ABCL vs. QLD

Last updated Apr 1, 2026

Compare and contrast key facts about AbCellera Biologics Inc. (ABCL) and ProShares Ultra QQQ (QLD).

QLD is a passively managed fund by ProShares that tracks the performance of the NASDAQ-100 Index (200%). It was launched on Jun 21, 2006.

Performance

ABCL vs. QLD - Performance Comparison

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

ABCL vs. QLD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
ABCL AbCellera Biologics Inc.	2.05%	16.72%	-48.69%	-43.63%	-29.16%	-64.46%	-31.68%
QLD ProShares Ultra QQQ	-13.35%	30.36%	42.82%	117.72%	-60.52%	54.67%	8.18%

Returns By Period

In the year-to-date period, ABCL achieves a 2.05% return, which is significantly higher than QLD's -13.35% return.

ABCL

• 1D: 6.40%
• 1M: -3.32%
• YTD: 2.05%
• 6M: -30.62%
• 1Y: 56.50%
• 3Y*: -22.65%
• 5Y*: -35.27%
• 10Y*: —

QLD

• 1D: 6.72%
• 1M: -10.26%
• YTD: -13.35%
• 6M: -11.03%
• 1Y: 37.53%
• 3Y*: 35.41%
• 5Y*: 15.27%
• 10Y*: 29.40%

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

Return for Risk

ABCL vs. QLD — Risk / Return Rank

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

ABCL

ABCL Risk / Return Rank: 65
ABCL Sharpe Ratio Rank: 67
ABCL Sortino Ratio Rank: 70
ABCL Omega Ratio Rank: 65
ABCL Calmar Ratio Rank: 62
ABCL Martin Ratio Rank: 59

QLD

QLD Risk / Return Rank: 57
QLD Sharpe Ratio Rank: 51
QLD Sortino Ratio Rank: 59
QLD Omega Ratio Rank: 58
QLD Calmar Ratio Rank: 63
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.

ABCL vs. QLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AbCellera Biologics Inc. (ABCL) 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.

	ABCL	QLD	Difference
Sharpe ratio Return per unit of total volatility	0.73	0.84	-0.11
Sortino ratio Return per unit of downside risk	1.61	1.43	+0.17
Omega ratio Gain probability vs. loss probability	1.18	1.20	-0.02
Calmar ratio Return relative to maximum drawdown	0.93	1.49	-0.56
Martin ratio Return relative to average drawdown	1.83	4.88	-3.05
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ABCL vs. QLD - Sharpe Ratio Comparison

The current ABCL Sharpe Ratio is 0.73, which is comparable to the QLD Sharpe Ratio of 0.84. The chart below compares the historical Sharpe Ratios of ABCL and QLD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	ABCL	QLD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.73	0.84	-0.11
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.53	0.34	-0.88
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.66	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.60	0.53	-1.13

Correlation

The correlation between ABCL and QLD is 0.34, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

ABCL vs. QLD - Dividend Comparison

ABCL has not paid dividends to shareholders, while QLD's dividend yield for the trailing twelve months is around 0.19%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ABCL AbCellera Biologics Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
QLD ProShares Ultra QQQ	0.19%	0.17%	0.25%	0.33%	0.31%	0.00%	0.00%	0.13%	0.06%	0.02%	0.21%	0.11%

Drawdowns

ABCL vs. QLD - Drawdown Comparison

The maximum ABCL drawdown since its inception was -96.72%, which is greater than QLD's maximum drawdown of -83.13%. Use the drawdown chart below to compare losses from any high point for ABCL and QLD.

Drawdown Indicators

	ABCL	QLD	Difference
Max Drawdown Largest peak-to-trough decline	-96.72%	-83.13%	-13.59%
Max Drawdown (1Y) Largest decline over 1 year	-54.94%	-25.13%	-29.81%
Max Drawdown (5Y) Largest decline over 5 years	-94.35%	-63.68%	-30.67%
Max Drawdown (10Y) Largest decline over 10 years	—	-63.68%	—
Current Drawdown Current decline from peak	-94.07%	-20.10%	-73.97%
Average Drawdown Average peak-to-trough decline	-83.30%	-18.30%	-65.00%
Ulcer Index Depth and duration of drawdowns from previous peaks	27.87%	7.67%	+20.20%

Volatility

ABCL vs. QLD - Volatility Comparison

The current volatility for AbCellera Biologics Inc. (ABCL) is 12.03%, while ProShares Ultra QQQ (QLD) has a volatility of 12.96%. This indicates that ABCL experiences smaller price fluctuations and is considered to be less risky than QLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ABCL	QLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.03%	12.96%	-0.93%
Volatility (6M) Calculated over the trailing 6-month period	53.26%	25.55%	+27.71%
Volatility (1Y) Calculated over the trailing 1-year period	78.17%	44.91%	+33.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	66.57%	44.77%	+21.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	69.65%	44.47%	+25.18%