BAH vs. TQQQ

Last updated Jun 4, 2026

BAH (Booz Allen Hamilton Holding Corporation) is a stock, while TQQQ (ProShares UltraPro QQQ) is Leveraged Equities fund tracking the NASDAQ-100 Index (300%). Over the past 10 years, BAH returned 12.25%/yr vs 45.33%/yr for TQQQ. At a 0.35 correlation, their price movements are largely independent.

Performance

BAH vs. TQQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Booz Allen Hamilton Holding Corporation (BAH) and ProShares UltraPro QQQ (TQQQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BAH achieves a -6.24% return, which is significantly lower than TQQQ's 64.46% return. Over the past 10 years, BAH has underperformed TQQQ with an annualized return of 12.25%, while TQQQ has yielded a comparatively higher 45.33% annualized return.

BAH

• 1D: -2.28%
• 1M: 0.85%
• YTD: -6.24%
• 6M: -4.11%
• 1Y: -23.32%
• 3Y*: -7.18%
• 5Y*: 0.11%
• 10Y*: 12.25%

TQQQ

• 1D: -0.76%
• 1M: 33.35%
• YTD: 64.46%
• 6M: 55.93%
• 1Y: 137.89%
• 3Y*: 69.49%
• 5Y*: 28.37%
• 10Y*: 45.33%

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

BAH vs. TQQQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BAH Booz Allen Hamilton Holding Corporation	-6.24%	-33.02%	2.00%	24.47%	25.71%	-1.04%	24.46%	60.16%	20.21%	7.77%
TQQQ ProShares UltraPro QQQ	64.46%	34.35%	58.27%	198.04%	-79.09%	82.98%	110.05%	133.84%	-19.79%	118.06%

Correlation

The correlation between BAH and TQQQ is -0.01, 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	-0.01
Correlation (3Y) Calculated over the trailing 3-year period	0.18
Correlation (5Y) Calculated over the trailing 5-year period	0.24
Correlation (10Y) Calculated over the trailing 10-year period	0.32
Correlation (All Time) Calculated using the full available price history since Nov 19, 2010	0.35

The correlation between BAH and TQQQ shifts across timeframes, from -0.01 (1 year) to 0.35 (all time), reflecting how their relationship changes across market environments.

Return for Risk

BAH vs. TQQQ — Risk / Return Rank

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

BAH

BAH Risk / Return Rank: 16
BAH Sharpe Ratio Rank: 14
BAH Sortino Ratio Rank: 16
BAH Omega Ratio Rank: 16
BAH Calmar Ratio Rank: 18
BAH Martin Ratio Rank: 19

TQQQ

TQQQ Risk / Return Rank: 71
TQQQ Sharpe Ratio Rank: 86
TQQQ Sortino Ratio Rank: 65
TQQQ Omega Ratio Rank: 65
TQQQ Calmar Ratio Rank: 73
TQQQ Martin Ratio Rank: 66

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.

BAH vs. TQQQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Booz Allen Hamilton Holding Corporation (BAH) 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.

	BAH	TQQQ	Difference
Sharpe ratio: Return per unit of total volatility	-0.62	2.92	-3.54
Sortino ratio: Return per unit of downside risk	-0.67	3.09	-3.76
Omega ratio: Gain probability vs. loss probability	0.91	1.40	-0.49
Calmar ratio: Return relative to maximum drawdown	-0.63	3.75	-4.38
Martin ratio: Return relative to average drawdown	-1.05	12.27	-13.32
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BAH vs. TQQQ - Sharpe Ratio Comparison

The current BAH Sharpe Ratio is -0.62, which is lower than the TQQQ Sharpe Ratio of 2.92. The chart below compares the historical Sharpe Ratios of BAH and TQQQ, 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

	BAH	TQQQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.62	2.92	-3.54
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.00	0.43	-0.43
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.43	0.69	-0.26
Sharpe Ratio (All Time) Calculated using the full available price history	0.57	0.74	-0.17

Drawdowns

BAH vs. TQQQ - Drawdown Comparison

The maximum BAH drawdown since its inception was -60.24%, smaller than the maximum TQQQ drawdown of -81.66%. Use the drawdown chart below to compare losses from any high point for BAH and TQQQ.

Drawdown Indicators

	BAH	TQQQ	Difference
Max Drawdown Largest peak-to-trough decline	-60.24%	-81.66%	+21.42%
Max Drawdown (1Y) Largest decline over 1 year	-37.07%	-36.97%	-0.10%
Max Drawdown (3Y) Largest decline over 3 years	-60.24%	-58.04%	-2.20%
Max Drawdown (5Y) Largest decline over 5 years	-60.24%	-81.66%	+21.42%
Max Drawdown (10Y) Largest decline over 10 years	-60.24%	-81.66%	+21.42%
Current Drawdown Current decline from peak	-56.40%	-0.76%	-55.64%
Average Drawdown Average peak-to-trough decline	-10.68%	-18.52%	+7.84%
Ulcer Index Depth and duration of drawdowns from previous peaks	22.20%	11.28%	+10.92%

Volatility

BAH vs. TQQQ - Volatility Comparison

The current volatility for Booz Allen Hamilton Holding Corporation (BAH) is 12.40%, while ProShares UltraPro QQQ (TQQQ) has a volatility of 13.29%. This indicates that BAH 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.

Volatility by Period

	BAH	TQQQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.40%	13.29%	-0.89%
Volatility (6M) Calculated over the trailing 6-month period	31.84%	36.04%	-4.20%
Volatility (1Y) Calculated over the trailing 1-year period	37.82%	47.60%	-9.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	31.00%	66.53%	-35.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.65%	65.96%	-37.31%

Dividends

BAH vs. TQQQ - Dividend Comparison

BAH's dividend yield for the trailing twelve months is around 2.85%, more than TQQQ's 0.36% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BAH Booz Allen Hamilton Holding Corporation	2.85%	2.61%	1.59%	1.47%	1.65%	1.75%	1.42%	1.35%	1.69%	1.78%	1.66%	1.69%
TQQQ ProShares UltraPro QQQ	0.36%	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

Can I hold both BAH and TQQQ in my portfolio?

BAH and TQQQ have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BAH or TQQQ?

TQQQ has higher volatility (13.29%) compared to BAH (12.40%). In terms of maximum drawdown, BAH dropped -60.24% vs TQQQ's -81.66%.

Which has better risk-adjusted returns?

TQQQ currently has the higher Sharpe Ratio (2.92 vs -0.62), 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.