QQQP vs. TEMT

Last updated Jun 3, 2026

QQQP (Tradr 2X Long Triple Q Quarterly ETF) and TEMT (Tradr 2X Long TEM Daily ETF) are both Leveraged Equities funds from Tradr. Both are actively managed. Over the past year, QQQP returned 77.97% vs -64.33% for TEMT. At a 0.41 correlation, their price movements are largely independent. Both charge a 1.30% expense ratio.

Performance

QQQP vs. TEMT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tradr 2X Long Triple Q Quarterly ETF (QQQP) and Tradr 2X Long TEM Daily ETF (TEMT). 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 TEMT's -43.64% return.

QQQP

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

TEMT

• 1D: -11.72%
• 1M: -21.43%
• YTD: -43.64%
• 6M: -64.88%
• 1Y: -64.33%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

QQQP vs. TEMT - Yearly Performance Comparison

	2026 (YTD)	2025
QQQP Tradr 2X Long Triple Q Quarterly ETF	36.32%	33.94%
TEMT Tradr 2X Long TEM Daily ETF	-43.64%	-51.84%

Correlation

The correlation between QQQP and TEMT is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.42
Correlation (All Time) Calculated using the full available price history since May 14, 2025	0.41

Return for Risk

QQQP vs. TEMT — 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

TEMT

TEMT Risk / Return Rank: 5
TEMT Sharpe Ratio Rank: 4
TEMT Sortino Ratio Rank: 5
TEMT Omega Ratio Rank: 6
TEMT Calmar Ratio Rank: 3
TEMT Martin Ratio Rank: 4

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. TEMT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long Triple Q Quarterly ETF (QQQP) and Tradr 2X Long TEM Daily ETF (TEMT). 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	TEMT	Difference
Sharpe ratio Return per unit of total volatility	2.45	-0.51	+2.96
Sortino ratio Return per unit of downside risk	2.94	-0.31	+3.25
Omega ratio Gain probability vs. loss probability	1.38	0.97	+0.41
Calmar ratio Return relative to maximum drawdown	3.17	-0.62	+3.79
Martin ratio Return relative to average drawdown	11.62	-0.94	+12.56
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. TEMT - Sharpe Ratio Comparison

The current QQQP Sharpe Ratio is 2.45, which is higher than the TEMT Sharpe Ratio of -0.51. The chart below compares the historical Sharpe Ratios of QQQP and TEMT, 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	TEMT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.45	-0.51	+2.96
Sharpe Ratio (All Time) Calculated using the full available price history	1.15	-0.53	+1.69

Drawdowns

QQQP vs. TEMT - Drawdown Comparison

The maximum QQQP drawdown since its inception was -42.50%, smaller than the maximum TEMT drawdown of -87.10%. Use the drawdown chart below to compare losses from any high point for QQQP and TEMT.

Drawdown Indicators

	QQQP	TEMT	Difference
Max Drawdown Largest peak-to-trough decline	-42.50%	-87.10%	+44.60%
Max Drawdown (1Y) Largest decline over 1 year	-25.35%	-87.10%	+61.75%
Current Drawdown Current decline from peak	0.00%	-83.52%	+83.52%
Average Drawdown Average peak-to-trough decline	-7.35%	-48.75%	+41.40%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.92%	56.91%	-49.99%

Volatility

QQQP vs. TEMT - Volatility Comparison

The current volatility for Tradr 2X Long Triple Q Quarterly ETF (QQQP) is 8.99%, while Tradr 2X Long TEM Daily ETF (TEMT) has a volatility of 33.05%. This indicates that QQQP experiences smaller price fluctuations and is considered to be less risky than TEMT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QQQP	TEMT	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.99%	33.05%	-24.06%
Volatility (6M) Calculated over the trailing 6-month period	24.63%	84.99%	-60.36%
Volatility (1Y) Calculated over the trailing 1-year period	32.06%	128.90%	-96.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	43.85%	134.14%	-90.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	43.85%	134.14%	-90.29%

QQQP vs. TEMT - Expense Ratio Comparison

Both QQQP and TEMT have an expense ratio of 1.30%.

Dividends

QQQP vs. TEMT - Dividend Comparison

QQQP has not paid dividends to shareholders, while TEMT's dividend yield for the trailing twelve months is around 59.62%.

Position	TTM	2025
QQQP Tradr 2X Long Triple Q Quarterly ETF	0.00%	0.00%
TEMT Tradr 2X Long TEM Daily ETF	59.62%	33.60%

Frequently Asked Questions

Can I hold both QQQP and TEMT in my portfolio?

QQQP and TEMT 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, QQQP or TEMT?

TEMT has higher volatility (33.05%) compared to QQQP (8.99%). In terms of maximum drawdown, QQQP dropped -42.50% vs TEMT's -87.10%.

Which ETF is better, QQQP or TEMT?

On 1-year performance, QQQP leads with 77.97% vs -64.33% for TEMT. Both ETFs have the same 1.30% expense ratio. On volatility, QQQP has been the lower-risk option at 8.99%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, QQQP or TEMT?

Over the 1-year period, QQQP has performed better with a 77.97% return vs -64.33%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, QQQP or TEMT?

QQQP and TEMT have the same expense ratio: 1.30% per year.

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

TEMT has the higher dividend yield at 59.62%, compared with 0.00% for QQQP.

Which has better risk-adjusted returns?

QQQP currently has the higher Sharpe Ratio (2.45 vs -0.51), 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.