PSQ vs. EMTY
Compare and contrast key facts about ProShares Short QQQ (PSQ) and ProShares Decline of the Retail Store ETF (EMTY).
PSQ and EMTY 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. EMTY is a passively managed fund by ProShares that tracks the performance of the Solactive-ProShares Bricks and Mortar Retail Store Index (-100%). It was launched on Nov 14, 2017. Both PSQ and EMTY are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
PSQ vs. EMTY - Performance Comparison
Loading graphics...
PSQ vs. EMTY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PSQ ProShares Short QQQ | 7.10% | -15.51% | -15.68% | -32.01% | 36.40% | -24.84% | -41.23% | -27.49% | -2.34% | -0.85% |
EMTY ProShares Decline of the Retail Store ETF | -2.09% | -1.76% | -4.13% | 0.27% | 4.32% | -37.39% | -31.92% | -8.65% | 11.16% | -14.16% |
Returns By Period
In the year-to-date period, PSQ achieves a 7.10% return, which is significantly higher than EMTY's -2.09% return.
PSQ
- 1D
- -3.36%
- 1M
- 5.19%
- YTD
- 7.10%
- 6M
- 5.61%
- 1Y
- -17.44%
- 3Y*
- -14.62%
- 5Y*
- -10.93%
- 10Y*
- -17.21%
EMTY
- 1D
- -1.62%
- 1M
- 6.84%
- YTD
- -2.09%
- 6M
- 4.35%
- 1Y
- -10.96%
- 3Y*
- -1.89%
- 5Y*
- -4.60%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
PSQ vs. EMTY - Expense Ratio Comparison
PSQ has a 0.95% expense ratio, which is higher than EMTY's 0.66% expense ratio.
Return for Risk
PSQ vs. EMTY — Risk / Return Rank
PSQ
EMTY
PSQ vs. EMTY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Short QQQ (PSQ) and ProShares Decline of the Retail Store ETF (EMTY). 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.
| PSQ | EMTY | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.78 | -0.54 | -0.23 |
Sortino ratioReturn per unit of downside risk | -0.98 | -0.62 | -0.36 |
Omega ratioGain probability vs. loss probability | 0.86 | 0.92 | -0.06 |
Calmar ratioReturn relative to maximum drawdown | -0.51 | -0.46 | -0.06 |
Martin ratioReturn relative to average drawdown | -0.64 | -0.61 | -0.03 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| PSQ | EMTY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.78 | -0.54 | -0.23 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.49 | -0.21 | -0.28 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.78 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.72 | -0.45 | -0.27 |
Correlation
The correlation between PSQ and EMTY is 0.48, 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.
Dividends
PSQ vs. EMTY - Dividend Comparison
PSQ's dividend yield for the trailing twelve months is around 4.08%, more than EMTY's 3.56% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PSQ ProShares Short QQQ | 4.08% | 4.97% | 7.15% | 6.01% | 0.35% | 0.00% | 0.31% | 1.75% | 0.95% | 0.02% |
EMTY ProShares Decline of the Retail Store ETF | 3.56% | 3.83% | 6.00% | 4.41% | 0.65% | 0.00% | 0.07% | 0.82% | 0.62% | 0.03% |
Drawdowns
PSQ vs. EMTY - Drawdown Comparison
The maximum PSQ drawdown since its inception was -97.99%, which is greater than EMTY's maximum drawdown of -77.62%. Use the drawdown chart below to compare losses from any high point for PSQ and EMTY.
Loading graphics...
Drawdown Indicators
| PSQ | EMTY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.99% | -77.62% | -20.37% |
Max Drawdown (1Y)Largest decline over 1 year | -33.97% | -25.41% | -8.56% |
Max Drawdown (5Y)Largest decline over 5 years | -54.95% | -30.83% | -24.12% |
Max Drawdown (10Y)Largest decline over 10 years | -87.30% | — | — |
Current DrawdownCurrent decline from peak | -97.76% | -75.56% | -22.20% |
Average DrawdownAverage peak-to-trough decline | -73.76% | -53.57% | -20.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 27.21% | 19.03% | +8.18% |
Volatility
PSQ vs. EMTY - Volatility Comparison
ProShares Short QQQ (PSQ) has a higher volatility of 6.57% compared to ProShares Decline of the Retail Store ETF (EMTY) at 4.16%. This indicates that PSQ's price experiences larger fluctuations and is considered to be riskier than EMTY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| PSQ | EMTY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.57% | 4.16% | +2.41% |
Volatility (6M)Calculated over the trailing 6-month period | 12.77% | 12.19% | +0.58% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.53% | 20.26% | +2.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.45% | 22.40% | +0.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.21% | 25.76% | -3.55% |