0797.HK vs. QLD

Last updated Jun 5, 2026

0797.HK (7ROAD) is a stock, while QLD (ProShares Ultra QQQ) is Leveraged Equities fund tracking the NASDAQ-100 Index (200%). Over the past 5 years, 0797.HK returned -18.37%/yr vs 23.24%/yr for QLD. At a 0.02 correlation, their price movements are largely independent.

Performance

0797.HK vs. QLD - Performance Comparison

The chart below illustrates the hypothetical performance of a HK$10,000 investment in 7ROAD (0797.HK) and ProShares Ultra QQQ (QLD). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

0797.HK is traded in HKD, while QLD is traded in USD. To make them comparable, the QLD values have been converted to HKD using the latest available exchange rates.

Returns By Period

In the year-to-date period, 0797.HK achieves a 85.71% return, which is significantly higher than QLD's 28.02% return.

0797.HK

• 1D: -1.09%
• 1M: 54.24%
• YTD: 85.71%
• 6M: 65.45%
• 1Y: 193.55%
• 3Y*: -26.37%
• 5Y*: -18.37%
• 10Y*: —

QLD

• 1D: -9.58%
• 1M: 1.90%
• YTD: 28.02%
• 6M: 23.13%
• 1Y: 67.60%
• 3Y*: 44.62%
• 5Y*: 23.24%
• 10Y*: 34.68%

*Multi-year figures are annualized to reflect compound growth (CAGR)

0797.HK vs. QLD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
0797.HK 7ROAD	85.71%	-56.25%	-63.64%	25.71%	-5.41%	-7.50%	6.06%	80.82%	1.64%
QLD ProShares Ultra QQQ	28.02%	30.61%	42.08%	117.70%	-60.46%	55.51%	88.05%	80.73%	-29.35%

Correlation

The correlation between 0797.HK and QLD is -0.00, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.00
Correlation (3Y) Calculated over the trailing 3-year period	0.00
Correlation (5Y) Calculated over the trailing 5-year period	0.01
Correlation (All Time) Calculated using the full available price history since Jul 19, 2018	0.02

Return for Risk

0797.HK vs. QLD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

0797.HK

0797.HK Risk / Return Rank: 82
0797.HK Sharpe Ratio Rank: 73
0797.HK Sortino Ratio Rank: 92
0797.HK Omega Ratio Rank: 92
0797.HK Calmar Ratio Rank: 82
0797.HK Martin Ratio Rank: 71

QLD

QLD Risk / Return Rank: 56
QLD Sharpe Ratio Rank: 62
QLD Sortino Ratio Rank: 52
QLD Omega Ratio Rank: 55
QLD Calmar Ratio Rank: 56
QLD Martin Ratio Rank: 55

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.

0797.HK vs. QLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for 7ROAD (0797.HK) and ProShares Ultra QQQ (QLD). 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.

	0797.HK	QLD	Difference
Sharpe ratio: Return per unit of total volatility	1.05	2.04	-0.99
Sortino ratio: Return per unit of downside risk	3.51	2.47	+1.04
Omega ratio: Gain probability vs. loss probability	1.48	1.33	+0.15
Calmar ratio: Return relative to maximum drawdown	3.01	2.77	+0.24
Martin ratio: Return relative to average drawdown	3.92	9.69	-5.77
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

0797.HK vs. QLD - Sharpe Ratio Comparison

The current 0797.HK Sharpe Ratio is 1.05, which is lower than the QLD Sharpe Ratio of 2.04. The chart below compares the historical Sharpe Ratios of 0797.HK and QLD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	0797.HK	QLD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.05	2.04	-0.99
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.19	0.52	-0.71
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.78	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.07	0.55	-0.62

Drawdowns

0797.HK vs. QLD - Drawdown Comparison

The maximum 0797.HK drawdown since its inception was -91.64%, which is greater than QLD's maximum drawdown of -83.11%. Use the drawdown chart below to compare losses from any high point for 0797.HK and QLD.

Drawdown Indicators

	0797.HK	QLD	Difference
Max Drawdown Largest peak-to-trough decline	-91.64%	-83.11%	-8.53%
Max Drawdown (1Y) Largest decline over 1 year	-66.91%	-24.51%	-42.40%
Max Drawdown (3Y) Largest decline over 3 years	-91.46%	-42.32%	-49.14%
Max Drawdown (5Y) Largest decline over 5 years	-91.46%	-63.66%	-27.80%
Max Drawdown (10Y) Largest decline over 10 years	—	-63.66%	—
Current Drawdown Current decline from peak	-71.83%	-10.97%	-60.86%
Average Drawdown Average peak-to-trough decline	-31.93%	-18.84%	-13.09%
Ulcer Index Depth and duration of drawdowns from previous peaks	50.77%	7.00%	+43.77%

Volatility

0797.HK vs. QLD - Volatility Comparison

7ROAD (0797.HK) has a higher volatility of 26.02% compared to ProShares Ultra QQQ (QLD) at 13.48%. This indicates that 0797.HK's price experiences larger fluctuations and is considered to be riskier than QLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	0797.HK	QLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	26.02%	13.48%	+12.54%
Volatility (6M) Calculated over the trailing 6-month period	81.94%	26.18%	+55.76%
Volatility (1Y) Calculated over the trailing 1-year period	191.62%	33.32%	+158.30%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	99.13%	44.88%	+54.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	81.18%	44.61%	+36.57%

Dividends

0797.HK vs. QLD - Dividend Comparison

0797.HK has not paid dividends to shareholders, while QLD's dividend yield for the trailing twelve months is around 0.13%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
0797.HK 7ROAD	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	2.12%	0.00%	0.00%	0.00%
QLD ProShares Ultra QQQ	0.13%	0.17%	0.25%	0.33%	0.31%	0.00%	0.00%	0.13%	0.06%	0.02%	0.21%	0.11%

Frequently Asked Questions

Can I hold both 0797.HK and QLD in my portfolio?

0797.HK and QLD have a correlation of -0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.