DNLDX vs. TQQQ
Compare and contrast key facts about BNY Mellon Active MidCap Fund (DNLDX) and ProShares UltraPro QQQ (TQQQ).
DNLDX is managed by BNY Mellon. It was launched on Jan 29, 1985. 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.
Performance
DNLDX vs. TQQQ - Performance Comparison
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DNLDX vs. TQQQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DNLDX BNY Mellon Active MidCap Fund | -1.64% | 9.79% | 22.27% | 16.99% | -14.34% | 26.49% | 9.29% | 16.82% | -14.46% | 16.64% |
TQQQ ProShares UltraPro QQQ | -20.81% | 34.35% | 58.27% | 198.04% | -79.09% | 82.98% | 110.05% | 133.84% | -19.79% | 118.06% |
Returns By Period
In the year-to-date period, DNLDX achieves a -1.64% return, which is significantly higher than TQQQ's -20.81% return. Over the past 10 years, DNLDX has underperformed TQQQ with an annualized return of 8.68%, while TQQQ has yielded a comparatively higher 34.82% annualized return.
DNLDX
- 1D
- -0.69%
- 1M
- -6.75%
- YTD
- -1.64%
- 6M
- -0.76%
- 1Y
- 14.18%
- 3Y*
- 13.91%
- 5Y*
- 8.93%
- 10Y*
- 8.68%
TQQQ
- 1D
- 10.00%
- 1M
- -15.69%
- YTD
- -20.81%
- 6M
- -19.12%
- 1Y
- 46.49%
- 3Y*
- 45.09%
- 5Y*
- 12.72%
- 10Y*
- 34.82%
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DNLDX vs. TQQQ - Expense Ratio Comparison
DNLDX has a 1.00% expense ratio, which is higher than TQQQ's 0.95% expense ratio.
Return for Risk
DNLDX vs. TQQQ — Risk / Return Rank
DNLDX
TQQQ
DNLDX vs. TQQQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BNY Mellon Active MidCap Fund (DNLDX) 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.
| DNLDX | TQQQ | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.78 | 0.69 | +0.09 |
Sortino ratioReturn per unit of downside risk | 1.22 | 1.37 | -0.15 |
Omega ratioGain probability vs. loss probability | 1.17 | 1.19 | -0.02 |
Calmar ratioReturn relative to maximum drawdown | 0.79 | 1.25 | -0.46 |
Martin ratioReturn relative to average drawdown | 3.86 | 3.87 | -0.01 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| DNLDX | TQQQ | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.78 | 0.69 | +0.09 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.49 | 0.19 | +0.29 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.45 | 0.53 | -0.08 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.53 | 0.64 | -0.11 |
Correlation
The correlation between DNLDX and TQQQ is 0.78, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
DNLDX vs. TQQQ - Dividend Comparison
DNLDX's dividend yield for the trailing twelve months is around 15.27%, more than TQQQ's 0.76% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DNLDX BNY Mellon Active MidCap Fund | 15.27% | 14.15% | 15.24% | 1.69% | 8.82% | 17.74% | 2.77% | 2.65% | 11.14% | 11.32% | 1.00% | 3.12% |
TQQQ ProShares UltraPro QQQ | 0.76% | 0.65% | 1.27% | 1.26% | 0.57% | 0.00% | 0.00% | 0.06% | 0.11% | 0.00% | 0.00% | 0.01% |
Drawdowns
DNLDX vs. TQQQ - Drawdown Comparison
The maximum DNLDX drawdown since its inception was -63.69%, smaller than the maximum TQQQ drawdown of -81.66%. Use the drawdown chart below to compare losses from any high point for DNLDX and TQQQ.
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Drawdown Indicators
| DNLDX | TQQQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.69% | -81.66% | +17.97% |
Max Drawdown (1Y)Largest decline over 1 year | -13.37% | -36.97% | +23.60% |
Max Drawdown (5Y)Largest decline over 5 years | -23.42% | -81.66% | +58.24% |
Max Drawdown (10Y)Largest decline over 10 years | -42.23% | -81.66% | +39.43% |
Current DrawdownCurrent decline from peak | -7.29% | -30.66% | +23.37% |
Average DrawdownAverage peak-to-trough decline | -9.67% | -18.66% | +8.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.74% | 12.00% | -9.26% |
Volatility
DNLDX vs. TQQQ - Volatility Comparison
The current volatility for BNY Mellon Active MidCap Fund (DNLDX) is 4.43%, while ProShares UltraPro QQQ (TQQQ) has a volatility of 19.43%. This indicates that DNLDX 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.
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Volatility by Period
| DNLDX | TQQQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.43% | 19.43% | -15.00% |
Volatility (6M)Calculated over the trailing 6-month period | 9.81% | 38.32% | -28.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.89% | 67.26% | -48.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.48% | 66.55% | -48.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.49% | 65.83% | -46.34% |