DSCSY vs. TQQQ

Last updated Jul 11, 2026

DSCSY (Disco Corp ADR) is a stock, while TQQQ (ProShares UltraPro QQQ) is Leveraged Equities fund tracking the NASDAQ-100 Index (300%). Over the past 10 years, DSCSY returned 31.65%/yr vs 43.22%/yr for TQQQ. At a 0.34 correlation, their price movements are largely independent.

Performance

DSCSY vs. TQQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Disco Corp ADR (DSCSY) and ProShares UltraPro QQQ (TQQQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with DSCSY having a 49.11% return and TQQQ slightly lower at 46.69%. Over the past 10 years, DSCSY has underperformed TQQQ with an annualized return of 31.65%, while TQQQ has yielded a comparatively higher 43.22% annualized return.

DSCSY

• 1D: -0.02%
• 1M: -10.45%
• 6M: 25.02%
• YTD: 49.11%
• 1Y: 55.12%
• 3Y*: 40.68%
• 5Y*: 35.65%
• 10Y*: 31.65%

TQQQ

• 1D: 0.90%
• 1M: -0.40%
• 6M: 38.69%
• YTD: 46.69%
• 1Y: 85.21%
• 3Y*: 57.92%
• 5Y*: 20.15%
• 10Y*: 43.22%

*Multi-year figures are annualized to reflect compound growth (CAGR)

DSCSY vs. TQQQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DSCSY Disco Corp ADR	49.11%	15.73%	7.83%	161.17%	-8.34%	-10.16%	44.77%	107.40%	-49.55%	94.84%
TQQQ ProShares UltraPro QQQ	46.69%	34.35%	58.27%	198.04%	-79.09%	82.98%	110.05%	133.84%	-19.79%	118.06%

Correlation

The correlation between DSCSY and TQQQ is 0.56, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.56
Correlation (3Y) Calculated over the trailing 3-year period	0.49
Correlation (5Y) Calculated over the trailing 5-year period	0.47
Correlation (10Y) Calculated over the trailing 10-year period	0.34
Correlation (All Time) Calculated using the full available price history since May 9, 2016	0.34

Over the past year, DSCSY and TQQQ have become more correlated (0.56) than their long-term average of 0.34, meaning their price movements have been converging.

Return for Risk

DSCSY vs. TQQQ — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DSCSY

DSCSY Risk / Return Rank: 73
DSCSY Sharpe Ratio Rank: 74
DSCSY Sortino Ratio Rank: 71
DSCSY Omega Ratio Rank: 68
DSCSY Calmar Ratio Rank: 79
DSCSY Martin Ratio Rank: 76

TQQQ

TQQQ Risk / Return Rank: 53
TQQQ Sharpe Ratio Rank: 57
TQQQ Sortino Ratio Rank: 50
TQQQ Omega Ratio Rank: 51
TQQQ Calmar Ratio Rank: 57
TQQQ Martin Ratio Rank: 52

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.

DSCSY vs. TQQQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Disco Corp ADR (DSCSY) 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.

	DSCSY	TQQQ	Difference
Sharpe ratio: Return per unit of total volatility	0.90	1.54	-0.63
Sortino ratio: Return per unit of downside risk	1.53	2.00	-0.47
Omega ratio: Gain probability vs. loss probability	1.18	1.26	-0.08
Calmar ratio: Return relative to maximum drawdown	2.07	2.28	-0.21
Martin ratio: Return relative to average drawdown	4.02	7.02	-3.01

DSCSY vs. TQQQ - Sharpe Ratio Comparison

The current DSCSY Sharpe Ratio is 0.90, which is lower than the TQQQ Sharpe Ratio of 1.54. The chart below compares the historical Sharpe Ratios of DSCSY 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.

Drawdowns

DSCSY vs. TQQQ - Drawdown Comparison

The maximum DSCSY drawdown since its inception was -59.21%, smaller than the maximum TQQQ drawdown of -81.66%. Use the drawdown chart below to compare losses from any high point for DSCSY and TQQQ.

Drawdown Indicators

	DSCSY	TQQQ	Difference
Max Drawdown Largest peak-to-trough decline	-59.21%	-81.66%	+22.45%
Max Drawdown (1Y) Largest decline over 1 year	-26.25%	-36.97%	+10.72%
Max Drawdown (3Y) Largest decline over 3 years	-59.21%	-58.04%	-1.17%
Max Drawdown (5Y) Largest decline over 5 years	-59.21%	-81.66%	+22.45%
Max Drawdown (10Y) Largest decline over 10 years	-59.21%	-81.66%	+22.45%
Current Drawdown Current decline from peak	-18.00%	-11.48%	-6.52%
Average Drawdown Average peak-to-trough decline	-19.04%	-18.48%	-0.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.47%	11.97%	+1.50%

Volatility

DSCSY vs. TQQQ - Volatility Comparison

Disco Corp ADR (DSCSY) has a higher volatility of 28.50% compared to ProShares UltraPro QQQ (TQQQ) at 25.52%. This indicates that DSCSY's price experiences larger fluctuations and is considered to be riskier than TQQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DSCSY	TQQQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	28.50%	25.52%	+2.98%
Volatility (6M) Calculated over the trailing 6-month period	47.62%	45.43%	+2.19%
Volatility (1Y) Calculated over the trailing 1-year period	59.98%	54.89%	+5.09%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	49.32%	67.67%	-18.35%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	44.06%	66.35%	-22.29%

Dividends

DSCSY vs. TQQQ - Dividend Comparison

DSCSY has not paid dividends to shareholders, while TQQQ's dividend yield for the trailing twelve months is around 0.49%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DSCSY Disco Corp ADR	0.00%	0.65%	0.31%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	1.14%	0.61%	0.00%
TQQQ ProShares UltraPro QQQ	0.49%	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

Can I hold both DSCSY and TQQQ in my portfolio?

DSCSY and TQQQ have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DSCSY or TQQQ?

DSCSY has higher volatility (28.50%) compared to TQQQ (25.52%). In terms of maximum drawdown, DSCSY dropped -59.21% vs TQQQ's -81.66%.

Which has better risk-adjusted returns?

TQQQ currently has the higher Sharpe Ratio (1.53 vs 0.90), 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.