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PSQ vs. PID
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between PSQ and PID is -0.65. 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.


-0.50.00.51.0-0.6

Performance

PSQ vs. PID - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares Short QQQ (PSQ) and Invesco International Dividend Achievers™ ETF (PID). The values are adjusted to include any dividend payments, if applicable.

-100.00%-50.00%0.00%50.00%100.00%JulyAugustSeptemberOctoberNovemberDecember
-96.44%
116.80%
PSQ
PID

Key characteristics

Sharpe Ratio

PSQ:

-0.94

PID:

0.36

Sortino Ratio

PSQ:

-1.34

PID:

0.57

Omega Ratio

PSQ:

0.85

PID:

1.07

Calmar Ratio

PSQ:

-0.17

PID:

0.50

Martin Ratio

PSQ:

-1.34

PID:

1.60

Ulcer Index

PSQ:

12.52%

PID:

2.68%

Daily Std Dev

PSQ:

17.93%

PID:

11.92%

Max Drawdown

PSQ:

-97.65%

PID:

-66.34%

Current Drawdown

PSQ:

-97.55%

PID:

-8.66%

Returns By Period

In the year-to-date period, PSQ achieves a -16.63% return, which is significantly lower than PID's 2.16% return. Over the past 10 years, PSQ has underperformed PID with an annualized return of -17.53%, while PID has yielded a comparatively higher 4.05% annualized return.


PSQ

YTD

-16.63%

1M

-2.81%

6M

-4.08%

1Y

-16.45%

5Y*

-19.48%

10Y*

-17.53%

PID

YTD

2.16%

1M

-3.80%

6M

4.81%

1Y

3.16%

5Y*

5.05%

10Y*

4.05%

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. PID - Expense Ratio Comparison

PSQ has a 0.95% expense ratio, which is higher than PID's 0.56% expense ratio.


PSQ
ProShares Short QQQ
Expense ratio chart for PSQ: current value at 0.95% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.95%
Expense ratio chart for PID: current value at 0.56% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.56%

Risk-Adjusted Performance

PSQ vs. PID - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Short QQQ (PSQ) and Invesco International Dividend Achievers™ ETF (PID). 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.


Sharpe ratio
The chart of Sharpe ratio for PSQ, currently valued at -0.94, compared to the broader market0.002.004.00-0.940.36
The chart of Sortino ratio for PSQ, currently valued at -1.34, compared to the broader market-2.000.002.004.006.008.0010.00-1.340.57
The chart of Omega ratio for PSQ, currently valued at 0.85, compared to the broader market0.501.001.502.002.503.000.851.07
The chart of Calmar ratio for PSQ, currently valued at -0.17, compared to the broader market0.005.0010.0015.00-0.170.50
The chart of Martin ratio for PSQ, currently valued at -1.34, compared to the broader market0.0020.0040.0060.0080.00100.00-1.341.60
PSQ
PID

The current PSQ Sharpe Ratio is -0.94, which is lower than the PID Sharpe Ratio of 0.36. The chart below compares the historical Sharpe Ratios of PSQ and PID, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-2.00-1.000.001.002.00JulyAugustSeptemberOctoberNovemberDecember
-0.94
0.36
PSQ
PID

Dividends

PSQ vs. PID - Dividend Comparison

PSQ's dividend yield for the trailing twelve months is around 7.76%, more than PID's 3.38% yield.


TTM20232022202120202019201820172016201520142013
PSQ
ProShares Short QQQ
7.76%6.01%0.35%0.00%0.31%1.75%0.94%0.02%0.00%0.00%0.00%0.00%
PID
Invesco International Dividend Achievers™ ETF
3.38%3.31%3.29%3.29%3.17%4.00%3.86%3.46%3.91%4.48%3.92%2.17%

Drawdowns

PSQ vs. PID - Drawdown Comparison

The maximum PSQ drawdown since its inception was -97.65%, which is greater than PID's maximum drawdown of -66.34%. Use the drawdown chart below to compare losses from any high point for PSQ and PID. For additional features, visit the drawdowns tool.


-100.00%-80.00%-60.00%-40.00%-20.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-97.55%
-8.66%
PSQ
PID

Volatility

PSQ vs. PID - Volatility Comparison

ProShares Short QQQ (PSQ) has a higher volatility of 5.17% compared to Invesco International Dividend Achievers™ ETF (PID) at 3.70%. This indicates that PSQ's price experiences larger fluctuations and is considered to be riskier than PID based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%8.00%9.00%JulyAugustSeptemberOctoberNovemberDecember
5.17%
3.70%
PSQ
PID
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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