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EFU vs QQQD

ProShares UltraShort MSCI EAFE

EFUCNYSE Arca

Direxion Daily Magnificent 7 Bear 1X ETF

QQQDCNYSE Arca

Overlap

0.0%by weight

Expense ratio

QQQD −0.45pt a year

EFU0.95%QQQD0.50%

Avg volume · 30D

QQQD 8.9×the volume

EFU7.62KQQQD68.1K

EFU vs QQQD Performance

Oct 31, 2025 – Oct 30, 2026

−21.1%EFU−0.7%QQQD

Oct 31, 2025 to Oct 30, 2026. EFU −21.1%. QQQD −0.7%. Use the arrow keys to read each point.−30%−10%10%20%Oct 2025Apr 2026Oct 2026
Expense ratio
EFU 0.95%
QQQD 0.50%, better
Fund size
EFU $1M
QQQD $28M
1Y total return
EFU −21.1%
QQQD −0.7%, better
Yield (12M)
EFU 4.12%, better
QQQD 3.35%
Holdings
EFU 1
QQQD 3
Avg volume (30D)
EFU 7.62K sh
QQQD 68.1K sh, better
NAV per share
EFU $7.38
QQQD $12.18
52W range

ETF.net Grade

EFU: Cost 50, Risk 42, Mission not scored, Tradability 22, Holdings not scored, Durability 36. QQQD: Cost 50, Risk 67, Mission not scored, Tradability 43, Holdings not scored, Durability 38.
Pillar letters and Scores for EFU, QQQD, with each pillar’s weight
PillarEFUQQQD
Cost30% weightC50C50
Mission25% weightNot scoredNot scored
Risk15% weightC42B67Higher
Tradability15% weightF22C43Higher
Holdings10% weightNot scoredNot scored
Durability5% weightD36D38Higher

Rank among Leveraged Inverse (2x & Other) funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. EFU and QQQD are both graded against the same 53 Leveraged Inverse (2x & Other) funds, so their Grades compare head to head.

Leveraged Inverse (2x & Other)⁠

Category · 53 funds
See all 53 ›

QQQD ranks 21st and EFU 32nd of 53 funds in the Leveraged Inverse (2x & Other) Category.

  1. Rank 21CEFZProShares Short MSCI EAFEScore 51
  2. Rank 21CQQQDDirexion Daily Magnificent 7 Bear 1X ETFScore 51
  3. Rank 23CZSLProShares UltraShort SilverScore 50
  4. Rank 32CEEVProShares UltraShort MSCI Emerging MarketsScore 40
  5. Rank 32CEFUProShares UltraShort MSCI EAFEScore 40
  6. Rank 32CEMTYProShares Decline of the Retail Store ETFScore 40

Our read on each fund

ETF.net Research

EFUCProShares UltraShort MSCI EAFE

QQQDCDirexion Daily Magnificent 7 Bear 1X ETF

In short

EFU Nearly every inverse ETF shorts America. EFU goes the other way: -2x the daily move of the MSCI EAFE index, the developed markets of Europe, Australasia and the Far East. A 2007-vintage tool with a one-day job.

QQQD Fading the Magnificent 7 without a leverage multiplier: QQQD aims for -100% of the Indxx Magnificent 7 Index's daily move, one-for-one, at 0.50% net of a waiver through September 1, 2027.

Stated mandate

EFU EFU seeks daily investment results, before fees and expenses, corresponding to -2x the daily performance of the MSCI EAFE Index.

QQQD The fund seeks daily investment results equal to 100% of the inverse performance of the Indxx Magnificent 7 Index, before fees and expenses.

Why people hold it

  • EFU A rare short on the world outside America: -2x the daily move of MSCI EAFE, which spans large and mid caps across 21 developed countries, excluding the US and Canada.proshares.commsci.com
  • Fee is 0.95% net of a waiver through September 30, 2027, near the category median for leveraged and inverse funds. Not a bargain, not a premium.
  • Listed in 2007, so the fund has operated across multiple full market cycles, a long run for a daily-reset product.
  • The same index comes at half the speed in EFZ, a -1x fund at 0.95% net of a waiver through September 30, 2027, so the exposure can be dialed down.
  • QQQD One-for-one inverse, not 2x or 3x. A 1% index gain is designed to show up as roughly a 1% fund loss that day, and the reverse on down days, with no leverage stacked on top.direxion.com
  • 0.50% net of a waiver through September 1, 2027, below the category median and below the 0.95% at PSQ and DOG (net of waivers through September 30, 2027).
  • Surgical target: the short exposure is to the Magnificent 7 basket itself, not a broad Nasdaq index where those seven names get diluted by dozens of others.direxion.com
  • Despite launching in 2024, it stands in the upper half of a crowded bear and inverse peer group.

