Direxion Daily Magnificent 7 Bull 2X Shares (QQQU) Performance
QQQU total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +4.7% since Dec 31, 2025
- 1 year
- +8.4% total return
- Since first price
- +152.9% since 2024
QQQU trailing returns vs SPY, QQQ, AGG
| Period | QQQU total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −6.1% | −6.1% | −1.0% | −5.0% | +0.9% |
| 3 months | +20.3% | +20.3% | +3.2% | +1.9% | −0.4% |
| 6 months | +9.7% | +9.7% | +7.8% | +8.4% | −1.5% |
| YTD | +4.7% | +4.5% | +12.3% | +15.1% | −1.0% |
| 1 year | +8.4% | −1.0% | +14.4% | +15.9% | −1.1% |
| Since inceptionMar 7, 2024 | +152.9% | +124.4% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: QQQU vs SPY
From Mar 7, 2024: QQQU grew to $25,289, SPY to $15,245.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
QQQU returns by calendar year
1 of 1 full years positive. Best 2025 (+32.9%), worst 2025 (+32.9%). 2026 is year to date.
QQQU annual returns table
| Year | QQQU | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +4.7% | −31.9% | +12.3% | +15.1% | −1.0% |
| 2025 | +32.9% | −51.0% | +17.7% | +20.8% | +7.2% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
QQQU largest drawdowns
Now 11.5% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Dec 17, 2024 | −53.7% | Apr 21, 2025 | Sep 9, 2025 | 4 months | 9 months |
| Oct 29, 2025 | −36.3% | Mar 30, 2026 | May 13, 2026 | 5 months | 6 months |
| Jul 10, 2024 | −33.8% | Aug 7, 2024 | Nov 7, 2024 | 28 days | 4 months |
| May 14, 2026 | −26.4% | Jun 25, 2026 | Sep 21, 2026 | 42 days | 4 months |
| Apr 11, 2024 | −17.3% | Apr 19, 2024 | May 15, 2024 | 8 days | 34 days |
| Oct 13, 2026 | −11.5% | Oct 23, 2026 | not yet | 10 days | 10 days so far |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
QQQU risk statistics
| Statistic | Since 2024 |
|---|---|
| Annualized return | +47.5% |
| Volatility (annualized) | 44.5% |
| Sharpe ratio | 1.01 |
| Sortino ratio | 1.81 |
| Best month | +30.1% |
| Worst month | −21.0% |
| Best 12 months | +96.4% |
| Worst 12 months | +15.0% |
| Positive months | 63% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
QQQU rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 20 | −0.2% | +32.3% | +96.4% | 95% |
Every holding period starting at a month-end since 2024. Returns for 3 years and longer are annualized.
QQQU performance overview
Direxion Daily Magnificent 7 Bull 2X Shares (QQQU) returned +8.4% over the past year, with distributions reinvested. Since its first recorded price on Mar 7, 2024 it has returned +152.9%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −53.7%, from Dec 17, 2024 to Apr 21, 2025, and it took 5 months to get back to the old high. Volatility has been 44.5% a year.
Related: QQQU chart, QQQU dividends. See the QQQU overview for the latest quote and fund facts.
QQQU performance FAQ
What is the QQQU return over the past year?
QQQU returned +8.4% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 1.0%.
How much would $10,000 invested in QQQU be worth?
$10,000 invested in QQQU at its first recorded close on March 7, 2024 would be worth about $25,289 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of QQQU?
The largest peak-to-trough decline was −53.7% between December 17, 2024 and April 21, 2025. It recovered to the old high on September 9, 2025, 5 months after the bottom.
How volatile is QQQU?
Over the past history QQQU had an annualized volatility of 44.5% and a Sharpe ratio of 1.01 (excess return over 1–3 month T-bills per unit of risk).