DNUT vs. TQQQ
DNUT (Krispy Kreme, Inc.) is a stock, while TQQQ (ProShares UltraPro QQQ) is Leveraged Equities fund tracking the NASDAQ-100 Index (300%). Over the past 3 years, DNUT returned -37.12%/yr vs 58.02%/yr for TQQQ. At a 0.28 correlation, their price movements are largely independent.
Performance
DNUT vs. TQQQ - Performance Comparison
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Returns By Period
In the year-to-date period, DNUT achieves a -14.18% return, which is significantly lower than TQQQ's 41.43% return.
DNUT
- 1D
- -1.43%
- 1M
- 5.50%
- YTD
- -14.18%
- 6M
- -17.66%
- 1Y
- 31.68%
- 3Y*
- -37.12%
- 5Y*
- —
- 10Y*
- —
TQQQ
- 1D
- -9.86%
- 1M
- -4.37%
- YTD
- 41.43%
- 6M
- 35.75%
- 1Y
- 100.69%
- 3Y*
- 58.02%
- 5Y*
- 21.47%
- 10Y*
- 45.48%
DNUT vs. TQQQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
DNUT Krispy Kreme, Inc. | -14.18% | -59.02% | -33.44% | 47.72% | -44.93% | 16.39% |
TQQQ ProShares UltraPro QQQ | 41.43% | 34.35% | 58.27% | 198.04% | -79.09% | 35.78% |
Correlation
The correlation between DNUT and TQQQ is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.17 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.20 |
Correlation (All Time) Calculated using the full available price history since Jul 1, 2021 | 0.28 |
The correlation between DNUT and TQQQ shifts across timeframes, from 0.17 (1 year) to 0.28 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
DNUT vs. TQQQ — Risk / Return Rank
DNUT
TQQQ
DNUT vs. TQQQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Krispy Kreme, Inc. (DNUT) 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.
| DNUT | TQQQ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.46 | ||
| Sortino ratioReturn per unit of downside risk | -0.98 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 1.30 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | 0.84 | 2.74 | -1.90 |
| Martin ratioReturn relative to average drawdown | 1.46 | 8.72 | -7.26 |
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Drawdowns
DNUT vs. TQQQ - Drawdown Comparison
The maximum DNUT drawdown since its inception was -87.18%, which is greater than TQQQ's maximum drawdown of -81.66%. Use the drawdown chart below to compare losses from any high point for DNUT and TQQQ.
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Drawdown Indicators
| DNUT | TQQQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.18% | -81.66% | -5.52% |
Max Drawdown (1Y)Largest decline over 1 year | -37.87% | -36.97% | -0.90% |
Max Drawdown (3Y)Largest decline over 3 years | -84.87% | -58.04% | -26.83% |
Max Drawdown (5Y)Largest decline over 5 years | — | -81.66% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -81.66% | — |
Current DrawdownCurrent decline from peak | -82.80% | -14.65% | -68.15% |
Average DrawdownAverage peak-to-trough decline | -47.78% | -18.49% | -29.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 21.77% | 11.59% | +10.18% |
Volatility
DNUT vs. TQQQ - Volatility Comparison
The current volatility for Krispy Kreme, Inc. (DNUT) is 18.32%, while ProShares UltraPro QQQ (TQQQ) has a volatility of 27.27%. This indicates that DNUT 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
| DNUT | TQQQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.32% | 27.27% | -8.95% |
Volatility (6M)Calculated over the trailing 6-month period | 44.97% | 43.35% | +1.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 73.10% | 53.39% | +19.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 59.55% | 67.41% | -7.86% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 59.55% | 66.32% | -6.77% |
Dividends
DNUT vs. TQQQ - Dividend Comparison
DNUT has not paid dividends to shareholders, while TQQQ's dividend yield for the trailing twelve months is around 0.42%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DNUT Krispy Kreme, Inc. | 0.00% | 1.74% | 1.41% | 0.93% | 1.36% | 0.18% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TQQQ ProShares UltraPro QQQ | 0.42% | 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
DNUT and TQQQ have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TQQQ has higher volatility (27.27%) compared to DNUT (18.32%). In terms of maximum drawdown, DNUT dropped -87.18% vs TQQQ's -81.66%.
TQQQ currently has the higher Sharpe Ratio (1.90 vs 0.44), 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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