PSQ vs. DOG
Compare and contrast key facts about ProShares Short QQQ (PSQ) and ProShares Short Dow30 (DOG).
PSQ and DOG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PSQ is a passively managed fund by ProShares that tracks the performance of the NASDAQ-100 Index (-100%). It was launched on Jun 19, 2006. DOG is a passively managed fund by ProShares that tracks the performance of the DJ Industrial Average (-100%). It was launched on Jun 19, 2006. Both PSQ and DOG are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PSQ or DOG.
Correlation
The correlation between PSQ and DOG is -0.89. 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
PSQ vs. DOG - Performance Comparison
Key characteristics
PSQ:
-0.46
DOG:
-0.25
PSQ:
-0.52
DOG:
-0.24
PSQ:
0.93
DOG:
0.97
PSQ:
-0.12
DOG:
-0.05
PSQ:
-0.96
DOG:
-0.60
PSQ:
12.11%
DOG:
7.18%
PSQ:
25.01%
DOG:
16.96%
PSQ:
-97.65%
DOG:
-92.08%
PSQ:
-97.45%
DOG:
-91.29%
Returns By Period
In the year-to-date period, PSQ achieves a 3.01% return, which is significantly lower than DOG's 3.45% return. Over the past 10 years, PSQ has underperformed DOG with an annualized return of -16.90%, while DOG has yielded a comparatively higher -10.26% annualized return.
PSQ
3.01%
-9.46%
-1.16%
-9.45%
-17.00%
-16.90%
DOG
3.45%
-2.43%
2.94%
-2.21%
-10.58%
-10.26%
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PSQ vs. DOG - Expense Ratio Comparison
Both PSQ and DOG have an expense ratio of 0.95%.
Risk-Adjusted Performance
PSQ vs. DOG — Risk-Adjusted Performance Rank
PSQ
DOG
PSQ vs. DOG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Short QQQ (PSQ) and ProShares Short Dow30 (DOG). 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
PSQ vs. DOG - Dividend Comparison
PSQ's dividend yield for the trailing twelve months is around 6.48%, more than DOG's 5.07% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|
PSQ ProShares Short QQQ | 6.48% | 7.15% | 6.01% | 0.35% | 0.00% | 0.31% | 1.75% | 0.95% | 0.02% |
DOG ProShares Short Dow30 | 5.07% | 5.72% | 4.54% | 0.41% | 0.00% | 0.14% | 1.54% | 0.86% | 0.03% |
Drawdowns
PSQ vs. DOG - Drawdown Comparison
The maximum PSQ drawdown since its inception was -97.65%, which is greater than DOG's maximum drawdown of -92.08%. Use the drawdown chart below to compare losses from any high point for PSQ and DOG. For additional features, visit the drawdowns tool.
Volatility
PSQ vs. DOG - Volatility Comparison
ProShares Short QQQ (PSQ) has a higher volatility of 17.20% compared to ProShares Short Dow30 (DOG) at 12.29%. This indicates that PSQ's price experiences larger fluctuations and is considered to be riskier than DOG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.