NQ=F vs. TQQQ
Compare and contrast key facts about E-Mini Nasdaq 100 Futures (NQ=F) 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: NQ=F or TQQQ.
Correlation
The correlation between NQ=F and TQQQ is 0.98, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
NQ=F vs. TQQQ - Performance Comparison
Key characteristics
NQ=F:
1.38
TQQQ:
1.08
NQ=F:
1.93
TQQQ:
1.59
NQ=F:
1.26
TQQQ:
1.21
NQ=F:
1.78
TQQQ:
1.38
NQ=F:
5.89
TQQQ:
4.53
NQ=F:
4.24%
TQQQ:
12.98%
NQ=F:
17.93%
TQQQ:
54.25%
NQ=F:
-35.28%
TQQQ:
-81.66%
NQ=F:
-0.90%
TQQQ:
-6.70%
Returns By Period
In the year-to-date period, NQ=F achieves a 3.23% return, which is significantly lower than TQQQ's 9.63% return. Over the past 10 years, NQ=F has underperformed TQQQ with an annualized return of 17.78%, while TQQQ has yielded a comparatively higher 37.26% annualized return.
NQ=F
3.23%
-0.53%
14.27%
24.25%
18.54%
17.78%
TQQQ
9.63%
-1.91%
34.17%
55.75%
29.56%
37.26%
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
NQ=F vs. TQQQ — Risk-Adjusted Performance Rank
NQ=F
TQQQ
NQ=F vs. TQQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for E-Mini Nasdaq 100 Futures (NQ=F) 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.
Drawdowns
NQ=F vs. TQQQ - Drawdown Comparison
The maximum NQ=F drawdown since its inception was -35.28%, smaller than the maximum TQQQ drawdown of -81.66%. Use the drawdown chart below to compare losses from any high point for NQ=F and TQQQ. For additional features, visit the drawdowns tool.
Volatility
NQ=F vs. TQQQ - Volatility Comparison
The current volatility for E-Mini Nasdaq 100 Futures (NQ=F) is 5.04%, while ProShares UltraPro QQQ (TQQQ) has a volatility of 15.25%. This indicates that NQ=F 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.