PSQ vs. IUSV
Compare and contrast key facts about ProShares Short QQQ (PSQ) and iShares Core S&P U.S. Value ETF (IUSV).
PSQ and IUSV 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. IUSV is a passively managed fund by iShares that tracks the performance of the Russell 2500 Value Index. It was launched on Aug 4, 2000. Both PSQ and IUSV 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 IUSV.
Key characteristics
| PSQ | IUSV | |
|---|---|---|
| YTD Return | -16.32% | 17.75% |
| 1Y Return | -20.58% | 27.66% |
| 3Y Return (Ann) | -8.66% | 11.37% |
| 5Y Return (Ann) | -20.11% | 12.29% |
| 10Y Return (Ann) | -17.64% | 10.61% |
| Sharpe Ratio | -1.29 | 2.94 |
| Sortino Ratio | -1.88 | 4.17 |
| Omega Ratio | 0.79 | 1.54 |
| Calmar Ratio | -0.23 | 5.52 |
| Martin Ratio | -1.71 | 17.75 |
| Ulcer Index | 13.04% | 1.74% |
| Daily Std Dev | 17.37% | 10.48% |
| Max Drawdown | -97.55% | -60.18% |
| Current Drawdown | -97.54% | -0.59% |
Correlation
The correlation between PSQ and IUSV is -0.74. 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. IUSV - Performance Comparison
In the year-to-date period, PSQ achieves a -16.32% return, which is significantly lower than IUSV's 17.75% return. Over the past 10 years, PSQ has underperformed IUSV with an annualized return of -17.64%, while IUSV has yielded a comparatively higher 10.61% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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PSQ vs. IUSV - Expense Ratio Comparison
PSQ has a 0.95% expense ratio, which is higher than IUSV's 0.04% expense ratio.
Risk-Adjusted Performance
PSQ vs. IUSV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Short QQQ (PSQ) and iShares Core S&P U.S. Value ETF (IUSV). 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. IUSV - Dividend Comparison
PSQ's dividend yield for the trailing twelve months is around 7.73%, more than IUSV's 1.90% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PSQ ProShares Short QQQ | 7.73% | 6.01% | 0.35% | 0.00% | 0.31% | 1.75% | 0.94% | 0.02% | 0.00% | 0.00% | 0.00% | 0.00% |
IUSV iShares Core S&P U.S. Value ETF | 1.90% | 1.75% | 2.22% | 1.87% | 2.40% | 2.19% | 2.66% | 1.93% | 2.18% | 2.54% | 1.86% | 1.95% |
Drawdowns
PSQ vs. IUSV - Drawdown Comparison
The maximum PSQ drawdown since its inception was -97.55%, which is greater than IUSV's maximum drawdown of -60.18%. Use the drawdown chart below to compare losses from any high point for PSQ and IUSV. For additional features, visit the drawdowns tool.
Volatility
PSQ vs. IUSV - Volatility Comparison
ProShares Short QQQ (PSQ) has a higher volatility of 4.91% compared to iShares Core S&P U.S. Value ETF (IUSV) at 3.54%. This indicates that PSQ's price experiences larger fluctuations and is considered to be riskier than IUSV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.