ATEX vs. TQQQ
ATEX (Anterix Inc.) is a stock, while TQQQ (ProShares UltraPro QQQ) is Leveraged Equities fund tracking the NASDAQ-100 Index (300%). Over the past 10 years, ATEX returned 16.57%/yr vs 39.46%/yr for TQQQ. Their 0.27 correlation means their historical movements had little consistent relationship.
Performance
ATEX vs. TQQQ - Performance Comparison
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Returns By Period
In the year-to-date period, ATEX achieves a 326.11% return, which is significantly higher than TQQQ's 23.06% return. Over the past 10 years, ATEX has underperformed TQQQ with an annualized return of 16.57%, while TQQQ has yielded a comparatively higher 39.46% annualized return.
ATEX
- 1D
- -0.60%
- 1M
- -11.53%
- 6M
- 254.16%
- YTD
- 326.11%
- 1Y
- 325.53%
- 3Y*
- 48.70%
- 5Y*
- 9.79%
- 10Y*
- 16.57%
- ALL TIME*
- 7.86%
TQQQ
- 1D
- 2.09%
- 1M
- -11.90%
- 6M
- 20.14%
- YTD
- 23.06%
- 1Y
- 56.87%
- 3Y*
- 43.81%
- 5Y*
- 15.36%
- 10Y*
- 39.46%
- ALL TIME*
- 42.33%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
ATEX Anterix Inc. | $31.87M | $37.89M | $36.38M |
| $4.37B | $4.57B | $5.33B |
ATEX vs. TQQQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ATEX Anterix Inc. | 326.11% | -28.82% | -7.95% | 3.57% | -45.25% | 56.28% | -12.98% | 15.57% | 16.48% | 42.35% |
TQQQ ProShares UltraPro QQQ | 23.06% | 34.35% | 58.27% | 198.04% | -79.09% | 82.98% | 110.05% | 133.84% | -19.79% | 118.06% |
Correlation
The correlation between ATEX and TQQQ is 0.30, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.30 |
Correlation (3Y) Balances recent behavior with more history. | 0.27 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.28 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.27 |
Correlation (All Time) Calculated using the full available price history since Feb 3, 2015 | 0.27 |
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Return for Risk
ATEX vs. TQQQ — Risk / Return Rank
ATEX
TQQQ
ATEX vs. TQQQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Anterix Inc. (ATEX) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ATEX | TQQQ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +4.49 | ||
| Sortino ratioReturn per unit of downside risk | +3.55 | ||
| Omega ratioGain probability vs. loss probability | 1.60 | 1.17 | +0.43 |
| Calmar ratioReturn relative to maximum drawdown | 13.26 | 1.29 | +11.97 |
| Martin ratioReturn relative to average drawdown | 38.98 | 3.60 | +35.38 |
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Drawdowns
ATEX vs. TQQQ - Drawdown Comparison
The maximum ATEX drawdown since its inception was -72.27%, smaller than the maximum TQQQ drawdown of -81.66%. Use the drawdown chart below to compare losses from any high point for ATEX and TQQQ.
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Drawdown Indicators
| ATEX | TQQQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -72.27% | -81.66% | +9.39% |
Max Drawdown (1Y)Largest decline over 1 year | -24.22% | -36.97% | +12.75% |
Max Drawdown (3Y)Largest decline over 3 years | -57.35% | -58.04% | +0.69% |
Max Drawdown (5Y)Largest decline over 5 years | -72.27% | -81.66% | +9.39% |
Max Drawdown (10Y)Largest decline over 10 years | -72.27% | -81.66% | +9.39% |
Current DrawdownCurrent decline from peak | -14.03% | -25.74% | +11.71% |
Average DrawdownAverage peak-to-trough decline | -38.30% | -18.49% | -19.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.23% | 13.24% | -5.01% |
Volatility
ATEX vs. TQQQ - Volatility Comparison
Anterix Inc. (ATEX) and ProShares UltraPro QQQ (TQQQ) have volatilities of 20.19% and 20.41%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ATEX | TQQQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 20.19% | 20.41% | -0.22% |
Volatility (6M)Calculated over the trailing 6-month period | 47.65% | 47.79% | -0.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 60.44% | 57.62% | +2.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 45.78% | 68.04% | -22.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 50.97% | 66.57% | -15.60% |
Dividends
ATEX vs. TQQQ - Dividend Comparison
ATEX has not paid dividends to shareholders, while TQQQ's dividend yield for the trailing twelve months is around 0.58%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ATEX Anterix 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% |
TQQQ ProShares UltraPro QQQ | 0.58% | 0.65% | 1.27% | 1.26% | 0.57% | 0.00% | 0.00% | 0.06% | 0.11% | 0.00% | 0.00% | 0.01% |
Frequently Asked Questions
ATEX and TQQQ have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TQQQ has higher volatility (20.41%) compared to ATEX (20.19%). In terms of maximum drawdown, ATEX dropped -72.27% vs TQQQ's -81.66%.
ATEX currently has the higher Sharpe Ratio (5.32 vs 0.83), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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