QQQP vs. PST

Last updated Jun 3, 2026

QQQP (Tradr 2X Long Triple Q Quarterly ETF) and PST (ProShares UltraShort 7-10 Year Treasury) are both exchange-traded funds - QQQP is a Leveraged Equities fund actively managed by Tradr, while PST is a Inverse Bonds fund tracking the ICE U.S. Treasury 7-10 Year Bond Index. QQQP is actively managed, while PST is passively managed. Over the past year, QQQP returned 77.97% vs 0.82% for PST. At a correlation of -0.02, they often move in opposite directions. QQQP charges 1.30%/yr vs 0.95%/yr for PST.

Performance

QQQP vs. PST - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tradr 2X Long Triple Q Quarterly ETF (QQQP) and ProShares UltraShort 7-10 Year Treasury (PST). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, QQQP achieves a 36.32% return, which is significantly higher than PST's 4.04% return.

QQQP

• 1D: 0.84%
• 1M: 18.29%
• YTD: 36.32%
• 6M: 32.45%
• 1Y: 77.97%
• 3Y*: —
• 5Y*: —
• 10Y*: —

PST

• 1D: -0.11%
• 1M: 1.09%
• YTD: 4.04%
• 6M: 5.80%
• 1Y: 0.82%
• 3Y*: 5.41%
• 5Y*: 8.87%
• 10Y*: 2.42%

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

QQQP vs. PST - Yearly Performance Comparison

	2026 (YTD)	2025	2024
QQQP Tradr 2X Long Triple Q Quarterly ETF	36.32%	30.21%	10.88%
PST ProShares UltraShort 7-10 Year Treasury	4.04%	-4.42%	12.35%

Correlation

The correlation between QQQP and PST is -0.14, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.14
Correlation (All Time) Calculated using the full available price history since Oct 2, 2024	-0.02

The correlation between QQQP and PST shifts across timeframes, from -0.14 (1 year) to -0.02 (all time), reflecting how their relationship changes across market environments.

Return for Risk

QQQP vs. PST — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

QQQP

QQQP Risk / Return Rank: 64
QQQP Sharpe Ratio Rank: 73
QQQP Sortino Ratio Rank: 62
QQQP Omega Ratio Rank: 61
QQQP Calmar Ratio Rank: 62
QQQP Martin Ratio Rank: 63

PST

PST Risk / Return Rank: 10
PST Sharpe Ratio Rank: 10
PST Sortino Ratio Rank: 9
PST Omega Ratio Rank: 9
PST Calmar Ratio Rank: 11
PST Martin Ratio Rank: 10

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

QQQP vs. PST - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long Triple Q Quarterly ETF (QQQP) and ProShares UltraShort 7-10 Year Treasury (PST). 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.

	QQQP	PST	Difference
Sharpe ratio Return per unit of total volatility	2.45	0.09	+2.36
Sortino ratio Return per unit of downside risk	2.94	0.19	+2.75
Omega ratio Gain probability vs. loss probability	1.38	1.02	+0.36
Calmar ratio Return relative to maximum drawdown	3.17	0.20	+2.97
Martin ratio Return relative to average drawdown	11.62	0.35	+11.27
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

QQQP vs. PST - Sharpe Ratio Comparison

The current QQQP Sharpe Ratio is 2.45, which is higher than the PST Sharpe Ratio of 0.09. The chart below compares the historical Sharpe Ratios of QQQP and PST, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	QQQP	PST	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.45	0.09	+2.36
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.57	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.18	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.15	-0.38	+1.53

Drawdowns

QQQP vs. PST - Drawdown Comparison

The maximum QQQP drawdown since its inception was -42.50%, smaller than the maximum PST drawdown of -79.25%. Use the drawdown chart below to compare losses from any high point for QQQP and PST.

Drawdown Indicators

	QQQP	PST	Difference
Max Drawdown Largest peak-to-trough decline	-42.50%	-79.25%	+36.75%
Max Drawdown (1Y) Largest decline over 1 year	-25.35%	-7.25%	-18.10%
Max Drawdown (3Y) Largest decline over 3 years	—	-16.19%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-16.19%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-36.07%	—
Current Drawdown Current decline from peak	0.00%	-64.31%	+64.31%
Average Drawdown Average peak-to-trough decline	-7.35%	-61.48%	+54.13%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.92%	4.15%	+2.77%

Volatility

QQQP vs. PST - Volatility Comparison

Tradr 2X Long Triple Q Quarterly ETF (QQQP) has a higher volatility of 8.99% compared to ProShares UltraShort 7-10 Year Treasury (PST) at 3.25%. This indicates that QQQP's price experiences larger fluctuations and is considered to be riskier than PST based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QQQP	PST	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.99%	3.25%	+5.74%
Volatility (6M) Calculated over the trailing 6-month period	24.63%	6.84%	+17.79%
Volatility (1Y) Calculated over the trailing 1-year period	32.06%	9.63%	+22.43%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	43.85%	15.60%	+28.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	43.85%	13.32%	+30.53%

QQQP vs. PST - Expense Ratio Comparison

QQQP has a 1.30% expense ratio, which is higher than PST's 0.95% expense ratio.

Dividends

QQQP vs. PST - Dividend Comparison

QQQP has not paid dividends to shareholders, while PST's dividend yield for the trailing twelve months is around 3.10%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
PST ProShares UltraShort 7-10 Year Treasury	3.10%	3.47%	3.61%	3.69%	0.02%	0.00%	0.11%	1.85%	0.66%
QQQP Tradr 2X Long Triple Q Quarterly ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both QQQP and PST in my portfolio?

QQQP and PST have a correlation of -0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, QQQP or PST?

QQQP has higher volatility (8.99%) compared to PST (3.25%). In terms of maximum drawdown, QQQP dropped -42.50% vs PST's -79.25%.

Which ETF is better, QQQP or PST?

On 1-year performance, QQQP leads with 77.97% vs 0.82% for PST. On fees, PST is cheaper at 0.95% per year. On volatility, PST has been the lower-risk option at 3.25%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, QQQP or PST?

Over the 1-year period, QQQP has performed better with a 77.97% return vs 0.82%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, QQQP or PST?

PST is cheaper with a 0.95% expense ratio, compared with 1.30% for QQQP.

Which ETF pays a higher dividend yield, QQQP or PST?

PST has the higher dividend yield at 3.10%, compared with 0.00% for QQQP.

What is the main difference between QQQP and PST?

QQQP is categorized as Leveraged Equities, while PST is Inverse Bonds. They also come from different issuers: Tradr and ProShares. Their fees differ too: 1.30% for QQQP and 0.95% for PST.

Which has better risk-adjusted returns?

QQQP currently has the higher Sharpe Ratio (2.45 vs 0.09), 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.