BRUSX vs. TQQQ
Compare and contrast key facts about Bridgeway Ultra Small Company Fund (BRUSX) and ProShares UltraPro QQQ (TQQQ).
BRUSX is managed by Bridgeway. It was launched on Aug 5, 1994. 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: BRUSX or TQQQ.
Key characteristics
| BRUSX | TQQQ | |
|---|---|---|
| YTD Return | 0.80% | 2.14% |
| 1Y Return | 16.83% | 90.96% |
| 3Y Return (Ann) | 2.57% | -0.56% |
| 5Y Return (Ann) | 12.58% | 25.74% |
| 10Y Return (Ann) | 5.63% | 35.70% |
| Sharpe Ratio | 0.81 | 1.77 |
| Daily Std Dev | 19.75% | 48.54% |
| Max Drawdown | -68.24% | -81.66% |
| Current Drawdown | -6.76% | -40.23% |
Correlation
The correlation between BRUSX and TQQQ is 0.63, 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.
Performance
BRUSX vs. TQQQ - Performance Comparison
In the year-to-date period, BRUSX achieves a 0.80% return, which is significantly lower than TQQQ's 2.14% return. Over the past 10 years, BRUSX has underperformed TQQQ with an annualized return of 5.63%, while TQQQ has yielded a comparatively higher 35.70% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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BRUSX vs. TQQQ - Expense Ratio Comparison
BRUSX has a 1.26% expense ratio, which is higher than TQQQ's 0.95% expense ratio.
Risk-Adjusted Performance
BRUSX vs. TQQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Bridgeway Ultra Small Company Fund (BRUSX) 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
BRUSX vs. TQQQ - Dividend Comparison
BRUSX's dividend yield for the trailing twelve months is around 4.93%, more than TQQQ's 1.37% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BRUSX Bridgeway Ultra Small Company Fund | 4.93% | 4.97% | 18.41% | 24.24% | 1.53% | 1.14% | 13.87% | 1.99% | 1.12% | 1.03% | 25.75% | 15.18% |
TQQQ ProShares UltraPro QQQ | 1.37% | 1.26% | 0.57% | 0.00% | 0.00% | 0.06% | 0.11% | 0.00% | 0.00% | 0.01% | 0.03% | 0.00% |
Drawdowns
BRUSX vs. TQQQ - Drawdown Comparison
The maximum BRUSX drawdown since its inception was -68.24%, smaller than the maximum TQQQ drawdown of -81.66%. Use the drawdown chart below to compare losses from any high point for BRUSX and TQQQ. For additional features, visit the drawdowns tool.
Volatility
BRUSX vs. TQQQ - Volatility Comparison
The current volatility for Bridgeway Ultra Small Company Fund (BRUSX) is 5.99%, while ProShares UltraPro QQQ (TQQQ) has a volatility of 16.36%. This indicates that BRUSX 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.