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BKLC vs. TQQQ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between BKLC and TQQQ is 0.91, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


Performance

BKLC vs. TQQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BNY Mellon US Large Cap Core Equity ETF (BKLC) and ProShares UltraPro QQQ (TQQQ). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

BKLC:

0.54

TQQQ:

0.02

Sortino Ratio

BKLC:

0.91

TQQQ:

0.56

Omega Ratio

BKLC:

1.13

TQQQ:

1.08

Calmar Ratio

BKLC:

0.58

TQQQ:

0.04

Martin Ratio

BKLC:

2.21

TQQQ:

0.09

Ulcer Index

BKLC:

4.98%

TQQQ:

21.82%

Daily Std Dev

BKLC:

19.47%

TQQQ:

74.54%

Max Drawdown

BKLC:

-26.14%

TQQQ:

-81.66%

Current Drawdown

BKLC:

-7.78%

TQQQ:

-36.39%

Returns By Period

In the year-to-date period, BKLC achieves a -3.38% return, which is significantly higher than TQQQ's -25.26% return.


BKLC

YTD

-3.38%

1M

7.80%

6M

-4.90%

1Y

10.40%

5Y*

15.85%

10Y*

N/A

TQQQ

YTD

-25.26%

1M

27.81%

6M

-28.29%

1Y

1.00%

5Y*

26.28%

10Y*

29.84%

*Annualized

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BKLC vs. TQQQ - Expense Ratio Comparison

BKLC has a 0.00% expense ratio, which is lower than TQQQ's 0.95% expense ratio.


Risk-Adjusted Performance

BKLC vs. TQQQ — Risk-Adjusted Performance Rank

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

BKLC
The Risk-Adjusted Performance Rank of BKLC is 6565
Overall Rank
The Sharpe Ratio Rank of BKLC is 6161
Sharpe Ratio Rank
The Sortino Ratio Rank of BKLC is 6363
Sortino Ratio Rank
The Omega Ratio Rank of BKLC is 6666
Omega Ratio Rank
The Calmar Ratio Rank of BKLC is 6868
Calmar Ratio Rank
The Martin Ratio Rank of BKLC is 6565
Martin Ratio Rank

TQQQ
The Risk-Adjusted Performance Rank of TQQQ is 2929
Overall Rank
The Sharpe Ratio Rank of TQQQ is 2020
Sharpe Ratio Rank
The Sortino Ratio Rank of TQQQ is 4242
Sortino Ratio Rank
The Omega Ratio Rank of TQQQ is 4242
Omega Ratio Rank
The Calmar Ratio Rank of TQQQ is 2121
Calmar Ratio Rank
The Martin Ratio Rank of TQQQ is 2121
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.

BKLC vs. TQQQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for BNY Mellon US Large Cap Core Equity ETF (BKLC) 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.


The current BKLC Sharpe Ratio is 0.54, which is higher than the TQQQ Sharpe Ratio of 0.02. The chart below compares the historical Sharpe Ratios of BKLC and TQQQ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

BKLC vs. TQQQ - Dividend Comparison

BKLC's dividend yield for the trailing twelve months is around 1.27%, less than TQQQ's 1.67% yield.


TTM20242023202220212020201920182017201620152014
BKLC
BNY Mellon US Large Cap Core Equity ETF
1.27%1.22%1.35%1.64%1.10%0.84%0.00%0.00%0.00%0.00%0.00%0.00%
TQQQ
ProShares UltraPro QQQ
1.67%1.27%1.26%0.57%0.00%0.00%0.06%0.11%0.00%0.00%0.01%0.03%

Drawdowns

BKLC vs. TQQQ - Drawdown Comparison

The maximum BKLC drawdown since its inception was -26.14%, smaller than the maximum TQQQ drawdown of -81.66%. Use the drawdown chart below to compare losses from any high point for BKLC and TQQQ. For additional features, visit the drawdowns tool.


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Volatility

BKLC vs. TQQQ - Volatility Comparison

The current volatility for BNY Mellon US Large Cap Core Equity ETF (BKLC) is 6.92%, while ProShares UltraPro QQQ (TQQQ) has a volatility of 24.57%. This indicates that BKLC 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.


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