QQXL ranks 25th and WX 37th of 95 funds in the Leveraged Long (2x & Other) Category.
QQXL vs WX
WX −0.76pt a year
0.96%0.20%
QQXL 8.2×the volume
2.19K268
QQXL vs WX Performance
−16.9%−9.1%
- QQXL 0.96%
- WX 0.20%, better
- QQXL $4M
- WX $0
- QQXL +8.5%
- WX
- QQXL 1.19%
- WX
- QQXL 32
- WX 1
- QQXL 2.19K sh, better
- WX 268 sh
- QQXL $43.17
- WX $21.81
ETF.net Grade
| Pillar | QQXL | WX |
|---|---|---|
| Cost | C51 | A100Higher |
| Mission | ||
| Risk | C52 | A71Higher |
| Tradability | B58Higher | F24 |
| Holdings | ||
| Durability | C52Higher | F20 |
Rank among Leveraged Long (2x & Other) funds
Same Category. QQXL and WX are both graded against the same 95 Leveraged Long (2x & Other) funds, so their Grades compare head to head.
Our read on each fund
QQXLC
WXC
In short
QQXL The first ETF to aim 2x daily leverage at just the top 30 names of the Nasdaq-100 instead of all 100. Same mega-cap engine as the classic leveraged Nasdaq trade, with the back half of the index left on the cutting room floor.
Stated mandate
QQXL The fund seeks daily investment results, before fees and expenses, corresponding to twice the daily performance of the Nasdaq-100 Top 30 Index.
Why people hold it
Worth knowing
QQXL vs WX 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.
QQXL vs WX Cost
Overpaying QQXL vs WX
$13,879
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
QQXL 0.96%
$18,034
WX 0.20%
$4,155
Cost over time
Year by year
| Year | QQXL | WX | Overpaying |
|---|---|---|---|
| 10 | $1,695 | $365 | $1,330 |
| 20 | $6,383 | $1,421 | $4,962 |
| 30 | $18,034 | $4,155 | $13,879 |
- 0.96%QQXL
- 0.20%WX, cheaper
- Middle half of Leveraged Long (2x & Other) funds
- Median 0.95%
WX cheapest of 95 funds
QQXL 66th cheapest of 95 funds
QQXL vs WX Dividends
- QQXL 1.19%
- WX
- QQXL $0.55
- WX None
- QQXL $0.12
- WX
- QQXL Sep 23, 2026
- WX
- QQXL Sep 29, 2026
- WX
- QQXL Quarterly
- WX
Distribution history
QQXL vs WX Risk
Fall from peak · 5 years
Risk facts
- Volatility
- QQXL 51.0%WX
- Return per unit of risk
- QQXL 0.58WX
- Worst fall
- QQXL −33.4%WX
- Market sensitivity
- QQXL 3.56WX 2.71
Popular comparisons
- 0.96% · 0.89%
- Same Category. Both funds are graded against the same funds, so their Grades compare head to head.
- 0.20% · 0.89%
- Same Category. Both funds are graded against the same funds, so their Grades compare head to head.
- 0.96% · 0.93%
- Same Category. Both funds are graded against the same funds, so their Grades compare head to head.
- 0.20% · 0.93%
- Same Category. Both funds are graded against the same funds, so their Grades compare head to head.
- 0.96% · 0.93%
- Same Category. Both funds are graded against the same funds, so their Grades compare head to head.
- 0.20% · 0.93%
- Same Category. Both funds are graded against the same funds, so their Grades compare head to head.