QID vs. COTG
QID (ProShares UltraShort QQQ) and COTG (Leverage Shares 2X Long COST Daily ETF) are both Leveraged Equities funds. QID is passively managed, while COTG is actively managed. At a 0.08 correlation, their price movements are largely independent. QID charges 0.95%/yr vs 0.75%/yr for COTG.
Performance
QID vs. COTG - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, QID achieves a -31.33% return, which is significantly lower than COTG's 17.32% return.
QID
- 1D
- 1.03%
- 1M
- -15.20%
- YTD
- -31.33%
- 6M
- -29.30%
- 1Y
- -47.99%
- 3Y*
- -39.14%
- 5Y*
- -32.35%
- 10Y*
- -38.80%
COTG
- 1D
- 1.39%
- 1M
- -11.21%
- YTD
- 17.32%
- 6M
- 1.51%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
QID vs. COTG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
QID ProShares UltraShort QQQ | -31.33% | -5.97% |
COTG Leverage Shares 2X Long COST Daily ETF | 17.32% | -21.71% |
Correlation
The correlation between QID and COTG is 0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Sep 19, 2025 | 0.08 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
QID vs. COTG — Risk / Return Rank
QID
COTG
QID vs. COTG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares UltraShort QQQ (QID) and Leverage Shares 2X Long COST Daily ETF (COTG). 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.
| QID | COTG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 0.73 | — | — |
| Calmar ratioReturn relative to maximum drawdown | -0.97 | — | — |
| Martin ratioReturn relative to average drawdown | -1.91 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| QID | COTG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -1.51 | — | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.73 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.87 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.81 | -0.28 | -0.52 |
Drawdowns
QID vs. COTG - Drawdown Comparison
The maximum QID drawdown since its inception was -99.99%, which is greater than COTG's maximum drawdown of -25.69%. Use the drawdown chart below to compare losses from any high point for QID and COTG.
Loading charts...
Drawdown Indicators
| QID | COTG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.99% | -25.69% | -74.30% |
Max Drawdown (1Y)Largest decline over 1 year | -49.58% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -79.41% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -88.67% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -99.37% | — | — |
Current DrawdownCurrent decline from peak | -99.99% | -23.48% | -76.51% |
Average DrawdownAverage peak-to-trough decline | -87.01% | -8.35% | -78.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 25.10% | — | — |
Volatility
QID vs. COTG - Volatility Comparison
Loading charts...
Volatility by Period
| QID | COTG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.00% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 24.28% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 31.91% | 40.65% | -8.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 44.75% | 40.65% | +4.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 44.53% | 40.65% | +3.88% |
QID vs. COTG - Expense Ratio Comparison
QID has a 0.95% expense ratio, which is higher than COTG's 0.75% expense ratio.
Dividends
QID vs. COTG - Dividend Comparison
QID's dividend yield for the trailing twelve months is around 7.56%, while COTG has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
COTG Leverage Shares 2X Long COST Daily ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QID ProShares UltraShort QQQ | 7.56% | 6.25% | 7.99% | 5.63% | 0.15% | 0.00% | 0.92% | 2.54% | 1.38% | 0.08% |
Frequently Asked Questions
QID and COTG have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, COTG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.
COTG is cheaper with a 0.75% expense ratio, compared with 0.95% for QID.
QID has the higher dividend yield at 7.56%, compared with 0.00% for COTG.
They also come from different issuers: ProShares and Leverage Shares. Their fees differ too: 0.95% for QID and 0.75% for COTG.
Find the right allocation for QID and COTG
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer