ETC-USD vs. TQQQ
Compare and contrast key facts about Ethereum Classic (ETC-USD) 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: ETC-USD or TQQQ.
Correlation
The correlation between ETC-USD and TQQQ is 0.19, 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
ETC-USD vs. TQQQ - Performance Comparison
Key characteristics
ETC-USD:
-0.30
TQQQ:
0.91
ETC-USD:
0.03
TQQQ:
1.43
ETC-USD:
1.00
TQQQ:
1.19
ETC-USD:
0.02
TQQQ:
1.18
ETC-USD:
-0.68
TQQQ:
3.85
ETC-USD:
32.87%
TQQQ:
13.05%
ETC-USD:
64.87%
TQQQ:
55.06%
ETC-USD:
-92.12%
TQQQ:
-81.66%
ETC-USD:
-80.98%
TQQQ:
-11.66%
Returns By Period
In the year-to-date period, ETC-USD achieves a 1.98% return, which is significantly lower than TQQQ's 3.80% return.
ETC-USD
1.98%
0.39%
17.11%
0.67%
17.68%
N/A
TQQQ
3.80%
1.08%
21.09%
48.93%
29.60%
36.68%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
ETC-USD vs. TQQQ — Risk-Adjusted Performance Rank
ETC-USD
TQQQ
ETC-USD vs. TQQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Ethereum Classic (ETC-USD) 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.
Drawdowns
ETC-USD vs. TQQQ - Drawdown Comparison
The maximum ETC-USD drawdown since its inception was -92.12%, which is greater than TQQQ's maximum drawdown of -81.66%. Use the drawdown chart below to compare losses from any high point for ETC-USD and TQQQ. For additional features, visit the drawdowns tool.
Volatility
ETC-USD vs. TQQQ - Volatility Comparison
Ethereum Classic (ETC-USD) has a higher volatility of 22.83% compared to ProShares UltraPro QQQ (TQQQ) at 17.35%. This indicates that ETC-USD'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.