PortfoliosLab logoPortfoliosLab logo
ProShares UltraPro QQQ (TQQQ)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

ISIN
US74347X8314
CUSIP
74347X831
Issuer
ProShares
Inception Date
Feb 9, 2010
Region
North America (U.S.)
Leveraged
3x
Index Tracked
NASDAQ-100 Index (300%)
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Large-Cap
Asset Class Style
Growth

Share Price Chart


Loading graphics...

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in ProShares UltraPro QQQ, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


Loading graphics...

S&P 500 Index

Returns By Period

ProShares UltraPro QQQ (TQQQ) has returned -20.81% so far this year and 46.49% over the past 12 months. Looking at the last ten years, TQQQ has achieved an annualized return of 34.82%, outperforming the S&P 500 Index benchmark, which averaged 12.16% per year.


ProShares UltraPro QQQ

1D
10.00%
1M
-15.69%
YTD
-20.81%
6M
-19.12%
1Y
46.49%
3Y*
45.09%
5Y*
12.72%
10Y*
34.82%

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Feb 11, 2010, TQQQ's average daily return is +0.21%, while the average monthly return is +3.96%. At this rate, your investment would double in approximately 1.5 years.

Historically, 61% of months were positive and 39% were negative. The best month was Apr 2020 with a return of +46.5%, while the worst month was Mar 2020 at -38.1%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 4 months.

On a daily basis, TQQQ closed higher 56% of trading days. The best single day was Apr 9, 2025 with a return of +35.2%, while the worst single day was Mar 16, 2020 at -34.5%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20262.43%-8.30%-15.69%-20.81%
20254.54%-9.43%-23.29%-4.22%27.55%18.90%6.28%1.30%15.82%12.88%-6.55%-3.19%34.35%
20243.83%14.67%2.36%-14.34%18.57%18.51%-7.50%0.48%6.00%-4.19%15.03%-0.62%58.27%
202332.43%-3.40%28.44%-0.04%23.01%18.36%10.51%-6.33%-15.77%-7.97%33.83%16.08%198.04%
2022-25.65%-15.15%10.90%-37.21%-9.53%-27.38%39.00%-16.64%-30.53%8.44%12.46%-26.19%-79.09%
2021-0.47%-1.38%2.29%17.97%-4.71%19.41%8.36%12.62%-16.67%24.56%5.37%1.74%82.98%

Benchmark Metrics

ProShares UltraPro QQQ has an annualized alpha of 10.67%, beta of 3.29, and R² of 0.87 versus S&P 500 Index. Calculated based on daily prices since February 12, 2010.

  • This ETF captured 545.50% of S&P 500 Index gains and 225.01% of its losses — amplifying both gains and losses, but participating more in upside than downside.
  • This ETF generated an annualized alpha of 10.67% versus S&P 500 Index — delivering returns beyond what market exposure alone would predict.
  • Beta of 3.29 means this ETF moves significantly more than S&P 500 Index — expect amplified gains in rallies and amplified losses in downturns.

Alpha
10.67%
Beta
3.29
0.87
Upside Capture
545.50%
Downside Capture
225.01%

Expense Ratio

TQQQ has a high expense ratio of 0.95%, indicating above-average management fees.


Return for Risk

Risk / Return Rank

TQQQ ranks 44 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.


TQQQ Risk / Return Rank: 4444
Overall Rank
TQQQ Sharpe Ratio Rank: 3636
Sharpe Ratio Rank
TQQQ Sortino Ratio Rank: 4949
Sortino Ratio Rank
TQQQ Omega Ratio Rank: 4949
Omega Ratio Rank
TQQQ Calmar Ratio Rank: 4747
Calmar Ratio Rank
TQQQ Martin Ratio Rank: 4040
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for ProShares UltraPro QQQ (TQQQ) and compare them to a chosen benchmark (S&P 500 Index).


TQQQBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

0.69

0.90

-0.20

Sortino ratio

Return per unit of downside risk

1.37

1.39

-0.01

Omega ratio

Gain probability vs. loss probability

1.19

1.21

-0.02

Calmar ratio

Return relative to maximum drawdown

1.25

1.40

-0.14

Martin ratio

Return relative to average drawdown

3.87

6.61

-2.74

Explore TQQQ risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

ProShares UltraPro QQQ provided a 0.76% dividend yield over the last twelve months, with an annual payout of $0.32 per share.


0.00%0.20%0.40%0.60%0.80%1.00%1.20%$0.00$0.10$0.20$0.30$0.40$0.5020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
Dividend$0.32$0.34$0.50$0.32$0.05$0.00$0.00$0.01$0.01$0.00$0.00$0.00

Dividend yield

0.76%0.65%1.27%1.26%0.57%0.00%0.00%0.06%0.11%0.00%0.00%0.01%

Monthly Dividends

The table displays the monthly dividend distributions for ProShares UltraPro QQQ. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.07$0.07
2025$0.00$0.00$0.10$0.00$0.00$0.11$0.00$0.00$0.05$0.00$0.00$0.09$0.34
2024$0.00$0.00$0.11$0.00$0.00$0.14$0.00$0.00$0.12$0.00$0.00$0.14$0.50
2023$0.00$0.00$0.07$0.00$0.00$0.06$0.00$0.00$0.07$0.00$0.00$0.11$0.32
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.05$0.05
2021$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00

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.


Loading graphics...

Worst Drawdowns

The table below displays the maximum drawdowns of the ProShares UltraPro QQQ. 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 UltraPro QQQ was 81.66%, occurring on Dec 28, 2022. Recovery took 486 trading sessions.

The current ProShares UltraPro QQQ drawdown is 30.66%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-81.66%Nov 22, 2021277Dec 28, 2022486Dec 4, 2024763
-69.92%Feb 20, 202022Mar 20, 202077Jul 10, 202099
-58.08%Aug 30, 201880Dec 24, 2018217Nov 4, 2019297
-58.04%Dec 17, 202476Apr 8, 202586Aug 12, 2025162
-44.54%Jul 21, 2015141Feb 9, 2016157Sep 22, 2016298

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


Loading graphics...