ProShares
Asset Allocation
| Position | Category/Sector | Weight |
|---|---|---|
QQQ Invesco QQQ | Large Cap Blend Equities | 50% |
TQQQ ProShares UltraPro QQQ | Leveraged Equities, Leveraged | 50% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in ProShares, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends. The portfolio is rebalanced Quarterly
The earliest data available for this chart is Feb 11, 2010, corresponding to the inception date of TQQQ
Returns By Period
As of Nov 15, 2024, the ProShares returned 41.66% Year-To-Date and 29.64% of annualized return in the last 10 years.
| Year-To-Date | 1 month | 6 months | 1 year | 5 years (annualized) | 10 years (annualized) | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | 24.72% | 2.30% | 12.31% | 32.12% | 13.81% | 11.31% |
| ProShares | 41.66% | 6.55% | 20.41% | 59.76% | 31.86% | 29.64% |
| Portfolio components: | ||||||
TQQQ ProShares UltraPro QQQ | 59.60% | 9.43% | 27.81% | 88.74% | 34.59% | 35.45% |
QQQ Invesco QQQ | 24.75% | 3.63% | 12.88% | 32.82% | 21.02% | 18.32% |
Monthly Returns
The table below presents the monthly returns of ProShares, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 2.82% | 10.00% | 1.85% | -9.34% | 12.01% | 12.51% | -4.58% | 0.80% | 4.25% | -2.53% | 41.66% | ||
| 2023 | 21.54% | -2.02% | 19.42% | 0.23% | 15.54% | 12.61% | 7.23% | -4.02% | -10.53% | -5.02% | 21.98% | 11.23% | 120.07% |
| 2022 | -17.15% | -9.24% | 7.07% | -25.23% | -4.87% | -16.48% | 25.62% | -11.42% | -20.94% | 6.18% | 9.01% | -17.89% | -60.01% |
| 2021 | -0.11% | -0.76% | 2.03% | 12.03% | -3.07% | 13.18% | 5.61% | 8.52% | -11.52% | 16.18% | 3.80% | 1.53% | 54.32% |
| 2020 | 5.62% | -12.07% | -22.26% | 30.56% | 13.28% | 12.68% | 14.94% | 24.06% | -13.51% | -6.68% | 22.51% | 10.26% | 87.06% |
| 2019 | 18.03% | 6.01% | 7.77% | 11.11% | -16.57% | 15.01% | 4.27% | -4.90% | 1.41% | 8.44% | 8.32% | 7.92% | 83.23% |
| 2018 | 18.17% | -3.91% | -8.94% | 0.03% | 11.41% | 1.69% | 5.18% | 11.88% | -0.99% | -17.60% | -1.44% | -16.49% | -7.40% |
| 2017 | 10.40% | 9.06% | 3.99% | 5.40% | 7.76% | -5.36% | 8.30% | 3.61% | -0.72% | 9.21% | 3.82% | 0.96% | 71.61% |
| 2016 | -13.93% | -3.59% | 13.06% | -6.37% | 8.45% | -5.02% | 14.93% | 2.10% | 4.10% | -3.04% | 0.76% | 1.87% | 10.01% |
| 2015 | -4.49% | 14.70% | -4.97% | 3.52% | 4.31% | -5.13% | 8.97% | -14.37% | -4.87% | 24.57% | 1.00% | -3.80% | 14.58% |
| 2014 | -4.15% | 10.19% | -5.63% | -1.18% | 8.99% | 6.39% | 2.12% | 10.30% | -1.83% | 4.61% | 9.52% | -5.00% | 37.45% |
| 2013 | 5.21% | 0.47% | 6.00% | 4.74% | 7.22% | -5.37% | 13.23% | -1.08% | 10.17% | 9.82% | 7.09% | 6.05% | 83.26% |
Expense Ratio
ProShares features an expense ratio of 0.58%, falling within the medium range. Below you can find the expense ratios of portfolio funds side-by-side and effortlessly compare their relative costs.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of ProShares is 22, indicating that it is in the bottom 22% of portfolios on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
This table presents a comparison of risk-adjusted performance metrics for positions. Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Martin ratio | |
|---|---|---|---|---|---|
TQQQ ProShares UltraPro QQQ | 1.74 | 2.17 | 1.29 | 1.75 | 7.20 |
QQQ Invesco QQQ | 1.91 | 2.55 | 1.35 | 2.43 | 8.85 |
Dividends
Dividend yield
ProShares provided a 0.89% dividend yield over the last twelve months.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 0.89% | 0.94% | 0.68% | 0.21% | 0.28% | 0.40% | 0.51% | 0.42% | 0.53% | 0.50% | 0.72% | 0.51% |
| Portfolio components: | ||||||||||||
TQQQ ProShares UltraPro QQQ | 1.19% | 1.26% | 0.57% | 0.00% | 0.00% | 0.06% | 0.11% | 0.00% | 0.00% | 0.01% | 0.03% | 0.00% |
QQQ Invesco QQQ | 0.60% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.02% |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the ProShares. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the ProShares was 63.25%, occurring on Dec 28, 2022. Recovery took 349 trading sessions.
The current ProShares drawdown is 2.20%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -63.25% | Nov 22, 2021 | 277 | Dec 28, 2022 | 349 | May 20, 2024 | 626 |
| -51.1% | Feb 20, 2020 | 22 | Mar 20, 2020 | 72 | Jul 2, 2020 | 94 |
| -40.6% | Aug 30, 2018 | 80 | Dec 24, 2018 | 81 | Apr 23, 2019 | 161 |
| -30.73% | Jul 25, 2011 | 20 | Aug 19, 2011 | 115 | Feb 3, 2012 | 135 |
| -30.2% | Apr 26, 2010 | 49 | Jul 2, 2010 | 73 | Oct 15, 2010 | 122 |
Volatility
Volatility Chart
The current ProShares volatility is 9.99%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Diversification
Asset Correlations Table
| QQQ | TQQQ | |
|---|---|---|
| QQQ | 1.00 | 1.00 |
| TQQQ | 1.00 | 1.00 |