BTCS vs. TQQQ
Compare and contrast key facts about BTCS Inc. (BTCS) 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: BTCS or TQQQ.
Key characteristics
| BTCS | TQQQ | |
|---|---|---|
| YTD Return | -6.13% | 9.43% |
| 1Y Return | 15.91% | 102.59% |
| 3Y Return (Ann) | -45.10% | 1.10% |
| 5Y Return (Ann) | -24.81% | 27.55% |
| 10Y Return (Ann) | -54.62% | 36.82% |
| Sharpe Ratio | 0.14 | 2.44 |
| Daily Std Dev | 104.92% | 48.74% |
| Max Drawdown | -100.00% | -81.66% |
| Current Drawdown | -100.00% | -35.97% |
Correlation
The correlation between BTCS and TQQQ is 0.11, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
BTCS vs. TQQQ - Performance Comparison
In the year-to-date period, BTCS achieves a -6.13% return, which is significantly lower than TQQQ's 9.43% return. Over the past 10 years, BTCS has underperformed TQQQ with an annualized return of -54.62%, while TQQQ has yielded a comparatively higher 36.82% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
BTCS vs. TQQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BTCS Inc. (BTCS) 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
BTCS vs. TQQQ - Dividend Comparison
BTCS has not paid dividends to shareholders, while TQQQ's dividend yield for the trailing twelve months is around 1.27%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
BTCS BTCS Inc. | 0.00% | 0.00% | 7.94% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TQQQ ProShares UltraPro QQQ | 1.27% | 1.26% | 0.57% | 0.00% | 0.00% | 0.06% | 0.11% | 0.00% | 0.00% | 0.01% | 0.03% |
Drawdowns
BTCS vs. TQQQ - Drawdown Comparison
The maximum BTCS drawdown since its inception was -100.00%, which is greater than TQQQ's maximum drawdown of -81.66%. Use the drawdown chart below to compare losses from any high point for BTCS and TQQQ. For additional features, visit the drawdowns tool.
Volatility
BTCS vs. TQQQ - Volatility Comparison
BTCS Inc. (BTCS) has a higher volatility of 19.50% compared to ProShares UltraPro QQQ (TQQQ) at 15.46%. This indicates that BTCS's price experiences larger fluctuations and is considered to be riskier than TQQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.