Worth knowing

  • EFU The -2x target resets every day. Hold longer and compounding takes over, so multi-day results can differ widely from -2x the index move over that stretch.proshares.com
  • That 0.95% is net: the gross ratio is 8.34%, and the waiver runs through September 30, 2027. Worth watching what the fund files after that.
  • Small and thinly traded. Limit orders and modest size matter more here than in the headline inverse funds.
  • QQQD Exposure resets every day. Hold longer than a day and compounding means the result can drift from the simple inverse of the index's move over that stretch.direxion.com
  • Seven mega-caps drive everything. One earnings surprise or one AI headline can move the whole basket, with no other holdings to soften it.direxion.com
  • That 0.50% is a net figure. Gross expenses run 1.08%, so the cost picture shifts if the waiver is not extended past September 1, 2027.

Full EFU profile⁠

Full QQQD profile⁠

EFU vs QQQD Holdings

How EFU and QQQD differ

Overlap by weight

0.0%

Shared holdings make up 0.0% of EFU and 0.0% of QQQD.

Level by level

  • Asset classEquity, Leveraged/Inverse0.0%
  • Holdings0 in both0.0%

Sector

No Sector split for EFU and QQQD.

Country, concentration and asset class

Country by domicile

No country split for EFU.

Concentration

Weight in the 10 largest Holdings

  • EFU100.0%
  • QQQD5083.3%

Securities held

  • EFU0
  • QQQD0

Asset class

EFU
Equity
QQQD
Leveraged/Inverse

Holdings

  • Only in EFU0
  • In both0
  • Only in QQQD0

Only in EFU

0 securities, 0.0% of EFU by weight

Only in QQQD

0 securities, 0.0% of QQQD by weight

Weight gaps

EFU and QQQD share no securities.

All 6 EFU holdings⁠All 7 QQQD holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

EFU vs QQQD Cost

Overpaying EFU vs QQQD

$7,890

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • EFU 0.95%

    $17,869

  • QQQD 0.50%

    $9,979

$10,000
30 years

Cost over time

  • EFU 0.95%
  • QQQD 0.50%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530EFU $17,869QQQD $9,979

Year by year

YearEFUQQQDOverpaying
10$1,678$900$778
20$6,322$3,460$2,862
30$17,869$9,979$7,890

Expense ratio

  • 0.95%EFU
  • 0.50%QQQD, cheaper
  • Middle half of Leveraged Inverse (2x & Other) funds
  • Median 0.95%

QQQD cheapest of 53 funds

EFU 6th cheapest of 53 funds

EFU vs QQQD Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
EFU 4.12%, better
QQQD 3.35%
Payout (12M)
EFU $0.30
QQQD $0.41
Last payment
EFU $0.08
QQQD $0.10
Ex-dividend
EFU Sep 23, 2026
QQQD Sep 22, 2026
Paid on
EFU Sep 29, 2026
QQQD Sep 29, 2026
Frequency
EFU Quarterly
QQQD Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

EFUQuarterly · 24 paymentsAll EFU payments⁠
One bar per payment. 24 payments from 2017 to 2026 YTD. Sep 26, 2018 $0.02; Dec 26, 2018 $0.08; Mar 20, 2019 $0.08; Jun 25, 2019 $0.13; Sep 25, 2019 $0.12; Dec 24, 2019 $0.05; Mar 25, 2020 $0.00092; Sep 21, 2022 $0.33; Dec 22, 2022 $0.02; Mar 22, 2023 $0.33; Jun 21, 2023 $0.16; Sep 20, 2023 $0.35; Dec 20, 2023 $0.25; Mar 20, 2024 $0.12; Jun 26, 2024 $0.11; Sep 25, 2024 $0.16; Dec 23, 2024 $0.24; Mar 26, 2025 $0.13; Jun 25, 2025 $0.12; Sep 24, 2025 $0.14; Dec 24, 2025 $0.11; Mar 25, 2026 $0.03; Jun 24, 2026 $0.08; Sep 23, 2026 $0.08. Use the arrow keys to read each point.$0$0.252017202020232026YTD
QQQDQuarterly · 10 paymentsAll QQQD payments⁠
One bar per payment. 10 payments from 2017 to 2026 YTD. Jun 25, 2024 $0.32; Sep 24, 2024 $0.41; Dec 23, 2024 $0.15; Mar 25, 2025 $0.13; Jun 24, 2025 $0.20; Sep 23, 2025 $0.08; Dec 23, 2025 $0.15; Mar 24, 2026 $0.08; Jun 23, 2026 $0.09; Sep 22, 2026 $0.10. Use the arrow keys to read each point.$0$0.252017202020232026YTD

EFU vs QQQD Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
EFU 23.3%QQQD 21.1%since Apr 2024
Return per unit of riskSharpe ratio, 3 years
EFU −1.45QQQD −1.14since Apr 2024
Worst fallMax drawdown, 5 years
EFU −77.4%QQQD −51.4%since Mar 2024
Market sensitivityBeta, 5 years
EFU −1.23QQQD −1.35

EFU and QQQD in the news

All news⁠

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