PSLV vs. SQQQ
Compare and contrast key facts about Sprott Physical Silver Trust (PSLV) 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: PSLV or SQQQ.
Correlation
The correlation between PSLV and SQQQ is 0.16, 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.
Performance
PSLV vs. SQQQ - Performance Comparison
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Key characteristics
PSLV:
0.48
SQQQ:
-0.56
PSLV:
1.03
SQQQ:
-0.47
PSLV:
1.13
SQQQ:
0.94
PSLV:
0.33
SQQQ:
-0.42
PSLV:
2.25
SQQQ:
-1.31
PSLV:
8.54%
SQQQ:
31.88%
PSLV:
30.82%
SQQQ:
74.64%
PSLV:
-79.38%
SQQQ:
-100.00%
PSLV:
-50.34%
SQQQ:
-100.00%
Returns By Period
In the year-to-date period, PSLV achieves a 13.78% return, which is significantly higher than SQQQ's -6.16% return. Over the past 10 years, PSLV has outperformed SQQQ with an annualized return of 5.63%, while SQQQ has yielded a comparatively lower -51.69% annualized return.
PSLV
13.78%
5.78%
3.78%
14.49%
13.97%
5.63%
SQQQ
-6.16%
-15.99%
-5.10%
-41.55%
-52.14%
-51.69%
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Risk-Adjusted Performance
PSLV vs. SQQQ — Risk-Adjusted Performance Rank
PSLV
SQQQ
PSLV vs. SQQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Sprott Physical Silver Trust (PSLV) 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.
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Dividends
PSLV vs. SQQQ - Dividend Comparison
PSLV has not paid dividends to shareholders, while SQQQ's dividend yield for the trailing twelve months is around 9.89%.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
---|---|---|---|---|---|---|---|---|---|
PSLV Sprott Physical Silver Trust | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SQQQ ProShares UltraPro Short QQQ | 9.89% | 10.23% | 8.01% | 0.28% | 0.00% | 2.15% | 2.92% | 1.47% | 0.14% |
Drawdowns
PSLV vs. SQQQ - Drawdown Comparison
The maximum PSLV drawdown since its inception was -79.38%, smaller than the maximum SQQQ drawdown of -100.00%. Use the drawdown chart below to compare losses from any high point for PSLV and SQQQ. For additional features, visit the drawdowns tool.
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Volatility
PSLV vs. SQQQ - Volatility Comparison
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