DWSH vs. SQQQ
Compare and contrast key facts about AdvisorShares Dorsey Wright Short ETF (DWSH) and ProShares UltraPro Short QQQ (SQQQ).
DWSH and SQQQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DWSH is an actively managed fund by AdvisorShares. It was launched on Jul 10, 2018. SQQQ is a passively managed fund by ProShares that tracks the performance of the NASDAQ-100 Index (-300%). It was launched on Feb 9, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DWSH or SQQQ.
Correlation
The correlation between DWSH and SQQQ is 0.56, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
DWSH vs. SQQQ - Performance Comparison
Key characteristics
DWSH:
0.13
SQQQ:
-0.89
DWSH:
0.31
SQQQ:
-1.35
DWSH:
1.04
SQQQ:
0.85
DWSH:
0.03
SQQQ:
-0.48
DWSH:
0.55
SQQQ:
-1.35
DWSH:
4.23%
SQQQ:
35.54%
DWSH:
17.77%
SQQQ:
54.19%
DWSH:
-82.33%
SQQQ:
-100.00%
DWSH:
-81.06%
SQQQ:
-100.00%
Returns By Period
In the year-to-date period, DWSH achieves a -0.71% return, which is significantly lower than SQQQ's 3.60% return.
DWSH
-0.71%
3.24%
5.23%
1.90%
-18.47%
N/A
SQQQ
3.60%
14.55%
-9.38%
-48.06%
-56.83%
-52.40%
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DWSH vs. SQQQ - Expense Ratio Comparison
DWSH has a 3.67% expense ratio, which is higher than SQQQ's 0.95% expense ratio.
Risk-Adjusted Performance
DWSH vs. SQQQ — Risk-Adjusted Performance Rank
DWSH
SQQQ
DWSH vs. SQQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AdvisorShares Dorsey Wright Short ETF (DWSH) and ProShares UltraPro Short QQQ (SQQQ). 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.
Dividends
DWSH vs. SQQQ - Dividend Comparison
DWSH's dividend yield for the trailing twelve months is around 6.22%, less than SQQQ's 9.88% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|
DWSH AdvisorShares Dorsey Wright Short ETF | 6.22% | 6.17% | 10.28% | 0.00% | 0.00% | 0.00% | 0.14% | 0.12% | 0.00% |
SQQQ ProShares UltraPro Short QQQ | 9.88% | 10.23% | 8.01% | 0.28% | 0.00% | 2.15% | 2.92% | 1.47% | 0.14% |
Drawdowns
DWSH vs. SQQQ - Drawdown Comparison
The maximum DWSH drawdown since its inception was -82.33%, smaller than the maximum SQQQ drawdown of -100.00%. Use the drawdown chart below to compare losses from any high point for DWSH and SQQQ. For additional features, visit the drawdowns tool.
Volatility
DWSH vs. SQQQ - Volatility Comparison
The current volatility for AdvisorShares Dorsey Wright Short ETF (DWSH) is 4.65%, while ProShares UltraPro Short QQQ (SQQQ) has a volatility of 17.34%. This indicates that DWSH experiences smaller price fluctuations and is considered to be less risky than SQQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.