CEG vs. QLD
CEG (Constellation Energy Corp) is a stock, while QLD (ProShares Ultra QQQ) is Leveraged Equities fund tracking the NASDAQ-100 Index (200%). Over the past 3 years, CEG returned 38.87%/yr vs 37.92%/yr for QLD. At a 0.43 correlation, their price movements are largely independent.
Performance
CEG vs. QLD - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CEG achieves a -28.03% return, which is significantly lower than QLD's 22.29% return.
CEG
- 1D
- 0.44%
- 1M
- -7.50%
- 6M
- -17.38%
- YTD
- -28.03%
- 1Y
- -20.72%
- 3Y*
- 38.87%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 45.07%
QLD
- 1D
- 0.14%
- 1M
- -12.08%
- 6M
- 20.01%
- YTD
- 22.29%
- 1Y
- 41.98%
- 3Y*
- 37.92%
- 5Y*
- 18.50%
- 10Y*
- 33.23%
- ALL TIME*
- 24.89%
CEG vs. QLD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
CEG Constellation Energy Corp | -28.03% | 58.80% | 92.71% | 37.24% | 73.87% |
QLD ProShares Ultra QQQ | 22.29% | 30.36% | 42.82% | 117.72% | -52.88% |
Correlation
The correlation between CEG and QLD is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.40 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.45 |
Correlation (All Time) Calculated using the full available price history since Feb 2, 2022 | 0.43 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
CEG vs. QLD — Risk / Return Rank
CEG
QLD
CEG vs. QLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Constellation Energy Corp (CEG) and ProShares Ultra QQQ (QLD). 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.
| CEG | QLD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.58 | ||
| Sortino ratioReturn per unit of downside risk | -1.98 | ||
| Omega ratioGain probability vs. loss probability | 0.96 | 1.21 | -0.25 |
| Calmar ratioReturn relative to maximum drawdown | -0.50 | 1.68 | -2.18 |
| Martin ratioReturn relative to average drawdown | -0.93 | 5.37 | -6.30 |
Loading charts...
Drawdowns
CEG vs. QLD - Drawdown Comparison
The maximum CEG drawdown since its inception was -50.70%, smaller than the maximum QLD drawdown of -83.13%. Use the drawdown chart below to compare losses from any high point for CEG and QLD.
Loading charts...
Drawdown Indicators
| CEG | QLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.70% | -83.13% | +32.43% |
Max Drawdown (1Y)Largest decline over 1 year | -41.22% | -25.13% | -16.09% |
Max Drawdown (3Y)Largest decline over 3 years | -50.70% | -42.29% | -8.41% |
Max Drawdown (5Y)Largest decline over 5 years | — | -63.68% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -63.68% | — |
Current DrawdownCurrent decline from peak | -36.99% | -14.37% | -22.62% |
Average DrawdownAverage peak-to-trough decline | -12.19% | -18.11% | +5.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 22.36% | 7.84% | +14.52% |
Volatility
CEG vs. QLD - Volatility Comparison
The current volatility for Constellation Energy Corp (CEG) is 10.11%, while ProShares Ultra QQQ (QLD) has a volatility of 14.75%. This indicates that CEG experiences smaller price fluctuations and is considered to be less risky than QLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CEG | QLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.11% | 14.75% | -4.64% |
Volatility (6M)Calculated over the trailing 6-month period | 35.36% | 30.94% | +4.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 46.62% | 37.40% | +9.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 49.11% | 45.59% | +3.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 49.11% | 44.88% | +4.23% |
Dividends
CEG vs. QLD - Dividend Comparison
CEG's dividend yield for the trailing twelve months is around 0.64%, more than QLD's 0.14% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CEG Constellation Energy Corp | 0.64% | 0.44% | 0.63% | 0.97% | 0.65% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QLD ProShares Ultra QQQ | 0.14% | 0.17% | 0.25% | 0.33% | 0.31% | 0.00% | 0.00% | 0.13% | 0.06% | 0.02% | 0.21% | 0.11% |
Frequently Asked Questions
CEG and QLD have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
QLD has higher volatility (14.75%) compared to CEG (10.11%). In terms of maximum drawdown, CEG dropped -50.70% vs QLD's -83.13%.
QLD currently has the higher Sharpe Ratio (1.13 vs -0.45), 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.
Find the right allocation for CEG and QLD
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer