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DDOG vs. PSQ
Performance
Return for Risk
Drawdowns
Volatility
Dividends

DDOG vs. PSQ

Last updated Jun 9, 2026

DDOG (Datadog, Inc.) is a stock, while PSQ (ProShares Short QQQ) is Inverse Equities fund tracking the NASDAQ-100 Index (-100%). Over the past 5 years, DDOG returned 20.36%/yr vs -13.88%/yr for PSQ. At a correlation of -0.57, they often move in opposite directions.

Performance

DDOG vs. PSQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Datadog, Inc. (DDOG) and ProShares Short QQQ (PSQ). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, DDOG achieves a 70.37% return, which is significantly higher than PSQ's -13.33% return.

DDOG

1D
-1.04%
1M
15.75%
YTD
70.37%
6M
50.17%
1Y
89.65%
3Y*
34.31%
5Y*
20.36%
10Y*
—

PSQ

1D
-1.51%
1M
-0.61%
YTD
-13.33%
6M
-11.75%
1Y
-23.25%
3Y*
-18.03%
5Y*
-13.88%
10Y*
-19.02%
*Multi-year figures are annualized to reflect compound growth (CAGR)

DDOG vs. PSQ - Yearly Performance Comparison

2026 (YTD)2025202420232022202120202019
DDOG
Datadog, Inc.		70.37%-4.83%17.72%65.14%-58.73%80.93%160.56%0.61%
PSQ
ProShares Short QQQ		-13.33%-15.51%-15.68%-32.01%36.40%-24.84%-41.23%-9.40%

Correlation

The correlation between DDOG and PSQ is -0.43, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

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

-0.43

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

-0.52

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

-0.60

Correlation (All Time)
Calculated using the full available price history since Sep 20, 2019

-0.57

The correlation between DDOG and PSQ shifts across timeframes, from -0.60 (5 years) to -0.43 (1 year), reflecting how their relationship changes across market environments.

Compare stocks, funds, or ETFs

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Datadog, Inc.

ProShares Short QQQ

Often compared with DDOG:
DDOG vs. SNOWDDOG vs. CRWDDDOG vs. MDBDDOG vs. NETDDOG vs. ESTCDDOG vs. ZSDDOG vs. SPY
Often compared with PSQ:
PSQ vs. SQQQPSQ vs. QQQPSQ vs. QIDPSQ vs. SPXUPSQ vs. TQQQPSQ vs. DOGPSQ vs. QLD

Return for Risk

DDOG vs. PSQ — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
DDOG
DDOG Risk / Return Rank: 7878
Overall Rank
DDOG Sharpe Ratio Rank: 8080
Sharpe Ratio Rank
DDOG Sortino Ratio Rank: 8383
Sortino Ratio Rank
DDOG Omega Ratio Rank: 8181
Omega Ratio Rank
DDOG Calmar Ratio Rank: 7474
Calmar Ratio Rank
DDOG Martin Ratio Rank: 7171
Martin Ratio Rank
PSQ
PSQ Risk / Return Rank: 11
Overall Rank
PSQ Sharpe Ratio Rank: 00
Sharpe Ratio Rank
PSQ Sortino Ratio Rank: 00
Sortino Ratio Rank
PSQ Omega Ratio Rank: 11
Omega Ratio Rank
PSQ Calmar Ratio Rank: 11
Calmar Ratio Rank
PSQ Martin Ratio Rank: 00
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.

DDOG vs. PSQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Datadog, Inc. (DDOG) 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.

DDOGPSQDifference
Sharpe ratioReturn per unit of total volatility
1.38
-1.39

+2.77

Sortino ratioReturn per unit of downside risk
2.47
-2.10

+4.57

Omega ratioGain probability vs. loss probability

1.30

0.78

+0.52

Calmar ratioReturn relative to maximum drawdown

1.85

-0.87

+2.72

Martin ratioReturn relative to average drawdown

3.63

-1.84

+5.48

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DDOG vs. PSQ - Sharpe Ratio Comparison

The current DDOG Sharpe Ratio is 1.38, which is higher than the PSQ Sharpe Ratio of -1.39. The chart below compares the historical Sharpe Ratios of DDOG and PSQ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

DDOGPSQDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.38

-1.39

+2.77

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.35

-0.62

+0.97

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

-0.86

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.52

-0.76

+1.28

Drawdowns

DDOG vs. PSQ - Drawdown Comparison

The maximum DDOG drawdown since its inception was -68.11%, smaller than the maximum PSQ drawdown of -98.26%. Use the drawdown chart below to compare losses from any high point for DDOG and PSQ.

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Drawdown Indicators

DDOGPSQDifference

Max Drawdown

Largest peak-to-trough decline

-68.11%

-98.26%

+30.15%

Max Drawdown (1Y)

Largest decline over 1 year

-48.62%

-26.86%

-21.76%

Max Drawdown (3Y)

Largest decline over 3 years

-48.62%

-49.65%

+1.03%

Max Drawdown (5Y)

Largest decline over 5 years

-68.11%

-60.91%

-7.20%

Max Drawdown (10Y)

Largest decline over 10 years

—

-88.98%

—

Current Drawdown

Current decline from peak

-16.51%

-98.19%

+81.68%

Average Drawdown

Average peak-to-trough decline

-30.87%

-73.99%

+43.12%

Ulcer Index

Depth and duration of drawdowns from previous peaks

24.77%

12.63%

+12.14%

Volatility

DDOG vs. PSQ - Volatility Comparison

Datadog, Inc. (DDOG) has a higher volatility of 19.53% compared to ProShares Short QQQ (PSQ) at 6.66%. This indicates that DDOG'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

DDOGPSQDifference

Volatility (1M)

Calculated over the trailing 1-month period

19.53%

6.66%

+12.87%

Volatility (6M)

Calculated over the trailing 6-month period

50.44%

13.15%

+37.29%

Volatility (1Y)

Calculated over the trailing 1-year period

65.67%

16.80%

+48.87%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

58.25%

22.53%

+35.72%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

60.06%

22.31%

+37.75%

Dividends

DDOG vs. PSQ - Dividend Comparison

DDOG has not paid dividends to shareholders, while PSQ's dividend yield for the trailing twelve months is around 5.05%.

PositionTTM202520242023202220212020201920182017
DDOG
Datadog, 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		5.05%4.97%7.15%6.01%0.35%0.00%0.31%1.75%0.95%0.02%

Frequently Asked Questions

DDOG and PSQ have a correlation of -0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

DDOG has higher volatility (19.53%) compared to PSQ (6.66%). In terms of maximum drawdown, DDOG dropped -68.11% vs PSQ's -98.26%.

DDOG currently has the higher Sharpe Ratio (1.38 vs -1.39), 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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