QBIG vs. USD
QBIG (Invesco Top QQQ ETF) and USD (ProShares Ultra Semiconductors) are both exchange-traded funds - QBIG is a Large Cap Blend Equities fund actively managed by Invesco, while USD is a Leveraged Equities fund tracking the Dow Jones U.S. Semiconductors Index (200%). QBIG is actively managed, while USD is passively managed. Over the past year, QBIG returned 35.53% vs 250.81% for USD. Their correlation of 0.84 suggests significant overlap in exposure. QBIG charges 0.29%/yr vs 0.95%/yr for USD.
Performance
QBIG vs. USD - Performance Comparison
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Returns By Period
In the year-to-date period, QBIG achieves a 8.86% return, which is significantly lower than USD's 103.32% return.
QBIG
- 1D
- 0.06%
- 1M
- 3.57%
- YTD
- 8.86%
- 6M
- 6.25%
- 1Y
- 35.53%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
USD
- 1D
- -4.99%
- 1M
- 31.62%
- YTD
- 103.32%
- 6M
- 97.79%
- 1Y
- 250.81%
- 3Y*
- 125.78%
- 5Y*
- 67.80%
- 10Y*
- 61.24%
QBIG vs. USD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
QBIG Invesco Top QQQ ETF | 8.86% | 21.46% | 3.04% |
USD ProShares Ultra Semiconductors | 103.32% | 62.08% | -4.77% |
Correlation
The correlation between QBIG and USD is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.81 |
Correlation (All Time) Calculated using the full available price history since Dec 5, 2024 | 0.84 |
The correlation between QBIG and USD has been stable across timeframes, ranging from 0.81 to 0.84 - a consistent structural relationship.
QBIG vs. USD - Sectors Allocation Comparison
Sectors
QBIG
USD
Technology
Financial Services
Consumer Cyclical
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Communication Services
-
Basic Materials
-
-
Consumer Defensive
-
-
Energy
-
Healthcare
-
-
Industrials
-
-
Real Estate
-
-
Utilities
-
-
Technology
QBIG
USD
Financial Services
QBIG
USD
Consumer Cyclical
QBIG
USD
-
Communication Services
QBIG
USD
-
Basic Materials
QBIG
-
USD
-
Consumer Defensive
QBIG
-
USD
-
Energy
QBIG
-
USD
Healthcare
QBIG
-
USD
-
Industrials
QBIG
-
USD
-
Real Estate
QBIG
-
USD
-
Utilities
QBIG
-
USD
-
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Return for Risk
QBIG vs. USD — Risk / Return Rank
QBIG
USD
QBIG vs. USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Top QQQ ETF (QBIG) and ProShares Ultra Semiconductors (USD). 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.
| QBIG | USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.28 | ||
| Sortino ratioReturn per unit of downside risk | -1.16 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.48 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | 1.81 | 7.94 | -6.13 |
| Martin ratioReturn relative to average drawdown | 5.66 | 22.96 | -17.30 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| QBIG | USD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.84 | 4.12 | -2.28 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.89 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.89 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.85 | 0.49 | +0.37 |
Drawdowns
QBIG vs. USD - Drawdown Comparison
The maximum QBIG drawdown since its inception was -30.33%, smaller than the maximum USD drawdown of -88.63%. Use the drawdown chart below to compare losses from any high point for QBIG and USD.
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Drawdown Indicators
| QBIG | USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.33% | -88.63% | +58.30% |
Max Drawdown (1Y)Largest decline over 1 year | -19.70% | -31.80% | +12.10% |
Max Drawdown (3Y)Largest decline over 3 years | — | -64.46% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -77.85% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -77.85% | — |
Current DrawdownCurrent decline from peak | -3.28% | -6.07% | +2.79% |
Average DrawdownAverage peak-to-trough decline | -7.01% | -32.35% | +25.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.30% | 10.98% | -4.68% |
Volatility
QBIG vs. USD - Volatility Comparison
The current volatility for Invesco Top QQQ ETF (QBIG) is 5.32%, while ProShares Ultra Semiconductors (USD) has a volatility of 21.29%. This indicates that QBIG experiences smaller price fluctuations and is considered to be less risky than USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| QBIG | USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.32% | 21.29% | -15.97% |
Volatility (6M)Calculated over the trailing 6-month period | 14.63% | 46.74% | -32.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.42% | 61.28% | -41.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.28% | 76.56% | -49.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.28% | 69.24% | -41.96% |
QBIG vs. USD - Expense Ratio Comparison
QBIG has a 0.29% expense ratio, which is lower than USD's 0.95% expense ratio.
Dividends
QBIG vs. USD - Dividend Comparison
QBIG has not paid dividends to shareholders, while USD's dividend yield for the trailing twelve months is around 0.23%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
QBIG Invesco Top QQQ ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
USD ProShares Ultra Semiconductors | 0.23% | 0.39% | 0.10% | 0.05% | 0.30% | 0.00% | 0.14% | 0.72% | 0.93% | 0.32% | 0.46% | 0.39% |
Frequently Asked Questions
QBIG and USD have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
USD has higher volatility (21.29%) compared to QBIG (5.32%). In terms of maximum drawdown, QBIG dropped -30.33% vs USD's -88.63%.
On 1-year performance, USD leads with 250.81% vs 35.53% for QBIG. On fees, QBIG is cheaper at 0.29% per year. On volatility, QBIG has been the lower-risk option at 5.32%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, USD has performed better with a 250.81% return vs 35.53%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
QBIG is cheaper with a 0.29% expense ratio, compared with 0.95% for USD.
USD has the higher dividend yield at 0.23%, compared with 0.00% for QBIG.
QBIG is categorized as Large Cap Blend Equities, while USD is Leveraged Equities. They also come from different issuers: Invesco and ProShares. Their fees differ too: 0.29% for QBIG and 0.95% for USD.
USD currently has the higher Sharpe Ratio (4.12 vs 1.84), 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.
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