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QQQU vs UYG

Direxion Daily Magnificent 7 Bull 2X ETF

QQQUCNYSE Arca

ProShares Ultra Financials

UYGANYSE Arca

Overlap

Expense ratio

UYG −0.05pt a year

QQQU0.98%UYG0.93%

Avg volume · 30D

QQQU 2.2×the volume

QQQU37.8KUYG17.3K

QQQU vs UYG Performance

Oct 31, 2025 – Oct 30, 2026

−4.7%QQQU+11.5%UYG

Oct 31, 2025 to Oct 30, 2026. QQQU −4.7%. UYG +11.5%. Use the arrow keys to read each point.−30%−20%20%Oct 2025May 2026Oct 2026
Expense ratio
QQQU 0.98%
UYG 0.93%, better
Fund size
QQQU $70M
UYG $777M
1Y total return
QQQU −4.7%
UYG +11.5%, better
Yield (12M)
QQQU 9.56%
UYG 11.13%, better
Holdings
QQQU 13
UYG 83
Avg volume (30D)
QQQU 37.8K sh, better
UYG 17.3K sh
NAV per share
QQQU $58.23
UYG $93.27
52W range

ETF.net Grade

QQQU: Cost 29, Risk 45, Mission not scored, Tradability 55, Holdings not scored, Durability 62. UYG: Cost 70, Risk 76, Mission not scored, Tradability 78, Holdings not scored, Durability 80.
Pillar letters and Scores for QQQU, UYG, with each pillar’s weight
PillarQQQUUYG
Cost30% weightD29A70Higher
Mission25% weightNot scoredNot scored
Risk15% weightC45A76Higher
Tradability15% weightB55A78Higher
Holdings10% weightNot scoredNot scored
Durability5% weightB62A80Higher

Rank among Leveraged Long (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. QQQU and UYG are both graded against the same 95 Leveraged Long (2x & Other) funds, so their Grades compare head to head.

Leveraged Long (2x & Other)⁠

Category · 95 funds
See all 95 ›

UYG ranks 2nd and QQQU 36th of 95 funds in the Leveraged Long (2x & Other) Category.

  1. Rank 1AQLDProShares Ultra QQQScore 77
  2. Rank 2AUYGProShares Ultra FinancialsScore 74
  3. Rank 3AROMProShares Ultra TechnologyScore 71
  4. Rank 35CGLDWRoundhill Gold WeeklyPay ETFScore 42
  5. Rank 36CQQQUDirexion Daily Magnificent 7 Bull 2X ETFScore 41
  6. Rank 37CCIFCCorgi CIFR 2x Daily ETFScore 40

Our read on each fund

ETF.net Research

QQQUCDirexion Daily Magnificent 7 Bull 2X ETF

UYGAProShares Ultra Financials

In short

QQQU Most leveraged funds amplify a whole index. QQQU levers seven names: it targets 200% of the Magnificent 7 basket's daily move, and Direxion runs an inverse sibling on the same index for the other side.

UYG Listed in January 2007, a year before the banking crash, UYG targets 2x the daily move of the financial stocks in the S&P 500. A veteran of the leveraged shelf, priced at 0.93% with no fee waiver propping that number up.

Stated mandate

QQQU The fund seeks daily investment results, before fees and expenses, equal to 200% of the performance of the Indxx Magnificent 7 Index.

UYG UYG seeks pre-expense daily results equal to 2x the daily performance of the S&P Financial Select Sector Index. It is designed to provide magnified financials-sector exposure on a daily basis.

Why people hold it

  • QQQU Targets 200% of the daily move of the Indxx Magnificent 7 Index, a fixed roster of leading Nasdaq-listed mega-caps, not a 100-stock benchmark.direxion.com
  • 0.98% net of a waiver through September 1, 2027 (1.00% gross), near the leveraged-bull median. QLD is cheaper at 0.89% net of a waiver through September 30, 2027.
  • A 2x dose, not 3x, and paired with a -1x twin on the identical index, so long and short views run on the same benchmark.direxion.com
  • Sits in the upper half of a crowded leveraged-bull field, and pays out quarterly.
  • UYG One of the originals: on the tape since January 30, 2007, still running the same mandate of 2x the daily performance of the S&P Financial Select Sector Index.proshares.com
  • At 0.93% with no waiver doing the work, it sits near the median fee of its leveraged peer group and level with sibling ROM (0.93%). QLD is 0.89%, but net of a waiver through September 30, 2027.
  • The whole sector in one ticker: banks, insurers and capital-markets firms from the S&P 500, roughly 80 names, geared daily.proshares.com
  • Stands in the top tier of the leveraged bull funds we grade, a group of close to a hundred tickers.

