KRYP vs. IQQQ

Last updated Jun 30, 2026

KRYP (ProShares CoinDesk 20 Crypto ETF) and IQQQ (ProShares Nasdaq-100 High Income ETF) are both exchange-traded funds - KRYP is a Cryptocurrency fund tracking the CoinDesk 20 Index, while IQQQ is a Nasdaq-100 fund tracking the Nasdaq-100 Daily Covered Call Index. Both are passively managed. A 0.64 correlation means they provide meaningful diversification when combined.

Performance

KRYP vs. IQQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares CoinDesk 20 Crypto ETF (KRYP) and ProShares Nasdaq-100 High Income ETF (IQQQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

KRYP

• 1D: 1.58%
• 1M: -17.92%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

IQQQ

• 1D: 2.08%
• 1M: -2.09%
• YTD: 15.32%
• 6M: 14.11%
• 1Y: 29.19%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

KRYP vs. IQQQ - Yearly Performance Comparison

	2026 (YTD)
KRYP ProShares CoinDesk 20 Crypto ETF	-28.15%
IQQQ ProShares Nasdaq-100 High Income ETF	14.75%

Correlation

The correlation between KRYP and IQQQ is 0.64, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 4, 2026	0.64

Return for Risk

KRYP vs. IQQQ — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

KRYP

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

IQQQ

IQQQ Risk / Return Rank: 58
IQQQ Sharpe Ratio Rank: 60
IQQQ Sortino Ratio Rank: 54
IQQQ Omega Ratio Rank: 55
IQQQ Calmar Ratio Rank: 62
IQQQ Martin Ratio Rank: 58

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

KRYP vs. IQQQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares CoinDesk 20 Crypto ETF (KRYP) and ProShares Nasdaq-100 High Income ETF (IQQQ). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	KRYP	IQQQ	Difference
Sharpe ratio: Return per unit of total volatility	—	1.71	—
Sortino ratio: Return per unit of downside risk	—	2.26	—
Omega ratio: Gain probability vs. loss probability	—	1.30	—
Calmar ratio: Return relative to maximum drawdown	—	2.63	—
Martin ratio: Return relative to average drawdown	—	8.90	—

Drawdowns

KRYP vs. IQQQ - Drawdown Comparison

The maximum KRYP drawdown since its inception was -30.90%, which is greater than IQQQ's maximum drawdown of -20.41%. Use the drawdown chart below to compare losses from any high point for KRYP and IQQQ.

Drawdown Indicators

	KRYP	IQQQ	Difference
Max Drawdown Largest peak-to-trough decline	-30.90%	-20.41%	-10.49%
Max Drawdown (1Y) Largest decline over 1 year	—	-11.13%	—
Current Drawdown Current decline from peak	-28.15%	-3.16%	-24.99%
Average Drawdown Average peak-to-trough decline	-11.52%	-3.63%	-7.89%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.29%	—

Volatility

Volatility by Period

	KRYP	IQQQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	8.47%	—
Volatility (6M) Calculated over the trailing 6-month period	—	13.74%	—
Volatility (1Y) Calculated over the trailing 1-year period	50.05%	17.15%	+32.90%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	50.05%	19.08%	+30.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	50.05%	19.08%	+30.97%

Dividends

KRYP vs. IQQQ - Dividend Comparison

KRYP's dividend yield for the trailing twelve months is around 0.08%, less than IQQQ's 4.55% yield.

Position	TTM	2025	2024
IQQQ ProShares Nasdaq-100 High Income ETF	4.55%	10.34%	7.27%
KRYP ProShares CoinDesk 20 Crypto ETF	0.08%	0.00%	0.00%

Frequently Asked Questions

Can I hold both KRYP and IQQQ in my portfolio?

KRYP and IQQQ have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF pays a higher dividend yield, KRYP or IQQQ?

IQQQ has the higher dividend yield at 4.55%, compared with 0.08% for KRYP.

What is the main difference between KRYP and IQQQ?

KRYP is categorized as Cryptocurrency, while IQQQ is Nasdaq-100. KRYP tracks CoinDesk 20 Index, while IQQQ tracks Nasdaq-100 Daily Covered Call Index.