ABNB vs. TQQQ
Compare and contrast key facts about Airbnb, Inc. (ABNB) and ProShares UltraPro QQQ (TQQQ).
TQQQ is a passively managed fund by ProShares that tracks the performance of the NASDAQ-100 Index (300%). It was launched on Feb 9, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ABNB or TQQQ.
Performance
ABNB vs. TQQQ - Performance Comparison
Returns By Period
In the year-to-date period, ABNB achieves a -2.90% return, which is significantly lower than TQQQ's 51.05% return.
ABNB
-2.90%
-3.12%
-9.69%
3.96%
N/A
N/A
TQQQ
51.05%
1.51%
18.78%
78.21%
33.37%
34.34%
Key characteristics
| ABNB | TQQQ | |
|---|---|---|
| Sharpe Ratio | 0.14 | 1.51 |
| Sortino Ratio | 0.41 | 1.97 |
| Omega Ratio | 1.06 | 1.26 |
| Calmar Ratio | 0.10 | 1.53 |
| Martin Ratio | 0.30 | 6.29 |
| Ulcer Index | 15.45% | 12.45% |
| Daily Std Dev | 33.64% | 52.01% |
| Max Drawdown | -61.96% | -81.66% |
| Current Drawdown | -39.04% | -11.61% |
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Correlation
The correlation between ABNB and TQQQ is 0.57, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Risk-Adjusted Performance
ABNB vs. TQQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Airbnb, Inc. (ABNB) and ProShares UltraPro QQQ (TQQQ). 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.
Dividends
ABNB vs. TQQQ - Dividend Comparison
ABNB has not paid dividends to shareholders, while TQQQ's dividend yield for the trailing twelve months is around 1.26%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
ABNB Airbnb, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TQQQ ProShares UltraPro QQQ | 1.26% | 1.26% | 0.57% | 0.00% | 0.00% | 0.06% | 0.11% | 0.00% | 0.00% | 0.01% | 0.03% |
Drawdowns
ABNB vs. TQQQ - Drawdown Comparison
The maximum ABNB drawdown since its inception was -61.96%, smaller than the maximum TQQQ drawdown of -81.66%. Use the drawdown chart below to compare losses from any high point for ABNB and TQQQ. For additional features, visit the drawdowns tool.
Volatility
ABNB vs. TQQQ - Volatility Comparison
The current volatility for Airbnb, Inc. (ABNB) is 12.28%, while ProShares UltraPro QQQ (TQQQ) has a volatility of 16.92%. This indicates that ABNB experiences smaller price fluctuations and is considered to be less risky than TQQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.