NGT.TO vs. TQQQ

Last updated Apr 1, 2026

Compare and contrast key facts about Newmont Corporation (NGT.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

NGT.TO vs. TQQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Newmont Corporation (NGT.TO) and ProShares UltraPro QQQ (TQQQ). The values are adjusted to include any dividend payments, if applicable.

NGT.TO vs. TQQQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
NGT.TO Newmont Corporation	0.00%	118.90%	-0.65%	-11.54%	-16.10%	6.01%	36.80%	31.07%
TQQQ ProShares UltraPro QQQ	-19.74%	28.19%	71.87%	191.48%	-77.60%	81.33%	106.50%	30.50%

Different Trading Currencies

NGT.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

NGT.TO

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TQQQ

• 1D: 9.88%
• 1M: -14.03%
• YTD: -19.74%
• 6M: -19.20%
• 1Y: 41.61%
• 3Y*: 46.48%
• 5Y*: 15.07%
• 10Y*: 35.72%

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

Return for Risk

NGT.TO vs. TQQQ — Risk / Return Rank

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

TQQQ

TQQQ Risk / Return Rank: 50
TQQQ Sharpe Ratio Rank: 40
TQQQ Sortino Ratio Rank: 57
TQQQ Omega Ratio Rank: 56
TQQQ Calmar Ratio Rank: 55
TQQQ Martin Ratio Rank: 44

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.

NGT.TO vs. TQQQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Newmont Corporation (NGT.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.

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

Sharpe Ratios by Period

	NGT.TO	TQQQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.63	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.24	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.56	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.71	—

Correlation

The correlation between NGT.TO and TQQQ is 0.07, 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

NGT.TO vs. TQQQ - Dividend Comparison

NGT.TO's dividend yield for the trailing twelve months is around 0.43%, less than TQQQ's 0.76% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NGT.TO Newmont Corporation	0.43%	0.65%	1.87%	2.92%	3.45%	2.80%	1.37%	0.74%	0.00%	0.00%	0.00%	0.00%
TQQQ ProShares UltraPro QQQ	0.76%	0.65%	1.27%	1.26%	0.57%	0.00%	0.00%	0.06%	0.11%	0.00%	0.00%	0.01%

Drawdowns

Drawdown Indicators

	NGT.TO	TQQQ	Difference
Max Drawdown Largest peak-to-trough decline	—	-81.66%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-36.97%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-81.66%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-81.66%	—
Current Drawdown Current decline from peak	—	-30.66%	—
Average Drawdown Average peak-to-trough decline	—	-18.66%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	12.00%	—

Volatility

Volatility by Period

	NGT.TO	TQQQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	19.21%	—
Volatility (6M) Calculated over the trailing 6-month period	—	37.91%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	66.35%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	64.42%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	63.80%	—