HMM-A.TO vs. TQQQ
Compare and contrast key facts about Hammond Manufacturing Company Limited (HMM-A.TO) 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.
Performance
HMM-A.TO vs. TQQQ - Performance Comparison
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HMM-A.TO vs. TQQQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HMM-A.TO Hammond Manufacturing Company Limited | -8.75% | 7.58% | 28.83% | 100.52% | 14.89% | 73.02% | 14.68% | -0.54% | -8.60% | 14.22% |
TQQQ ProShares UltraPro QQQ | -16.82% | 28.19% | 71.87% | 191.48% | -77.60% | 81.33% | 106.50% | 122.34% | -12.99% | 104.18% |
Different Trading Currencies
HMM-A.TO is traded in CAD, while TQQQ is traded in USD. To make them comparable, the TQQQ values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, HMM-A.TO achieves a -8.75% return, which is significantly higher than TQQQ's -16.82% return. Over the past 10 years, HMM-A.TO has underperformed TQQQ with an annualized return of 17.38%, while TQQQ has yielded a comparatively higher 36.20% annualized return.
HMM-A.TO
- 1D
- 0.10%
- 1M
- -8.26%
- YTD
- -8.75%
- 6M
- 2.80%
- 1Y
- 20.86%
- 3Y*
- 18.81%
- 5Y*
- 25.31%
- 10Y*
- 17.38%
TQQQ
- 1D
- 3.57%
- 1M
- -11.46%
- YTD
- -16.82%
- 6M
- -17.52%
- 1Y
- 44.30%
- 3Y*
- 48.23%
- 5Y*
- 15.90%
- 10Y*
- 36.20%
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Return for Risk
HMM-A.TO vs. TQQQ — Risk / Return Rank
HMM-A.TO
TQQQ
HMM-A.TO vs. TQQQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hammond Manufacturing Company Limited (HMM-A.TO) 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.
| HMM-A.TO | TQQQ | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.65 | 0.67 | -0.02 |
Sortino ratioReturn per unit of downside risk | 1.08 | 1.33 | -0.24 |
Omega ratioGain probability vs. loss probability | 1.14 | 1.19 | -0.05 |
Calmar ratioReturn relative to maximum drawdown | 1.21 | 1.26 | -0.06 |
Martin ratioReturn relative to average drawdown | 2.60 | 3.65 | -1.05 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| HMM-A.TO | TQQQ | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.65 | 0.67 | -0.02 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.73 | 0.25 | +0.48 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.43 | 0.57 | -0.14 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.08 | 0.72 | -0.64 |
Correlation
The correlation between HMM-A.TO and TQQQ is 0.07, 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.
Dividends
HMM-A.TO vs. TQQQ - Dividend Comparison
HMM-A.TO's dividend yield for the trailing twelve months is around 0.59%, less than TQQQ's 0.73% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HMM-A.TO Hammond Manufacturing Company Limited | 0.59% | 0.54% | 0.57% | 0.73% | 1.46% | 1.10% | 1.88% | 2.11% | 2.05% | 0.92% | 1.04% | 0.98% |
TQQQ ProShares UltraPro QQQ | 0.73% | 0.65% | 1.27% | 1.26% | 0.57% | 0.00% | 0.00% | 0.06% | 0.11% | 0.00% | 0.00% | 0.01% |
Drawdowns
HMM-A.TO vs. TQQQ - Drawdown Comparison
The maximum HMM-A.TO drawdown since its inception was -90.37%, which is greater than TQQQ's maximum drawdown of -80.26%. Use the drawdown chart below to compare losses from any high point for HMM-A.TO and TQQQ.
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Drawdown Indicators
| HMM-A.TO | TQQQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.37% | -81.66% | -8.71% |
Max Drawdown (1Y)Largest decline over 1 year | -17.77% | -36.97% | +19.20% |
Max Drawdown (5Y)Largest decline over 5 years | -44.68% | -81.66% | +36.98% |
Max Drawdown (10Y)Largest decline over 10 years | -59.85% | -81.66% | +21.81% |
Current DrawdownCurrent decline from peak | -25.70% | -28.08% | +2.38% |
Average DrawdownAverage peak-to-trough decline | -44.68% | -18.66% | -26.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.23% | 12.13% | -3.90% |
Volatility
HMM-A.TO vs. TQQQ - Volatility Comparison
The current volatility for Hammond Manufacturing Company Limited (HMM-A.TO) is 6.61%, while ProShares UltraPro QQQ (TQQQ) has a volatility of 19.50%. This indicates that HMM-A.TO 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
| HMM-A.TO | TQQQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.61% | 19.50% | -12.89% |
Volatility (6M)Calculated over the trailing 6-month period | 20.62% | 38.09% | -17.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.25% | 66.44% | -34.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 34.86% | 64.41% | -29.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 40.44% | 63.80% | -23.36% |