PSQH vs. QQQ

Last updated Aug 1, 2026

PSQH (PSQ Holdings Inc.) is a stock, while QQQ (Invesco QQQ ETF) is Nasdaq-100 fund tracking the NASDAQ-100 Index. Over the past 5 years, PSQH returned -50.89%/yr vs 14.23%/yr for QQQ. Their 0.21 correlation means their historical movements had little consistent relationship.

Performance

PSQH vs. QQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PSQ Holdings Inc. (PSQH) and Invesco QQQ ETF (QQQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PSQH achieves a -73.27% return, which is significantly lower than QQQ's 12.26% return.

PSQH

• 1D: -0.48%
• 1M: -34.40%
• 6M: -65.91%
• YTD: -73.27%
• 1Y: -86.02%
• 3Y*: -72.10%
• 5Y*: -50.89%
• 10Y*: —
• ALL TIME*: -50.45%

QQQ

• 1D: 0.65%
• 1M: -3.45%
• 6M: 10.89%
• YTD: 12.26%
• 1Y: 24.81%
• 3Y*: 22.29%
• 5Y*: 14.23%
• 10Y*: 20.44%
• ALL TIME*: 10.64%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
PSQH PSQ Holdings Inc.	$882.33K	$547.86K	$321.09K
QQQ Invesco QQQ ETF	$30.32B	$28.40B	$31.45B

PSQH vs. QQQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
PSQH PSQ Holdings Inc.	-73.27%	-77.31%	-13.36%	-47.28%	3.11%	-0.10%
QQQ Invesco QQQ ETF	12.26%	20.77%	25.58%	54.86%	-32.58%	10.72%

Correlation

The correlation between PSQH and QQQ is 0.42, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.42
Correlation (3Y) Balances recent behavior with more history.	0.30
Correlation (5Y) Shows whether the relationship held over a longer period.	0.21
Correlation (All Time) Calculated using the full available price history since Jul 7, 2021	0.21

Over the past year, PSQH and QQQ have become more correlated (0.42) than their long-term average of 0.21, meaning their price movements have been converging.

Return for Risk

PSQH vs. QQQ — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

PSQH

PSQH Risk / Return Rank: 7
PSQH Sharpe Ratio Rank: 9
PSQH Sortino Ratio Rank: 4
PSQH Omega Ratio Rank: 5
PSQH Calmar Ratio Rank: 6
PSQH Martin Ratio Rank: 9

QQQ

QQQ Risk / Return Rank: 49
QQQ Sharpe Ratio Rank: 47
QQQ Sortino Ratio Rank: 46
QQQ Omega Ratio Rank: 45
QQQ Calmar Ratio Rank: 53
QQQ Martin Ratio Rank: 52

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

PSQH vs. QQQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PSQ Holdings Inc. (PSQH) and Invesco QQQ ETF (QQQ). 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.

	PSQH	QQQ	Difference
Sharpe ratio: Return per unit of total volatility	-0.80	1.16	-1.96
Sortino ratio: Return per unit of downside risk	-1.86	1.65	-3.51
Omega ratio: Gain probability vs. loss probability	0.79	1.21	-0.41
Calmar ratio: Return relative to maximum drawdown	-0.93	1.88	-2.81
Martin ratio: Return relative to average drawdown	-1.36	6.00	-7.36

PSQH vs. QQQ - Sharpe Ratio Comparison

The current PSQH Sharpe Ratio is -0.80, which is lower than the QQQ Sharpe Ratio of 1.16. The chart below compares the historical Sharpe Ratios of PSQH and QQQ, 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

PSQH vs. QQQ - Drawdown Comparison

The maximum PSQH drawdown since its inception was -99.33%, which is greater than QQQ's maximum drawdown of -82.97%. Use the drawdown chart below to compare losses from any high point for PSQH and QQQ.

Drawdown Indicators

	PSQH	QQQ	Difference
Max Drawdown Largest peak-to-trough decline	-99.33%	-82.97%	-16.36%
Max Drawdown (1Y) Largest decline over 1 year	-92.91%	-11.96%	-80.95%
Max Drawdown (3Y) Largest decline over 3 years	-98.36%	-22.77%	-75.59%
Max Drawdown (5Y) Largest decline over 5 years	-99.33%	-35.12%	-64.21%
Max Drawdown (10Y) Largest decline over 10 years	—	-35.12%	—
Current Drawdown Current decline from peak	-99.08%	-7.69%	-91.39%
Average Drawdown Average peak-to-trough decline	-53.13%	-32.62%	-20.51%
Ulcer Index Depth and duration of drawdowns from previous peaks	63.66%	3.74%	+59.92%

Volatility

PSQH vs. QQQ - Volatility Comparison

PSQ Holdings Inc. (PSQH) has a higher volatility of 51.24% compared to Invesco QQQ ETF (QQQ) at 6.87%. This indicates that PSQH's price experiences larger fluctuations and is considered to be riskier than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PSQH	QQQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	51.24%	6.87%	+44.37%
Volatility (6M) Calculated over the trailing 6-month period	81.35%	16.08%	+65.27%
Volatility (1Y) Calculated over the trailing 1-year period	107.64%	19.38%	+88.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	153.80%	22.90%	+130.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	152.70%	22.50%	+130.20%

Dividends

PSQH vs. QQQ - Dividend Comparison

PSQH has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.44%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PSQH PSQ Holdings Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
QQQ Invesco QQQ ETF	0.44%	0.45%	0.56%	0.62%	0.80%	0.43%	0.55%	0.74%	0.91%	0.84%	1.06%	0.99%

Frequently Asked Questions

Can I hold both PSQH and QQQ in my portfolio?

PSQH and QQQ have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PSQH or QQQ?

PSQH has higher volatility (51.24%) compared to QQQ (6.87%). In terms of maximum drawdown, PSQH dropped -99.33% vs QQQ's -82.97%.

Which has better risk-adjusted returns?

QQQ currently has the higher Sharpe Ratio (1.16 vs -0.80), 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.