PSQ vs. INTC

Last updated Jul 12, 2026

PSQ (ProShares Short QQQ) is Inverse Equities fund tracking the NASDAQ-100 Index (-100%), while INTC (Intel Corporation) is a stock. Over the past 10 years, PSQ returned -18.89%/yr vs 14.61%/yr for INTC. At a correlation of -0.65, they often move in opposite directions.

Performance

PSQ vs. INTC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares Short QQQ (PSQ) and Intel Corporation (INTC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PSQ achieves a -14.61% return, which is significantly lower than INTC's 197.67% return. Over the past 10 years, PSQ has underperformed INTC with an annualized return of -18.89%, while INTC has yielded a comparatively higher 14.61% annualized return.

PSQ

• 1D: -0.27%
• 1M: -1.33%
• 6M: -12.99%
• YTD: -14.61%
• 1Y: -21.29%
• 3Y*: -17.50%
• 5Y*: -12.87%
• 10Y*: -18.89%

INTC

• 1D: -2.40%
• 1M: -6.09%
• 6M: 141.14%
• YTD: 197.67%
• 1Y: 368.80%
• 3Y*: 49.86%
• 5Y*: 16.48%
• 10Y*: 14.61%

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

PSQ vs. INTC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PSQ ProShares Short QQQ	-14.61%	-15.51%	-15.68%	-32.01%	36.40%	-24.84%	-41.23%	-27.49%	-2.34%	-24.77%
INTC Intel Corporation	197.67%	84.04%	-59.57%	94.56%	-46.64%	6.05%	-14.69%	30.71%	4.23%	30.87%

Correlation

The correlation between PSQ and INTC is -0.53, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.53
Correlation (3Y) Calculated over the trailing 3-year period	-0.52
Correlation (5Y) Calculated over the trailing 5-year period	-0.58
Correlation (10Y) Calculated over the trailing 10-year period	-0.61
Correlation (All Time) Calculated using the full available price history since Jun 21, 2006	-0.65

The correlation between PSQ and INTC shifts across timeframes, from -0.65 (all time) to -0.52 (3 years), reflecting how their relationship changes across market environments.

Return for Risk

PSQ vs. INTC — Risk / Return Rank

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

PSQ

PSQ Risk / Return Rank: 1
PSQ Sharpe Ratio Rank: 1
PSQ Sortino Ratio Rank: 1
PSQ Omega Ratio Rank: 1
PSQ Calmar Ratio Rank: 2
PSQ Martin Ratio Rank: 0

INTC

INTC Risk / Return Rank: 98
INTC Sharpe Ratio Rank: 99
INTC Sortino Ratio Rank: 97
INTC Omega Ratio Rank: 96
INTC Calmar Ratio Rank: 99
INTC Martin Ratio Rank: 99

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.

PSQ vs. INTC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Short QQQ (PSQ) and Intel Corporation (INTC). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	PSQ	INTC	Difference
Sharpe ratio: Return per unit of total volatility	-1.14	4.76	-5.91
Sortino ratio: Return per unit of downside risk	-1.67	4.28	-5.95
Omega ratio: Gain probability vs. loss probability	0.82	1.54	-0.72
Calmar ratio: Return relative to maximum drawdown	-0.85	15.06	-15.91
Martin ratio: Return relative to average drawdown	-1.78	33.94	-35.72

PSQ vs. INTC - Sharpe Ratio Comparison

The current PSQ Sharpe Ratio is -1.14, which is lower than the INTC Sharpe Ratio of 4.76. The chart below compares the historical Sharpe Ratios of PSQ and INTC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

PSQ vs. INTC - Drawdown Comparison

The maximum PSQ drawdown since its inception was -98.26%, which is greater than INTC's maximum drawdown of -82.25%. Use the drawdown chart below to compare losses from any high point for PSQ and INTC.

Drawdown Indicators

	PSQ	INTC	Difference
Max Drawdown Largest peak-to-trough decline	-98.26%	-82.25%	-16.01%
Max Drawdown (1Y) Largest decline over 1 year	-24.83%	-24.17%	-0.66%
Max Drawdown (3Y) Largest decline over 3 years	-49.65%	-63.80%	+14.15%
Max Drawdown (5Y) Largest decline over 5 years	-60.91%	-65.16%	+4.25%
Max Drawdown (10Y) Largest decline over 10 years	-87.94%	-70.80%	-17.14%
Current Drawdown Current decline from peak	-98.21%	-22.07%	-76.14%
Average Drawdown Average peak-to-trough decline	-74.08%	-36.62%	-37.46%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.80%	10.80%	+1.00%

Volatility

PSQ vs. INTC - Volatility Comparison

The current volatility for ProShares Short QQQ (PSQ) is 8.64%, while Intel Corporation (INTC) has a volatility of 26.56%. This indicates that PSQ experiences smaller price fluctuations and is considered to be less risky than INTC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PSQ	INTC	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.64%	26.56%	-17.92%
Volatility (6M) Calculated over the trailing 6-month period	15.20%	62.18%	-46.98%
Volatility (1Y) Calculated over the trailing 1-year period	18.45%	76.41%	-57.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.80%	53.28%	-30.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.38%	44.75%	-22.37%

Dividends

PSQ vs. INTC - Dividend Comparison

PSQ's dividend yield for the trailing twelve months is around 4.49%, while INTC has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
INTC Intel Corporation	0.00%	0.00%	1.87%	1.47%	5.52%	2.70%	2.65%	2.11%	2.56%	2.33%	2.87%	2.79%
PSQ ProShares Short QQQ	4.49%	4.97%	7.15%	6.01%	0.35%	0.00%	0.31%	1.75%	0.95%	0.02%	0.00%	0.00%

Frequently Asked Questions

Can I hold both PSQ and INTC in my portfolio?

PSQ and INTC have a correlation of -0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PSQ or INTC?

INTC has higher volatility (26.56%) compared to PSQ (8.64%). In terms of maximum drawdown, PSQ dropped -98.26% vs INTC's -82.25%.

Which has better risk-adjusted returns?

INTC currently has the higher Sharpe Ratio (4.76 vs -1.14), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.