LBOW.L vs. SQQQ
Compare and contrast key facts about ICG Longbow Senior Secured UK Property Debt Investments Ltd (LBOW.L) and ProShares UltraPro Short QQQ (SQQQ).
SQQQ is a passively managed fund by ProShares that tracks the performance of the NASDAQ-100 Index (-300%). It was launched on Feb 9, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LBOW.L or SQQQ.
Key characteristics
| LBOW.L | SQQQ | |
|---|---|---|
| YTD Return | -4.42% | -36.29% |
| 1Y Return | -30.04% | -52.52% |
| 3Y Return (Ann) | -20.34% | -38.22% |
| 5Y Return (Ann) | -11.72% | -58.87% |
| 10Y Return (Ann) | -3.60% | -51.86% |
| Sharpe Ratio | -0.36 | -1.00 |
| Daily Std Dev | 91.65% | 52.96% |
| Max Drawdown | -59.64% | -100.00% |
| Current Drawdown | -56.39% | -100.00% |
Correlation
The correlation between LBOW.L and SQQQ is -0.08. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
LBOW.L vs. SQQQ - Performance Comparison
In the year-to-date period, LBOW.L achieves a -4.42% return, which is significantly higher than SQQQ's -36.29% return. Over the past 10 years, LBOW.L has outperformed SQQQ with an annualized return of -3.60%, while SQQQ has yielded a comparatively lower -51.86% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
LBOW.L vs. SQQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ICG Longbow Senior Secured UK Property Debt Investments Ltd (LBOW.L) and ProShares UltraPro Short QQQ (SQQQ). 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.
Dividends
LBOW.L vs. SQQQ - Dividend Comparison
LBOW.L has not paid dividends to shareholders, while SQQQ's dividend yield for the trailing twelve months is around 11.25%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LBOW.L ICG Longbow Senior Secured UK Property Debt Investments Ltd | 0.00% | 65.85% | 46.10% | 22.14% | 6.94% | 6.28% | 6.06% | 8.01% | 1.48% | 0.06% | 0.06% | 0.49% |
SQQQ ProShares UltraPro Short QQQ | 11.25% | 8.01% | 0.28% | 0.00% | 2.15% | 2.92% | 1.47% | 0.14% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
LBOW.L vs. SQQQ - Drawdown Comparison
The maximum LBOW.L drawdown since its inception was -59.64%, smaller than the maximum SQQQ drawdown of -100.00%. Use the drawdown chart below to compare losses from any high point for LBOW.L and SQQQ. For additional features, visit the drawdowns tool.
Volatility
LBOW.L vs. SQQQ - Volatility Comparison
The current volatility for ICG Longbow Senior Secured UK Property Debt Investments Ltd (LBOW.L) is 5.55%, while ProShares UltraPro Short QQQ (SQQQ) has a volatility of 17.25%. This indicates that LBOW.L experiences smaller price fluctuations and is considered to be less risky than SQQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.