HDIV.L vs. TQQQ
Compare and contrast key facts about Henderson Diversified Income Ltd (HDIV.L) 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: HDIV.L or TQQQ.
Key characteristics
| HDIV.L | TQQQ | |
|---|---|---|
| YTD Return | -75.02% | 30.39% |
| 1Y Return | -72.32% | 68.26% |
| 3Y Return (Ann) | -39.43% | -1.69% |
| 5Y Return (Ann) | -24.96% | 33.77% |
| 10Y Return (Ann) | -10.82% | 33.66% |
| Sharpe Ratio | -0.93 | 1.27 |
| Daily Std Dev | 77.47% | 52.77% |
| Max Drawdown | -80.18% | -81.66% |
| Current Drawdown | -77.65% | -23.70% |
Correlation
The correlation between HDIV.L and TQQQ is 0.18, 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
HDIV.L vs. TQQQ - Performance Comparison
In the year-to-date period, HDIV.L achieves a -75.02% return, which is significantly lower than TQQQ's 30.39% return. Over the past 10 years, HDIV.L has underperformed TQQQ with an annualized return of -10.82%, while TQQQ has yielded a comparatively higher 33.66% annualized 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
HDIV.L vs. TQQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Henderson Diversified Income Ltd (HDIV.L) 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
HDIV.L vs. TQQQ - Dividend Comparison
HDIV.L's dividend yield for the trailing twelve months is around 9.51%, more than TQQQ's 1.31% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HDIV.L Henderson Diversified Income Ltd | 9.51% | 6.29% | 6.27% | 5.29% | 4.78% | 4.68% | 5.49% | 5.04% | 5.68% | 5.70% | 5.59% | 5.67% |
TQQQ ProShares UltraPro QQQ | 1.10% | 1.26% | 0.57% | 0.00% | 0.00% | 0.06% | 0.11% | 0.00% | 0.00% | 0.01% | 0.03% | 0.00% |
Drawdowns
HDIV.L vs. TQQQ - Drawdown Comparison
The maximum HDIV.L drawdown since its inception was -80.18%, roughly equal to the maximum TQQQ drawdown of -81.66%. Use the drawdown chart below to compare losses from any high point for HDIV.L and TQQQ. For additional features, visit the drawdowns tool.
Volatility
HDIV.L vs. TQQQ - Volatility Comparison
The current volatility for Henderson Diversified Income Ltd (HDIV.L) is 4.26%, while ProShares UltraPro QQQ (TQQQ) has a volatility of 17.81%. This indicates that HDIV.L 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.