PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
CGY.TO vs. TQQQ
Performance
Return for Risk
Drawdowns
Volatility
Dividends

CGY.TO vs. TQQQ

Last updated Jul 21, 2026
Documentation

CGY.TO (Calian Group Ltd.) is a stock, while TQQQ (ProShares UltraPro QQQ) is Leveraged Equities fund tracking the NASDAQ-100 Index (300%). Over the past 10 years, CGY.TO returned 16.25%/yr vs 41.56%/yr for TQQQ. At a 0.15 correlation, their price movements are largely independent.

Performance

CGY.TO vs. TQQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Calian Group Ltd. (CGY.TO) and ProShares UltraPro QQQ (TQQQ). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Different Trading Currencies

CGY.TO is traded in CAD, while TQQQ is traded in USD. To make them comparable, the TQQQ values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, CGY.TO achieves a 42.37% return, which is significantly higher than TQQQ's 31.88% return. Over the past 10 years, CGY.TO has underperformed TQQQ with an annualized return of 16.25%, while TQQQ has yielded a comparatively higher 41.56% annualized return.

CGY.TO

1D
2.05%
1M
1.33%
6M
29.22%
YTD
42.37%
1Y
58.99%
3Y*
9.09%
5Y*
7.75%
10Y*
16.25%
ALL TIME*
14.73%

TQQQ

1D
0.05%
1M
-18.65%
6M
26.63%
YTD
31.88%
1Y
60.21%
3Y*
51.68%
5Y*
19.39%
10Y*
41.56%
ALL TIME*
45.35%
*Multi-year figures are annualized to reflect compound growth (CAGR)

CGY.TO vs. TQQQ - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
CGY.TO
Calian Group Ltd.		42.37%17.68%-13.77%-12.54%10.48%-5.19%75.46%35.41%-4.85%35.98%
TQQQ
ProShares UltraPro QQQ		31.88%28.22%71.67%190.95%-77.77%82.89%105.07%124.20%-13.04%103.30%

Correlation

The correlation between CGY.TO and TQQQ is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.25

Correlation (3Y)
Calculated over the trailing 3-year period

0.21

Correlation (5Y)
Calculated over the trailing 5-year period

0.22

Correlation (10Y)
Calculated over the trailing 10-year period

0.19

Correlation (All Time)
Calculated using the full available price history since Feb 11, 2010

0.15

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Calian Group Ltd.

ProShares UltraPro QQQ

Often compared with CGY.TO:
CGY.TO vs. CPCGY.TO vs. KITS.TOCGY.TO vs. XAD.TOCGY.TO vs. ZSP.TOCGY.TO vs. XCHP.TOCGY.TO vs. FTG.TOCGY.TO vs. MDA.TO
Often compared with TQQQ:
TQQQ vs. QQQTQQQ vs. SOXLTQQQ vs. QLDTQQQ vs. SQQQTQQQ vs. UPROTQQQ vs. SPXLTQQQ vs. TECL

Return for Risk

CGY.TO vs. TQQQ — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
CGY.TO
CGY.TO Risk / Return Rank: 8585
Overall Rank
CGY.TO Sharpe Ratio Rank: 8484
Sharpe Ratio Rank
CGY.TO Sortino Ratio Rank: 8787
Sortino Ratio Rank
CGY.TO Omega Ratio Rank: 8383
Omega Ratio Rank
CGY.TO Calmar Ratio Rank: 8787
Calmar Ratio Rank
CGY.TO Martin Ratio Rank: 8585
Martin Ratio Rank
TQQQ
TQQQ Risk / Return Rank: 3838
Overall Rank
TQQQ Sharpe Ratio Rank: 3737
Sharpe Ratio Rank
TQQQ Sortino Ratio Rank: 3838
Sortino Ratio Rank
TQQQ Omega Ratio Rank: 3838
Omega Ratio Rank
TQQQ Calmar Ratio Rank: 3939
Calmar Ratio Rank
TQQQ Martin Ratio Rank: 3939
Martin Ratio Rank
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.

CGY.TO vs. TQQQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Calian Group Ltd. (CGY.TO) 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.

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.

CGY.TOTQQQDifference
Sharpe ratioReturn per unit of total volatility
1.42
1.09

+0.34

Sortino ratioReturn per unit of downside risk
2.50
1.62

+0.89

Omega ratioGain probability vs. loss probability

1.29

1.21

+0.08

Calmar ratioReturn relative to maximum drawdown

3.09

1.63

+1.46

Martin ratioReturn relative to average drawdown

7.15

4.79

+2.35

CGY.TO vs. TQQQ - Sharpe Ratio Comparison

The current CGY.TO Sharpe Ratio is 1.42, which is higher than the TQQQ Sharpe Ratio of 1.09. The chart below compares the historical Sharpe Ratios of CGY.TO 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.

Loading charts...

Drawdowns

CGY.TO vs. TQQQ - Drawdown Comparison

The maximum CGY.TO drawdown since its inception was -43.62%, smaller than the maximum TQQQ drawdown of -80.32%. Use the drawdown chart below to compare losses from any high point for CGY.TO and TQQQ.

Loading charts...

Drawdown Indicators

CGY.TOTQQQDifference

Max Drawdown

Largest peak-to-trough decline

-43.62%

-80.32%

+36.70%

Max Drawdown (1Y)

Largest decline over 1 year

-19.20%

-37.15%

+17.95%

Max Drawdown (3Y)

Largest decline over 3 years

-38.99%

-58.00%

+19.01%

Max Drawdown (5Y)

Largest decline over 5 years

-43.62%

-80.32%

+36.70%

Max Drawdown (10Y)

Largest decline over 10 years

-43.62%

-80.32%

+36.70%

Current Drawdown

Current decline from peak

-14.79%

-21.25%

+6.46%

Average Drawdown

Average peak-to-trough decline

-9.52%

-17.72%

+8.20%

Ulcer Index

Depth and duration of drawdowns from previous peaks

8.28%

12.60%

-4.32%

Volatility

CGY.TO vs. TQQQ - Volatility Comparison

The current volatility for Calian Group Ltd. (CGY.TO) is 9.55%, while ProShares UltraPro QQQ (TQQQ) has a volatility of 22.27%. This indicates that CGY.TO 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.

Loading charts...

Volatility by Period

CGY.TOTQQQDifference

Volatility (1M)

Calculated over the trailing 1-month period

9.55%

22.27%

-12.72%

Volatility (6M)

Calculated over the trailing 6-month period

31.20%

46.32%

-15.12%

Volatility (1Y)

Calculated over the trailing 1-year period

41.69%

55.70%

-14.01%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

31.55%

67.87%

-36.32%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

29.20%

66.70%

-37.50%

Dividends

CGY.TO vs. TQQQ - Dividend Comparison

CGY.TO's dividend yield for the trailing twelve months is around 1.43%, more than TQQQ's 0.56% yield.

PositionTTM20252024202320222021202020192018201720162015
CGY.TO
Calian Group Ltd.		1.43%2.02%2.32%1.95%1.68%1.82%1.69%2.91%3.81%3.49%4.57%6.93%
TQQQ
ProShares UltraPro QQQ		0.56%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

CGY.TO and TQQQ have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Portfolio Optimizer

Find the right allocation for CGY.TO and TQQQ

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