GQQQ vs. YCS

Last updated Jun 20, 2026

GQQQ (Astoria US Quality Growth Kings ETF) and YCS (ProShares UltraShort Yen) are both exchange-traded funds - GQQQ is a Large Cap Growth Equities fund managed by Astoria, while YCS is a Leveraged Currency fund tracking the USD/JPY Exchange Rate (-200%). Over the past year, GQQQ returned 41.85% vs 30.84% for YCS. At a 0.02 correlation, their price movements are largely independent. GQQQ charges 0.35%/yr vs 1.00%/yr for YCS.

Performance

GQQQ vs. YCS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Astoria US Quality Growth Kings ETF (GQQQ) and ProShares UltraShort Yen (YCS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GQQQ achieves a 22.04% return, which is significantly higher than YCS's 9.35% return.

GQQQ

• 1D: 2.23%
• 1M: 3.93%
• YTD: 22.04%
• 6M: 22.06%
• 1Y: 41.85%
• 3Y*: —
• 5Y*: —
• 10Y*: —

YCS

• 1D: 0.88%
• 1M: 3.65%
• YTD: 9.35%
• 6M: 8.16%
• 1Y: 30.84%
• 3Y*: 19.46%
• 5Y*: 23.76%
• 10Y*: 13.18%

*Multi-year figures are annualized to reflect compound growth (CAGR)

GQQQ vs. YCS - Yearly Performance Comparison

	2026 (YTD)	2025	2024
GQQQ Astoria US Quality Growth Kings ETF	22.04%	17.37%	1.52%
YCS ProShares UltraShort Yen	9.35%	9.04%	20.02%

Correlation

The correlation between GQQQ and YCS is -0.15, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.15
Correlation (All Time) Calculated using the full available price history since Oct 1, 2024	0.02

The correlation between GQQQ and YCS shifts across timeframes, from -0.15 (1 year) to 0.02 (all time), reflecting how their relationship changes across market environments.

Return for Risk

GQQQ vs. YCS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GQQQ

GQQQ Risk / Return Rank: 78
GQQQ Sharpe Ratio Rank: 80
GQQQ Sortino Ratio Rank: 75
GQQQ Omega Ratio Rank: 76
GQQQ Calmar Ratio Rank: 77
GQQQ Martin Ratio Rank: 83

YCS

YCS Risk / Return Rank: 65
YCS Sharpe Ratio Rank: 61
YCS Sortino Ratio Rank: 53
YCS Omega Ratio Rank: 62
YCS Calmar Ratio Rank: 80
YCS Martin Ratio Rank: 70

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.

GQQQ vs. YCS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Astoria US Quality Growth Kings ETF (GQQQ) and ProShares UltraShort Yen (YCS). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	GQQQ	YCS	Difference
Sharpe ratio: Return per unit of total volatility	2.45	1.95	+0.50
Sortino ratio: Return per unit of downside risk	3.20	2.46	+0.74
Omega ratio: Gain probability vs. loss probability	1.43	1.36	+0.07
Calmar ratio: Return relative to maximum drawdown	3.76	3.98	-0.22
Martin ratio: Return relative to average drawdown	16.26	12.43	+3.82

GQQQ vs. YCS - Sharpe Ratio Comparison

The current GQQQ Sharpe Ratio is 2.45, which is comparable to the YCS Sharpe Ratio of 1.95. The chart below compares the historical Sharpe Ratios of GQQQ and YCS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

GQQQ vs. YCS - Drawdown Comparison

The maximum GQQQ drawdown since its inception was -22.36%, smaller than the maximum YCS drawdown of -49.56%. Use the drawdown chart below to compare losses from any high point for GQQQ and YCS.

Drawdown Indicators

	GQQQ	YCS	Difference
Max Drawdown Largest peak-to-trough decline	-22.36%	-49.56%	+27.20%
Max Drawdown (1Y) Largest decline over 1 year	-11.02%	-8.30%	-2.72%
Max Drawdown (3Y) Largest decline over 3 years	—	-23.05%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-27.32%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-27.32%	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-3.10%	-19.88%	+16.78%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.55%	2.65%	-0.10%

Volatility

GQQQ vs. YCS - Volatility Comparison

Astoria US Quality Growth Kings ETF (GQQQ) has a higher volatility of 7.34% compared to ProShares UltraShort Yen (YCS) at 2.25%. This indicates that GQQQ's price experiences larger fluctuations and is considered to be riskier than YCS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GQQQ	YCS	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.34%	2.25%	+5.09%
Volatility (6M) Calculated over the trailing 6-month period	14.02%	12.24%	+1.78%
Volatility (1Y) Calculated over the trailing 1-year period	16.94%	16.99%	-0.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.63%	21.09%	-0.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.63%	18.98%	+1.65%

GQQQ vs. YCS - Expense Ratio Comparison

GQQQ has a 0.35% expense ratio, which is lower than YCS's 1.00% expense ratio.

Dividends

GQQQ vs. YCS - Dividend Comparison

GQQQ's dividend yield for the trailing twelve months is around 0.40%, while YCS has not paid dividends to shareholders.

Position	TTM	2025	2024
GQQQ Astoria US Quality Growth Kings ETF	0.40%	0.46%	0.11%
YCS ProShares UltraShort Yen	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GQQQ and YCS in my portfolio?

GQQQ and YCS have a correlation of -0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GQQQ or YCS?

GQQQ has higher volatility (7.34%) compared to YCS (2.25%). In terms of maximum drawdown, GQQQ dropped -22.36% vs YCS's -49.56%.

Which ETF is better, GQQQ or YCS?

On 1-year performance, GQQQ leads with 41.85% vs 30.84% for YCS. On fees, GQQQ is cheaper at 0.35% per year. On volatility, YCS has been the lower-risk option at 2.25%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GQQQ or YCS?

Over the 1-year period, GQQQ has performed better with a 41.85% return vs 30.84%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GQQQ or YCS?

GQQQ is cheaper with a 0.35% expense ratio, compared with 1.00% for YCS.

Which ETF pays a higher dividend yield, GQQQ or YCS?

GQQQ has the higher dividend yield at 0.40%, compared with 0.00% for YCS.

What is the main difference between GQQQ and YCS?

GQQQ is categorized as Large Cap Growth Equities, while YCS is Leveraged Currency. They also come from different issuers: Astoria and ProShares. Their fees differ too: 0.35% for GQQQ and 1.00% for YCS.

Which has better risk-adjusted returns?

GQQQ currently has the higher Sharpe Ratio (2.45 vs 1.95), 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.