HYDR vs. TQQQ
Compare and contrast key facts about Global X Hydrogen ETF (HYDR) and ProShares UltraPro QQQ (TQQQ).
HYDR and TQQQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HYDR is a passively managed fund by Global X that tracks the performance of the Solactive Global Hydrogen Index - Benchmark TR Net. It was launched on Jul 12, 2021. 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. Both HYDR and TQQQ are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
HYDR vs. TQQQ - Performance Comparison
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HYDR vs. TQQQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
HYDR Global X Hydrogen ETF | 14.75% | 43.73% | -33.08% | -36.49% | -47.24% | -13.89% |
TQQQ ProShares UltraPro QQQ | -17.87% | 34.35% | 58.27% | 198.04% | -79.09% | 26.57% |
Returns By Period
In the year-to-date period, HYDR achieves a 14.75% return, which is significantly higher than TQQQ's -17.87% return.
HYDR
- 1D
- 0.65%
- 1M
- -5.99%
- YTD
- 14.75%
- 6M
- -0.04%
- 1Y
- 117.67%
- 3Y*
- -11.33%
- 5Y*
- —
- 10Y*
- —
TQQQ
- 1D
- 3.72%
- 1M
- -12.88%
- YTD
- -17.87%
- 6M
- -17.28%
- 1Y
- 48.52%
- 3Y*
- 46.87%
- 5Y*
- 13.55%
- 10Y*
- 35.31%
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HYDR vs. TQQQ - Expense Ratio Comparison
HYDR has a 0.50% expense ratio, which is lower than TQQQ's 0.95% expense ratio.
Return for Risk
HYDR vs. TQQQ — Risk / Return Rank
HYDR
TQQQ
HYDR vs. TQQQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Hydrogen ETF (HYDR) 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.
| HYDR | TQQQ | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.40 | 0.72 | +1.67 |
Sortino ratioReturn per unit of downside risk | 2.99 | 1.41 | +1.59 |
Omega ratioGain probability vs. loss probability | 1.35 | 1.20 | +0.16 |
Calmar ratioReturn relative to maximum drawdown | 4.13 | 1.41 | +2.72 |
Martin ratioReturn relative to average drawdown | 9.89 | 4.28 | +5.61 |
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
| HYDR | TQQQ | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.40 | 0.72 | +1.67 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.20 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.54 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.47 | 0.65 | -1.11 |
Correlation
The correlation between HYDR and TQQQ is 0.56, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
HYDR vs. TQQQ - Dividend Comparison
HYDR's dividend yield for the trailing twelve months is around 3.33%, more than TQQQ's 0.73% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HYDR Global X Hydrogen ETF | 3.33% | 3.82% | 0.40% | 0.00% | 0.00% | 0.06% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
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
HYDR vs. TQQQ - Drawdown Comparison
The maximum HYDR drawdown since its inception was -89.28%, which is greater than TQQQ's maximum drawdown of -81.66%. Use the drawdown chart below to compare losses from any high point for HYDR and TQQQ.
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Drawdown Indicators
| HYDR | TQQQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.28% | -81.66% | -7.62% |
Max Drawdown (1Y)Largest decline over 1 year | -29.76% | -36.97% | +7.21% |
Max Drawdown (5Y)Largest decline over 5 years | — | -81.66% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -81.66% | — |
Current DrawdownCurrent decline from peak | -73.65% | -28.08% | -45.57% |
Average DrawdownAverage peak-to-trough decline | -64.40% | -18.66% | -45.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.42% | 12.13% | +0.29% |
Volatility
HYDR vs. TQQQ - Volatility Comparison
The current volatility for Global X Hydrogen ETF (HYDR) is 13.62%, while ProShares UltraPro QQQ (TQQQ) has a volatility of 19.74%. This indicates that HYDR 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
| HYDR | TQQQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.62% | 19.74% | -6.12% |
Volatility (6M)Calculated over the trailing 6-month period | 38.08% | 38.50% | -0.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 49.41% | 67.35% | -17.94% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 46.23% | 66.53% | -20.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 46.23% | 65.83% | -19.60% |