CRWD vs. PSQ
CRWD (CrowdStrike Holdings, Inc.) is a stock, while PSQ (ProShares Short QQQ) is Inverse Equities fund tracking the NASDAQ-100 Index (-100%). Over the past 5 years, CRWD returned 24.66%/yr vs -11.74%/yr for PSQ. Their -0.55 correlation means they have often moved in opposite directions in the past.
Performance
CRWD vs. PSQ - Performance Comparison
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Returns By Period
In the year-to-date period, CRWD achieves a 62.86% return, which is significantly higher than PSQ's -9.94% return.
CRWD
- 1D
- 3.05%
- 1M
- -1.20%
- 6M
- 72.96%
- YTD
- 62.86%
- 1Y
- 67.95%
- 3Y*
- 66.31%
- 5Y*
- 24.66%
- 10Y*
- —
- ALL TIME*
- 41.70%
PSQ
- 1D
- -0.59%
- 1M
- 5.59%
- 6M
- -9.19%
- YTD
- -9.94%
- 1Y
- -15.69%
- 3Y*
- -15.05%
- 5Y*
- -11.74%
- 10Y*
- -18.20%
- ALL TIME*
- -16.38%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.40B | $1.60B | $2.05B | |
| $270.27M | $217.80M | $219.49M |
CRWD vs. PSQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
CRWD CrowdStrike Holdings, Inc. | 62.86% | 37.00% | 34.01% | 142.49% | -48.58% | -3.34% | 324.74% | -21.46% |
PSQ ProShares Short QQQ | -9.94% | -15.51% | -15.68% | -32.01% | 36.40% | -24.84% | -41.23% | -13.95% |
Correlation
The correlation between CRWD and PSQ is -0.49, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.49 |
Correlation (3Y) Balances recent behavior with more history. | -0.58 |
Correlation (5Y) Shows whether the relationship held over a longer period. | -0.61 |
Correlation (All Time) Calculated using the full available price history since Jun 12, 2019 | -0.55 |
The correlation between CRWD and PSQ shifts across timeframes, from -0.61 (5 years) to -0.49 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
CRWD vs. PSQ — Risk / Return Rank
CRWD
PSQ
CRWD vs. PSQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for CrowdStrike Holdings, Inc. (CRWD) and ProShares Short QQQ (PSQ). 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.
| CRWD | PSQ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.24 | ||
| Sortino ratioReturn per unit of downside risk | +3.16 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 0.88 | +0.38 |
| Calmar ratioReturn relative to maximum drawdown | 1.84 | -0.63 | +2.47 |
| Martin ratioReturn relative to average drawdown | 4.40 | -1.23 | +5.63 |
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Drawdowns
CRWD vs. PSQ - Drawdown Comparison
The maximum CRWD drawdown since its inception was -67.69%, smaller than the maximum PSQ drawdown of -98.26%. Use the drawdown chart below to compare losses from any high point for CRWD and PSQ.
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Drawdown Indicators
| CRWD | PSQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -67.69% | -98.26% | +30.57% |
Max Drawdown (1Y)Largest decline over 1 year | -37.18% | -24.83% | -12.35% |
Max Drawdown (3Y)Largest decline over 3 years | -44.44% | -49.65% | +5.21% |
Max Drawdown (5Y)Largest decline over 5 years | -67.69% | -60.91% | -6.78% |
Max Drawdown (10Y)Largest decline over 10 years | — | -87.66% | — |
Current DrawdownCurrent decline from peak | -9.43% | -98.12% | +88.69% |
Average DrawdownAverage peak-to-trough decline | -23.33% | -74.15% | +50.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.49% | 12.73% | +2.76% |
Volatility
CRWD vs. PSQ - Volatility Comparison
CrowdStrike Holdings, Inc. (CRWD) has a higher volatility of 16.39% compared to ProShares Short QQQ (PSQ) at 6.96%. This indicates that CRWD's price experiences larger fluctuations and is considered to be riskier than PSQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CRWD | PSQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.39% | 6.96% | +9.43% |
Volatility (6M)Calculated over the trailing 6-month period | 39.70% | 16.03% | +23.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 47.78% | 19.38% | +28.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 51.09% | 22.93% | +28.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 55.97% | 22.46% | +33.51% |
Dividends
CRWD vs. PSQ - Dividend Comparison
CRWD has not paid dividends to shareholders, while PSQ's dividend yield for the trailing twelve months is around 4.26%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
CRWD CrowdStrike Holdings, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PSQ ProShares Short QQQ | 4.26% | 4.97% | 7.15% | 6.01% | 0.35% | 0.00% | 0.31% | 1.75% | 0.95% | 0.02% |
Frequently Asked Questions
CRWD and PSQ have a correlation of -0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CRWD has higher volatility (16.39%) compared to PSQ (6.96%). In terms of maximum drawdown, CRWD dropped -67.69% vs PSQ's -98.26%.
CRWD currently has the higher Sharpe Ratio (1.43 vs -0.81), 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.
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