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ABCL vs. QLD
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ABCL vs. QLD

Last updated May 12, 2025

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.

Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ABCL or QLD.

Correlation

The correlation between ABCL and QLD is 0.40, 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.

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.

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Key characteristics

Daily Std Dev

ABCL:

59.42%

QLD:

25.60%

Max Drawdown

ABCL:

-8.22%

QLD:

-1.84%

Current Drawdown

ABCL:

-7.31%

QLD:

-0.17%

Returns By Period

ABCL

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

QLD

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

*Annualized

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Risk-Adjusted Performance

ABCL vs. QLD — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
ABCL
The Risk-Adjusted Performance Rank of ABCL is 1313
Overall Rank
The Sharpe Ratio Rank of ABCL is 1212
Sharpe Ratio Rank
The Sortino Ratio Rank of ABCL is 1212
Sortino Ratio Rank
The Omega Ratio Rank of ABCL is 1515
Omega Ratio Rank
The Calmar Ratio Rank of ABCL is 1919
Calmar Ratio Rank
The Martin Ratio Rank of ABCL is 66
Martin Ratio Rank
QLD
The Risk-Adjusted Performance Rank of QLD is 3939
Overall Rank
The Sharpe Ratio Rank of QLD is 3131
Sharpe Ratio Rank
The Sortino Ratio Rank of QLD is 4545
Sortino Ratio Rank
The Omega Ratio Rank of QLD is 4545
Omega Ratio Rank
The Calmar Ratio Rank of QLD is 3939
Calmar Ratio Rank
The Martin Ratio Rank of QLD is 3434
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

ABCL vs. QLD - Risk-Adjusted Performance 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.

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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 0.26%.

TTM20242023202220212020201920182017201620152014
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		0.26%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

ABCL vs. QLD - Drawdown Comparison

The maximum ABCL drawdown since its inception was -8.22%, which is greater than QLD's maximum drawdown of -1.84%. Use the drawdown chart below to compare losses from any high point for ABCL and QLD. For additional features, visit the drawdowns tool.

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Volatility

ABCL vs. QLD - Volatility Comparison

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