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FOXA vs. TQQQ
Performance
Return for Risk
Drawdowns
Volatility
Dividends

FOXA vs. TQQQ

Last updated Jun 4, 2026

FOXA (Fox Corporation) is a stock, while TQQQ (ProShares UltraPro QQQ) is Leveraged Equities fund tracking the NASDAQ-100 Index (300%). Over the past 5 years, FOXA returned 13.01%/yr vs 28.37%/yr for TQQQ. At a 0.32 correlation, their price movements are largely independent.

Performance

FOXA vs. TQQQ - Performance Comparison

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

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Returns By Period

In the year-to-date period, FOXA achieves a -11.60% return, which is significantly lower than TQQQ's 64.46% return.

FOXA

1D
-2.15%
1M
3.08%
YTD
-11.60%
6M
-2.79%
1Y
17.41%
3Y*
27.95%
5Y*
13.01%
10Y*
—

TQQQ

1D
-0.76%
1M
33.35%
YTD
64.46%
6M
55.93%
1Y
137.89%
3Y*
69.49%
5Y*
28.37%
10Y*
45.33%
*Multi-year figures are annualized to reflect compound growth (CAGR)

FOXA vs. TQQQ - Yearly Performance Comparison

2026 (YTD)2025202420232022202120202019
FOXA
Fox Corporation		-11.60%51.83%66.31%-0.83%-16.61%28.24%-20.22%-1.15%
TQQQ
ProShares UltraPro QQQ		64.46%34.35%58.27%198.04%-79.09%82.98%110.05%63.20%

Correlation

The correlation between FOXA and TQQQ is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.16

Correlation (3Y)
Calculated over the trailing 3-year period

0.20

Correlation (5Y)
Calculated over the trailing 5-year period

0.33

Correlation (All Time)
Calculated using the full available price history since Mar 13, 2019

0.32

The correlation between FOXA and TQQQ shifts across timeframes, from 0.16 (1 year) to 0.33 (5 years), reflecting how their relationship changes across market environments.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Fox Corporation

ProShares UltraPro QQQ

Often compared with FOXA:
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Often compared with TQQQ:
TQQQ vs. QQQTQQQ vs. SOXLTQQQ vs. QLDTQQQ vs. SQQQTQQQ vs. SPXLTQQQ vs. UPROTQQQ vs. TECL

Return for Risk

FOXA vs. TQQQ — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
FOXA
FOXA Risk / Return Rank: 5555
Overall Rank
FOXA Sharpe Ratio Rank: 6161
Sharpe Ratio Rank
FOXA Sortino Ratio Rank: 5454
Sortino Ratio Rank
FOXA Omega Ratio Rank: 5353
Omega Ratio Rank
FOXA Calmar Ratio Rank: 5454
Calmar Ratio Rank
FOXA Martin Ratio Rank: 5555
Martin Ratio Rank
TQQQ
TQQQ Risk / Return Rank: 7171
Overall Rank
TQQQ Sharpe Ratio Rank: 8686
Sharpe Ratio Rank
TQQQ Sortino Ratio Rank: 6565
Sortino Ratio Rank
TQQQ Omega Ratio Rank: 6565
Omega Ratio Rank
TQQQ Calmar Ratio Rank: 7373
Calmar Ratio Rank
TQQQ Martin Ratio Rank: 6666
Martin Ratio Rank
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.

FOXA vs. TQQQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fox Corporation (FOXA) 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.

FOXATQQQDifference
Sharpe ratioReturn per unit of total volatility
0.62
2.92

-2.30

Sortino ratioReturn per unit of downside risk
1.05
3.09

-2.04

Omega ratioGain probability vs. loss probability

1.13

1.40

-0.27

Calmar ratioReturn relative to maximum drawdown

0.61

3.75

-3.15

Martin ratioReturn relative to average drawdown

1.49

12.27

-10.78

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FOXA vs. TQQQ - Sharpe Ratio Comparison

The current FOXA Sharpe Ratio is 0.62, which is lower than the TQQQ Sharpe Ratio of 2.92. The chart below compares the historical Sharpe Ratios of FOXA 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.

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Sharpe Ratios by Period

FOXATQQQDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.62

2.92

-2.30

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.48

0.43

+0.06

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.69

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.28

0.74

-0.46

Drawdowns

FOXA vs. TQQQ - Drawdown Comparison

The maximum FOXA drawdown since its inception was -50.56%, smaller than the maximum TQQQ drawdown of -81.66%. Use the drawdown chart below to compare losses from any high point for FOXA and TQQQ.

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Drawdown Indicators

FOXATQQQDifference

Max Drawdown

Largest peak-to-trough decline

-50.56%

-81.66%

+31.10%

Max Drawdown (1Y)

Largest decline over 1 year

-28.89%

-36.97%

+8.08%

Max Drawdown (3Y)

Largest decline over 3 years

-28.89%

-58.04%

+29.15%

Max Drawdown (5Y)

Largest decline over 5 years

-35.14%

-81.66%

+46.52%

Max Drawdown (10Y)

Largest decline over 10 years

—

-81.66%

—

Current Drawdown

Current decline from peak

-15.13%

-0.76%

-14.37%

Average Drawdown

Average peak-to-trough decline

-17.56%

-18.52%

+0.96%

Ulcer Index

Depth and duration of drawdowns from previous peaks

11.69%

11.28%

+0.41%

Volatility

FOXA vs. TQQQ - Volatility Comparison

The current volatility for Fox Corporation (FOXA) is 10.72%, while ProShares UltraPro QQQ (TQQQ) has a volatility of 13.29%. This indicates that FOXA 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.

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Volatility by Period

FOXATQQQDifference

Volatility (1M)

Calculated over the trailing 1-month period

10.72%

13.29%

-2.57%

Volatility (6M)

Calculated over the trailing 6-month period

20.65%

36.04%

-15.39%

Volatility (1Y)

Calculated over the trailing 1-year period

28.36%

47.60%

-19.24%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

26.98%

66.53%

-39.55%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

32.06%

65.96%

-33.90%

Dividends

FOXA vs. TQQQ - Dividend Comparison

FOXA's dividend yield for the trailing twelve months is around 0.87%, more than TQQQ's 0.36% yield.

PositionTTM20252024202320222021202020192018201720162015
FOXA
Fox Corporation		0.87%0.75%1.09%1.72%1.61%1.27%1.58%1.24%0.00%0.00%0.00%0.00%
TQQQ
ProShares UltraPro QQQ		0.36%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

FOXA and TQQQ have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

TQQQ has higher volatility (13.29%) compared to FOXA (10.72%). In terms of maximum drawdown, FOXA dropped -50.56% vs TQQQ's -81.66%.

TQQQ currently has the higher Sharpe Ratio (2.92 vs 0.62), 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.

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