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HODL vs. TQQQ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

HODL vs. TQQQ - Performance Comparison

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

-20.00%-10.00%0.00%10.00%20.00%30.00%40.00%JuneJulyAugustSeptemberOctoberNovember
35.09%
20.48%
HODL
TQQQ

Returns By Period


HODL

YTD

N/A

1M

38.95%

6M

35.09%

1Y

N/A

5Y (annualized)

N/A

10Y (annualized)

N/A

TQQQ

YTD

53.90%

1M

2.86%

6M

20.48%

1Y

78.56%

5Y (annualized)

34.01%

10Y (annualized)

34.56%

Key characteristics


HODLTQQQ
Daily Std Dev57.47%51.83%
Max Drawdown-27.51%-81.66%
Current Drawdown0.00%-9.94%

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HODL vs. TQQQ - Expense Ratio Comparison

HODL has a 0.25% expense ratio, which is lower than TQQQ's 0.95% expense ratio.


TQQQ
ProShares UltraPro QQQ
Expense ratio chart for TQQQ: current value at 0.95% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.95%
Expense ratio chart for HODL: current value at 0.25% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.25%

Correlation

-0.50.00.51.00.3

The correlation between HODL and TQQQ is 0.28, 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.

Risk-Adjusted Performance

HODL vs. TQQQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Bitcoin Trust (HODL) 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.


Sharpe ratio
No data
HODL
TQQQ

Chart placeholderNot enough data

Dividends

HODL vs. TQQQ - Dividend Comparison

HODL has not paid dividends to shareholders, while TQQQ's dividend yield for the trailing twelve months is around 1.23%.


TTM2023202220212020201920182017201620152014
HODL
VanEck Bitcoin Trust
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
TQQQ
ProShares UltraPro QQQ
1.23%1.26%0.57%0.00%0.00%0.06%0.11%0.00%0.00%0.01%0.03%

Drawdowns

HODL vs. TQQQ - Drawdown Comparison

The maximum HODL drawdown since its inception was -27.51%, smaller than the maximum TQQQ drawdown of -81.66%. Use the drawdown chart below to compare losses from any high point for HODL and TQQQ. For additional features, visit the drawdowns tool.


-40.00%-30.00%-20.00%-10.00%0.00%JuneJulyAugustSeptemberOctoberNovember0
-8.81%
HODL
TQQQ

Volatility

HODL vs. TQQQ - Volatility Comparison

VanEck Bitcoin Trust (HODL) has a higher volatility of 18.22% compared to ProShares UltraPro QQQ (TQQQ) at 17.03%. This indicates that HODL'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.


10.00%15.00%20.00%25.00%JuneJulyAugustSeptemberOctoberNovember
18.22%
17.03%
HODL
TQQQ