PortfoliosLab logo
PortfoliosLab logo
Tools
Portfolios
Screeners
Discussions
MNDY vs. TQQQ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

MNDY vs. TQQQ

Last updated Apr 26, 2025

Compare and contrast key facts about monday.com Ltd. (MNDY) 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.

Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MNDY or TQQQ.

Correlation

The correlation between MNDY and TQQQ is 0.52, 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.

-0.50.00.51.0
Correlation: 0.5

Performance

MNDY vs. TQQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in monday.com Ltd. (MNDY) and ProShares UltraPro QQQ (TQQQ). The values are adjusted to include any dividend payments, if applicable.
-20.00%0.00%20.00%40.00%60.00%80.00%NovemberDecember2025FebruaryMarchApril
53.18%
3.35%
MNDY
TQQQ

Key characteristics

Sharpe Ratio

MNDY:

0.75

TQQQ:

0.04

Sortino Ratio

MNDY:

1.54

TQQQ:

0.58

Omega Ratio

MNDY:

1.20

TQQQ:

1.08

Calmar Ratio

MNDY:

0.81

TQQQ:

0.05

Martin Ratio

MNDY:

3.22

TQQQ:

0.13

Ulcer Index

MNDY:

15.00%

TQQQ:

20.43%

Daily Std Dev

MNDY:

64.39%

TQQQ:

74.97%

Max Drawdown

MNDY:

-82.81%

TQQQ:

-81.66%

Current Drawdown

MNDY:

-38.39%

TQQQ:

-41.90%

Returns By Period

In the year-to-date period, MNDY achieves a 16.38% return, which is significantly higher than TQQQ's -31.73% return.

MNDY

YTD

16.38%

1M

3.60%

6M

-8.55%

1Y

47.95%

5Y*

N/A

10Y*

N/A

TQQQ

YTD

-31.73%

1M

-15.02%

6M

-27.48%

1Y

3.28%

5Y*

28.11%

10Y*

27.88%

*Annualized

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

MNDY vs. TQQQ — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
MNDY
The Risk-Adjusted Performance Rank of MNDY is 7979
Overall Rank
The Sharpe Ratio Rank of MNDY is 7878
Sharpe Ratio Rank
The Sortino Ratio Rank of MNDY is 7979
Sortino Ratio Rank
The Omega Ratio Rank of MNDY is 7777
Omega Ratio Rank
The Calmar Ratio Rank of MNDY is 8181
Calmar Ratio Rank
The Martin Ratio Rank of MNDY is 8080
Martin Ratio Rank
TQQQ
The Risk-Adjusted Performance Rank of TQQQ is 3030
Overall Rank
The Sharpe Ratio Rank of TQQQ is 2121
Sharpe Ratio Rank
The Sortino Ratio Rank of TQQQ is 4343
Sortino Ratio Rank
The Omega Ratio Rank of TQQQ is 4343
Omega Ratio Rank
The Calmar Ratio Rank of TQQQ is 2222
Calmar Ratio Rank
The Martin Ratio Rank of TQQQ is 2121
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

MNDY vs. TQQQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for monday.com Ltd. (MNDY) 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.

The chart of Sharpe ratio for MNDY, currently valued at 0.75, compared to the broader market-2.00-1.000.001.002.003.00
MNDY: 0.75
TQQQ: 0.04
The chart of Sortino ratio for MNDY, currently valued at 1.54, compared to the broader market-6.00-4.00-2.000.002.004.00
MNDY: 1.54
TQQQ: 0.58
The chart of Omega ratio for MNDY, currently valued at 1.20, compared to the broader market0.501.001.502.00
MNDY: 1.20
TQQQ: 1.08
The chart of Calmar ratio for MNDY, currently valued at 0.81, compared to the broader market0.001.002.003.004.005.00
MNDY: 0.81
TQQQ: 0.05
The chart of Martin ratio for MNDY, currently valued at 3.22, compared to the broader market-5.000.005.0010.0015.0020.00
MNDY: 3.22
TQQQ: 0.13

The current MNDY Sharpe Ratio is 0.75, which is higher than the TQQQ Sharpe Ratio of 0.04. The chart below compares the historical Sharpe Ratios of MNDY and TQQQ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio-1.000.001.002.003.00NovemberDecember2025FebruaryMarchApril
0.75
0.04
MNDY
TQQQ

Dividends

MNDY vs. TQQQ - Dividend Comparison

MNDY has not paid dividends to shareholders, while TQQQ's dividend yield for the trailing twelve months is around 1.83%.

TTM20242023202220212020201920182017201620152014
MNDY
monday.com Ltd.		0.00%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		1.83%1.27%1.26%0.57%0.00%0.00%0.06%0.11%0.00%0.00%0.01%0.03%

Drawdowns

MNDY vs. TQQQ - Drawdown Comparison

The maximum MNDY drawdown since its inception was -82.81%, roughly equal to the maximum TQQQ drawdown of -81.66%. Use the drawdown chart below to compare losses from any high point for MNDY and TQQQ. For additional features, visit the drawdowns tool.

-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%NovemberDecember2025FebruaryMarchApril
-38.39%
-41.90%
MNDY
TQQQ

Volatility

MNDY vs. TQQQ - Volatility Comparison

The current volatility for monday.com Ltd. (MNDY) is 26.79%, while ProShares UltraPro QQQ (TQQQ) has a volatility of 48.66%. This indicates that MNDY 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.

10.00%20.00%30.00%40.00%50.00%NovemberDecember2025FebruaryMarchApril
26.79%
48.66%
MNDY
TQQQ