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EBAY vs. TQQQ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


EBAYTQQQ
YTD Return43.12%63.76%
1Y Return62.19%106.42%
3Y Return (Ann)-4.08%0.86%
5Y Return (Ann)13.95%35.83%
10Y Return (Ann)11.50%35.69%
Sharpe Ratio2.282.03
Sortino Ratio2.952.40
Omega Ratio1.391.33
Calmar Ratio1.151.95
Martin Ratio17.658.43
Ulcer Index3.27%12.40%
Daily Std Dev25.26%51.63%
Max Drawdown-82.56%-81.66%
Current Drawdown-19.02%-4.17%

Correlation

-0.50.00.51.00.6

The correlation between EBAY and TQQQ is 0.58, 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

EBAY vs. TQQQ - Performance Comparison

In the year-to-date period, EBAY achieves a 43.12% return, which is significantly lower than TQQQ's 63.76% return. Over the past 10 years, EBAY has underperformed TQQQ with an annualized return of 11.50%, while TQQQ has yielded a comparatively higher 35.69% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-20.00%-10.00%0.00%10.00%20.00%30.00%JuneJulyAugustSeptemberOctoberNovember
18.47%
30.34%
EBAY
TQQQ

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Risk-Adjusted Performance

EBAY vs. TQQQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for eBay Inc. (EBAY) 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.


EBAY
Sharpe ratio
The chart of Sharpe ratio for EBAY, currently valued at 2.28, compared to the broader market-4.00-2.000.002.004.002.28
Sortino ratio
The chart of Sortino ratio for EBAY, currently valued at 2.95, compared to the broader market-4.00-2.000.002.004.006.002.95
Omega ratio
The chart of Omega ratio for EBAY, currently valued at 1.39, compared to the broader market0.501.001.502.001.39
Calmar ratio
The chart of Calmar ratio for EBAY, currently valued at 1.15, compared to the broader market0.002.004.006.001.15
Martin ratio
The chart of Martin ratio for EBAY, currently valued at 17.65, compared to the broader market0.0010.0020.0030.0017.65
TQQQ
Sharpe ratio
The chart of Sharpe ratio for TQQQ, currently valued at 2.03, compared to the broader market-4.00-2.000.002.004.002.03
Sortino ratio
The chart of Sortino ratio for TQQQ, currently valued at 2.40, compared to the broader market-4.00-2.000.002.004.006.002.40
Omega ratio
The chart of Omega ratio for TQQQ, currently valued at 1.33, compared to the broader market0.501.001.502.001.33
Calmar ratio
The chart of Calmar ratio for TQQQ, currently valued at 1.95, compared to the broader market0.002.004.006.001.95
Martin ratio
The chart of Martin ratio for TQQQ, currently valued at 8.43, compared to the broader market0.0010.0020.0030.008.43

EBAY vs. TQQQ - Sharpe Ratio Comparison

The current EBAY Sharpe Ratio is 2.28, which is comparable to the TQQQ Sharpe Ratio of 2.03. The chart below compares the historical Sharpe Ratios of EBAY and TQQQ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.501.001.502.002.503.00JuneJulyAugustSeptemberOctoberNovember
2.28
2.03
EBAY
TQQQ

Dividends

EBAY vs. TQQQ - Dividend Comparison

EBAY's dividend yield for the trailing twelve months is around 1.72%, more than TQQQ's 1.16% yield.


TTM2023202220212020201920182017201620152014
EBAY
eBay Inc.
1.72%2.29%2.12%1.08%1.27%1.55%0.00%0.00%0.00%0.00%0.00%
TQQQ
ProShares UltraPro QQQ
1.16%1.26%0.57%0.00%0.00%0.06%0.11%0.00%0.00%0.01%0.03%

Drawdowns

EBAY vs. TQQQ - Drawdown Comparison

The maximum EBAY drawdown since its inception was -82.56%, roughly equal to the maximum TQQQ drawdown of -81.66%. Use the drawdown chart below to compare losses from any high point for EBAY and TQQQ. For additional features, visit the drawdowns tool.


-40.00%-30.00%-20.00%-10.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-19.02%
-4.17%
EBAY
TQQQ

Volatility

EBAY vs. TQQQ - Volatility Comparison

The current volatility for eBay Inc. (EBAY) is 10.45%, while ProShares UltraPro QQQ (TQQQ) has a volatility of 15.36%. This indicates that EBAY 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.


5.00%10.00%15.00%20.00%25.00%JuneJulyAugustSeptemberOctoberNovember
10.45%
15.36%
EBAY
TQQQ