Worth knowing

  • QQQU Leverage resets daily. Held longer than a day, results can drift from 2x the index's cumulative move, and choppy markets compound that gap.direxion.com
  • Seven stocks, doubled: one earnings night at a single mega-cap can swing the whole fund.
  • Smaller and more thinly traded than the headline index-based leveraged ETFs, so spreads and order size deserve a look before you click.
  • UYG The 2x target is a one-day target and resets each day. Over longer holds the result comes from compounding daily moves, and in choppy markets that can land well off twice the index's return for the period.proshares.com
  • One sector, doubled. Financials move with rates, credit conditions and deal flow, and UYG amplifies that daily swing in both directions.
  • It changes hands less than the headline leveraged funds, so the spread is worth a look before you place an order.

Full QQQU profile⁠

Full UYG profile⁠

QQQU vs UYG 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.

QQQU vs UYG Cost

Overpaying QQQU vs UYG

$823

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

  • QQQU 0.98%

    $18,362

  • UYG 0.93%

    $17,539

$10,000
30 years

Cost over time

  • QQQU 0.98%
  • UYG 0.93%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530QQQU $18,362UYG $17,539

Year by year

YearQQQUUYGOverpaying
10$1,729$1,644$85
20$6,504$6,199$305
30$18,362$17,539$823

Expense ratio

  • 0.98%QQQU
  • 0.93%UYG, cheaper
  • Middle half of Leveraged Long (2x & Other) funds
  • Median 0.95%

UYG 29th cheapest of 95 funds

QQQU 71st cheapest of 95 funds

QQQU vs UYG Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
QQQU 9.56%
UYG 11.13%, better
Payout (12M)
QQQU $5.37
UYG $10.38
Last payment
QQQU $0.02
UYG $0.09
Ex-dividend
QQQU Jun 23, 2026
UYG Sep 23, 2026
Paid on
QQQU Jun 30, 2026
UYG Sep 29, 2026
Frequency
QQQU Quarterly
UYG Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

QQQUQuarterly · 10 paymentsAll QQQU payments⁠
One bar per payment. 10 payments from 2017 to 2026 YTD. Jun 25, 2024 $0.07; Sep 24, 2024 $0.09; Dec 12, 2024 $1.09; Dec 23, 2024 $0.03; Mar 25, 2025 $0.05; Jun 24, 2025 $0.05; Dec 10, 2025 $5.31; Dec 23, 2025 $0.0098; Mar 24, 2026 $0.03; Jun 23, 2026 $0.02. Use the arrow keys to read each point.$0$102017202020232026YTD
UYGQuarterly · 39 paymentsAll UYG payments⁠
One bar per payment. 39 payments from 2017 to 2026 YTD. Mar 22, 2017 $0.02; Jun 21, 2017 $0.02; Sep 27, 2017 $0.07; Dec 26, 2017 $0.12; Mar 21, 2018 $0.05; Jun 20, 2018 $0.08; Sep 26, 2018 $0.11; Dec 26, 2018 $0.18; Mar 20, 2019 $0.08; Jun 25, 2019 $0.09; Sep 25, 2019 $0.14; Dec 24, 2019 $0.17; Mar 25, 2020 $0.12; Jun 24, 2020 $0.05; Sep 23, 2020 $0.03; Dec 23, 2020 $0.08; Mar 23, 2021 $0.03; Jun 22, 2021 $0.02; Sep 22, 2021 $0.03; Dec 23, 2021 $3.19; Mar 23, 2022 $0.04; Jun 22, 2022 $0.04; Sep 21, 2022 $0.06; Dec 22, 2022 $0.20; Mar 22, 2023 $0.09; Jun 21, 2023 $0.11; Sep 20, 2023 $0.09; Dec 20, 2023 $0.15; Mar 20, 2024 $0.04; Jun 26, 2024 $0.11; Sep 25, 2024 $0.09; Dec 23, 2024 $0.20; Mar 26, 2025 $0.27; Jun 25, 2025 $0.13; Sep 24, 2025 $0.38; Dec 24, 2025 $9.97; Mar 25, 2026 $0.20; Jun 24, 2026 $0.11; Sep 23, 2026 $0.09. Use the arrow keys to read each point.$0$102017202020232026YTD

QQQU vs UYG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
QQQU 44.5%since Apr 2024UYG 30.5%
Return per unit of riskSharpe ratio, 3 years
QQQU 0.89since Apr 2024UYG 1.04
Worst fallMax drawdown, 5 years
QQQU −53.7%since Mar 2024UYG −47.8%
Market sensitivityBeta, 5 years
QQQU 3.09UYG 1.58

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