HPS-A.TO vs. TQQQ
Compare and contrast key facts about Hammond Power Solutions Inc (HPS-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
HPS-A.TO vs. TQQQ - Performance Comparison
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HPS-A.TO vs. TQQQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HPS-A.TO Hammond Power Solutions Inc | 12.97% | 25.75% | 58.01% | 310.59% | 71.98% | 46.22% | 16.10% | 39.86% | -35.72% | 56.06% |
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
HPS-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, HPS-A.TO achieves a 12.97% return, which is significantly higher than TQQQ's -16.82% return. Over the past 10 years, HPS-A.TO has outperformed TQQQ with an annualized return of 43.40%, while TQQQ has yielded a comparatively lower 36.20% annualized return.
HPS-A.TO
- 1D
- 2.58%
- 1M
- -9.67%
- YTD
- 12.97%
- 6M
- 43.43%
- 1Y
- 128.05%
- 3Y*
- 69.30%
- 5Y*
- 79.81%
- 10Y*
- 43.40%
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
HPS-A.TO vs. TQQQ — Risk / Return Rank
HPS-A.TO
TQQQ
HPS-A.TO vs. TQQQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hammond Power Solutions Inc (HPS-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.
| HPS-A.TO | TQQQ | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.13 | 0.67 | +1.46 |
Sortino ratioReturn per unit of downside risk | 2.71 | 1.33 | +1.38 |
Omega ratioGain probability vs. loss probability | 1.38 | 1.19 | +0.19 |
Calmar ratioReturn relative to maximum drawdown | 4.91 | 1.26 | +3.65 |
Martin ratioReturn relative to average drawdown | 10.39 | 3.65 | +6.74 |
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
| HPS-A.TO | TQQQ | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.13 | 0.67 | +1.46 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.65 | 0.25 | +1.40 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.08 | 0.57 | +0.51 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.44 | 0.72 | -0.28 |
Correlation
The correlation between HPS-A.TO and TQQQ is 0.16, 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
HPS-A.TO vs. TQQQ - Dividend Comparison
HPS-A.TO's dividend yield for the trailing twelve months is around 0.61%, less than TQQQ's 0.73% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HPS-A.TO Hammond Power Solutions Inc | 0.61% | 0.69% | 0.76% | 0.67% | 1.91% | 2.84% | 4.01% | 3.65% | 4.21% | 2.62% | 3.96% | 3.77% |
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
HPS-A.TO vs. TQQQ - Drawdown Comparison
The maximum HPS-A.TO drawdown since its inception was -80.00%, roughly equal to the maximum TQQQ drawdown of -80.26%. Use the drawdown chart below to compare losses from any high point for HPS-A.TO and TQQQ.
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Drawdown Indicators
| HPS-A.TO | TQQQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -80.00% | -81.66% | +1.66% |
Max Drawdown (1Y)Largest decline over 1 year | -28.14% | -36.97% | +8.83% |
Max Drawdown (5Y)Largest decline over 5 years | -54.28% | -81.66% | +27.38% |
Max Drawdown (10Y)Largest decline over 10 years | -54.28% | -81.66% | +27.38% |
Current DrawdownCurrent decline from peak | -16.08% | -28.08% | +12.00% |
Average DrawdownAverage peak-to-trough decline | -31.63% | -18.66% | -12.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.30% | 12.13% | +1.17% |
Volatility
HPS-A.TO vs. TQQQ - Volatility Comparison
Hammond Power Solutions Inc (HPS-A.TO) has a higher volatility of 20.55% compared to ProShares UltraPro QQQ (TQQQ) at 19.50%. This indicates that HPS-A.TO'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.
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Volatility by Period
| HPS-A.TO | TQQQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 20.55% | 19.50% | +1.05% |
Volatility (6M)Calculated over the trailing 6-month period | 46.31% | 38.09% | +8.22% |
Volatility (1Y)Calculated over the trailing 1-year period | 60.66% | 66.44% | -5.78% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 49.06% | 64.41% | -15.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 42.47% | 63.80% | -21.33% |