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QQQD vs SCC

Direxion Daily Magnificent 7 Bear 1X ETF

QQQDCNYSE Arca

ProShares UltraShort Consumer Discretionary

SCCCNYSE Arca

Overlap

Expense ratio

QQQD −0.45pt a year

QQQD0.50%SCC0.95%

Avg volume · 30D

QQQD 4.7×the volume

QQQD68.1KSCC14.4K

QQQD vs SCC Performance

Oct 31, 2025 – Oct 30, 2026

−0.7%QQQD+5.9%SCC

Oct 31, 2025 to Oct 30, 2026. QQQD −0.7%. SCC +5.9%. Use the arrow keys to read each point.−10%10%20%30%Oct 2025May 2026Oct 2026
Expense ratio
QQQD 0.50%, better
SCC 0.95%
Fund size
QQQD $28M
SCC $3M
1Y total return
QQQD −0.7%
SCC +5.9%, better
Yield (12M)
QQQD 3.35%, better
SCC 2.75%
Holdings
QQQD 3
SCC 1
Avg volume (30D)
QQQD 68.1K sh, better
SCC 14.4K sh
NAV per share
QQQD $12.18
SCC $14.83
52W range

ETF.net Grade

QQQD: Cost 50, Risk 67, Mission not scored, Tradability 43, Holdings not scored, Durability 38. SCC: Cost 50, Risk 53, Mission not scored, Tradability 55, Holdings not scored, Durability 45.
Pillar letters and Scores for QQQD, SCC, with each pillar’s weight
PillarQQQDSCC
Cost30% weightC50C50
Mission25% weightNot scoredNot scored
Risk15% weightB67HigherC53
Tradability15% weightC43B55Higher
Holdings10% weightNot scoredNot scored
Durability5% weightD38C45Higher

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. QQQD and SCC 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 SCC 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 32CSBBProShares Short SmallCap600Score 40
  5. Rank 32CSCCProShares UltraShort Consumer DiscretionaryScore 40
  6. Rank 32CSDPProShares UltraShort UtilitiesScore 40

Our read on each fund

ETF.net Research

QQQDCDirexion Daily Magnificent 7 Bear 1X ETF

SCCCProShares UltraShort Consumer Discretionary

In short

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.

SCC The only -2x ETF pointed at the consumer discretionary sector, and it has been listed since 2007. SCC resets daily, so it is built as a short-horizon trading tool, at 0.95% net of a waiver through September 30, 2027.

Stated mandate

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

SCC The fund seeks daily investment results, before fees and expenses, equal to negative two times the daily performance of the S&P Consumer Discretionary Select Sector Index.

Why people hold it

  • 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.
  • SCC ProShares describes it as the only -2x ETF built to gain when the consumer discretionary sector falls on the day. Retail, autos and restaurants, geared short, in one ticker.proshares.com
  • 0.95% net of a waiver through September 30, 2027 (gross 2.98%), near the category median. Siblings DOG, PSQ and RWM also sit at 0.95% net, each waived through that same date.
  • Listed since 2007, a long run for a daily-reset fund, with the -2x daily objective and the S&P Consumer Discretionary Select Sector Index named plainly in the fund's own documents.proshares.com

Worth knowing

  • 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.
  • SCC The -2x figure is a one-day target. Hold longer and compounding can push results away from -2x the index move over that stretch, especially through choppy markets.proshares.com
  • Small asset base and light trading for the category, so spreads and limit orders matter more here than on the heavily traded broad-index inverse funds.
  • Across ProShares' inverse shelf, the broad-market siblings review stronger; this sector-specific version sits in the lower part of its peer group on cost, scale and tradability.

Full QQQD profile⁠

Full SCC profile⁠

QQQD vs SCC 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.

QQQD vs SCC Cost

Overpaying SCC vs QQQD

$7,890

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

  • QQQD 0.50%

    $9,979

  • SCC 0.95%

    $17,869

$10,000
30 years

Cost over time

  • QQQD 0.50%
  • SCC 0.95%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530SCC $17,869QQQD $9,979

Year by year

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

Expense ratio

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

QQQD cheapest of 53 funds

SCC 6th cheapest of 53 funds

QQQD vs SCC Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
QQQD 3.35%, better
SCC 2.75%
Payout (12M)
QQQD $0.41
SCC $0.41
Last payment
QQQD $0.10
SCC $0.11
Ex-dividend
QQQD Sep 22, 2026
SCC Sep 23, 2026
Paid on
QQQD Sep 29, 2026
SCC Sep 29, 2026
Frequency
QQQD Quarterly
SCC Quarterly

Distribution history

Per share, 2018 to 2026, same scale for both

QQQDQuarterly · 10 paymentsAll QQQD payments⁠
One bar per payment. 10 payments from 2018 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$0.50202020232026YTD
SCCQuarterly · 12 paymentsAll SCC payments⁠
One bar per payment. 12 payments from 2018 to 2026 YTD. Mar 21, 2018 $0.18; Sep 21, 2022 $0.15; Mar 20, 2024 $0.25; Jun 26, 2024 $0.25; Dec 23, 2024 $0.42; Mar 26, 2025 $0.07; Jun 25, 2025 $0.26; Sep 24, 2025 $0.21; Dec 24, 2025 $0.15; Mar 25, 2026 $0.05; Jun 24, 2026 $0.09; Sep 23, 2026 $0.11. Use the arrow keys to read each point.$0$0.50202020232026YTD

QQQD vs SCC Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
QQQD 21.1%since Apr 2024SCC 34.2%
Return per unit of riskSharpe ratio, 3 years
QQQD −1.14since Apr 2024SCC −0.88
Worst fallMax drawdown, 5 years
QQQD −51.4%since Mar 2024SCC −78.7%
Market sensitivityBeta, 5 years
QQQD −1.35SCC −2.25

QQQD and SCC in the news

All news⁠

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