ELF vs. TQQQ
Compare and contrast key facts about e.l.f. Beauty, Inc. (ELF) and ProShares UltraPro QQQ (TQQQ).
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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ELF or TQQQ.
Key characteristics
| ELF | TQQQ | |
|---|---|---|
| YTD Return | 12.60% | 4.39% |
| 1Y Return | 75.29% | 89.96% |
| 3Y Return (Ann) | 75.41% | 0.17% |
| 5Y Return (Ann) | 66.42% | 27.46% |
| Sharpe Ratio | 1.37 | 1.84 |
| Daily Std Dev | 54.97% | 48.48% |
| Max Drawdown | -77.00% | -81.66% |
| Current Drawdown | -25.24% | -38.91% |
Correlation
The correlation between ELF and TQQQ is 0.39, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
ELF vs. TQQQ - Performance Comparison
In the year-to-date period, ELF achieves a 12.60% return, which is significantly higher than TQQQ's 4.39% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
ELF vs. TQQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for e.l.f. Beauty, Inc. (ELF) 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.
Dividends
ELF vs. TQQQ - Dividend Comparison
ELF has not paid dividends to shareholders, while TQQQ's dividend yield for the trailing twelve months is around 1.34%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
ELF e.l.f. Beauty, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TQQQ ProShares UltraPro QQQ | 1.34% | 1.26% | 0.57% | 0.00% | 0.00% | 0.06% | 0.11% | 0.00% | 0.00% | 0.01% | 0.03% |
Drawdowns
ELF vs. TQQQ - Drawdown Comparison
The maximum ELF drawdown since its inception was -77.00%, smaller than the maximum TQQQ drawdown of -81.66%. Use the drawdown chart below to compare losses from any high point for ELF and TQQQ. For additional features, visit the drawdowns tool.
Volatility
ELF vs. TQQQ - Volatility Comparison
e.l.f. Beauty, Inc. (ELF) has a higher volatility of 19.93% compared to ProShares UltraPro QQQ (TQQQ) at 16.42%. This indicates that ELF'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.