QQQ vs. TRX-USD
QQQ (Invesco QQQ ETF) is Nasdaq-100 fund tracking the NASDAQ-100 Index, while TRX-USD (Tronix) is a cryptocurrency. Over the past 5 years, QQQ returned 16.85%/yr vs 34.40%/yr for TRX-USD. At a 0.13 correlation, their price movements are largely independent.
Performance
QQQ vs. TRX-USD - Performance Comparison
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Returns By Period
In the year-to-date period, QQQ achieves a 17.57% return, which is significantly higher than TRX-USD's 11.24% return.
QQQ
- 1D
- 0.59%
- 1M
- 0.22%
- YTD
- 17.57%
- 6M
- 17.85%
- 1Y
- 37.55%
- 3Y*
- 26.43%
- 5Y*
- 16.85%
- 10Y*
- 21.79%
TRX-USD
- 1D
- 0.23%
- 1M
- -10.66%
- YTD
- 11.24%
- 6M
- 16.57%
- 1Y
- 17.12%
- 3Y*
- 64.55%
- 5Y*
- 34.40%
- 10Y*
- —
QQQ vs. TRX-USD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
QQQ Invesco QQQ ETF | 17.57% | 20.77% | 25.58% | 54.86% | -32.58% | 27.42% | 48.62% | 38.96% | -0.13% | 7.24% |
TRX-USD Tronix | 11.24% | 11.86% | 135.87% | 97.75% | -27.86% | 180.88% | 102.08% | -29.71% | -57.23% | 2,056.30% |
Correlation
The correlation between QQQ and TRX-USD is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.20 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.12 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Sep 12, 2017 | 0.13 |
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Return for Risk
QQQ vs. TRX-USD — Risk / Return Rank
QQQ
TRX-USD
QQQ vs. TRX-USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco QQQ ETF (QQQ) and Tronix (TRX-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.
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.
| QQQ | TRX-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.50 | ||
| Sortino ratioReturn per unit of downside risk | +1.76 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.11 | +0.26 |
| Calmar ratioReturn relative to maximum drawdown | 3.01 | 0.64 | +2.36 |
| Martin ratioReturn relative to average drawdown | 11.22 | 1.14 | +10.09 |
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Drawdowns
QQQ vs. TRX-USD - Drawdown Comparison
The maximum QQQ drawdown since its inception was -82.97%, smaller than the maximum TRX-USD drawdown of -95.89%. Use the drawdown chart below to compare losses from any high point for QQQ and TRX-USD.
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Drawdown Indicators
| QQQ | TRX-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -82.97% | -95.89% | +12.92% |
Max Drawdown (1Y)Largest decline over 1 year | -11.96% | -26.58% | +14.62% |
Max Drawdown (3Y)Largest decline over 3 years | -22.77% | -50.98% | +28.21% |
Max Drawdown (5Y)Largest decline over 5 years | -35.12% | -59.60% | +24.48% |
Max Drawdown (10Y)Largest decline over 10 years | -35.12% | — | — |
Current DrawdownCurrent decline from peak | -3.33% | -27.00% | +23.67% |
Average DrawdownAverage peak-to-trough decline | -32.75% | -62.47% | +29.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.20% | 13.82% | -10.62% |
Volatility
QQQ vs. TRX-USD - Volatility Comparison
The current volatility for Invesco QQQ ETF (QQQ) is 7.56%, while Tronix (TRX-USD) has a volatility of 8.57%. This indicates that QQQ experiences smaller price fluctuations and is considered to be less risky than TRX-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| QQQ | TRX-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.56% | 8.57% | -1.01% |
Volatility (6M)Calculated over the trailing 6-month period | 13.81% | 17.91% | -4.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.19% | 23.82% | -6.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.55% | 58.42% | -35.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.38% | 110.20% | -87.82% |
Frequently Asked Questions
QQQ and TRX-USD have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TRX-USD has higher volatility (8.57%) compared to QQQ (7.56%). In terms of maximum drawdown, QQQ dropped -82.97% vs TRX-USD's -95.89%.
QQQ currently has the higher Sharpe Ratio (2.09 vs 0.60), 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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