QQXL vs. COIG
QQXL (ProShares Ultra QQQ Top 30) and COIG (Leverage Shares 2X Long COIN Daily ETF) are both Leveraged Equities funds. Both are actively managed. A 0.55 correlation means they provide meaningful diversification when combined. QQXL charges 0.95%/yr vs 0.75%/yr for COIG.
Performance
QQXL vs. COIG - Performance Comparison
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Returns By Period
In the year-to-date period, QQXL achieves a 29.93% return, which is significantly higher than COIG's -72.36% return.
QQXL
- 1D
- 1.80%
- 1M
- -7.57%
- YTD
- 29.93%
- 6M
- 25.57%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
COIG
- 1D
- -10.09%
- 1M
- -40.56%
- YTD
- -72.36%
- 6M
- -75.50%
- 1Y
- -91.61%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
QQXL vs. COIG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
QQXL ProShares Ultra QQQ Top 30 | 29.93% | 9.00% |
COIG Leverage Shares 2X Long COIN Daily ETF | -72.36% | -60.16% |
Correlation
The correlation between QQXL and COIG is 0.55, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Aug 15, 2025 | 0.55 |
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Return for Risk
QQXL vs. COIG — Risk / Return Rank
QQXL
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
COIG
QQXL vs. COIG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra QQQ Top 30 (QQXL) and Leverage Shares 2X Long COIN Daily ETF (COIG). 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.
| QQXL | COIG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 0.82 | — |
| Calmar ratioReturn relative to maximum drawdown | — | -0.98 | — |
| Martin ratioReturn relative to average drawdown | — | -1.31 | — |
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Drawdowns
QQXL vs. COIG - Drawdown Comparison
The maximum QQXL drawdown since its inception was -27.34%, smaller than the maximum COIG drawdown of -93.79%. Use the drawdown chart below to compare losses from any high point for QQXL and COIG.
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Drawdown Indicators
| QQXL | COIG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.34% | -93.79% | +66.45% |
Max Drawdown (1Y)Largest decline over 1 year | — | -93.79% | — |
Current DrawdownCurrent decline from peak | -10.07% | -93.79% | +83.72% |
Average DrawdownAverage peak-to-trough decline | -6.81% | -53.42% | +46.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 69.59% | — |
Volatility
QQXL vs. COIG - Volatility Comparison
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Volatility by Period
| QQXL | COIG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 37.32% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 102.67% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 40.52% | 133.89% | -93.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 40.52% | 145.32% | -104.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 40.52% | 145.32% | -104.80% |
QQXL vs. COIG - Expense Ratio Comparison
QQXL has a 0.95% expense ratio, which is higher than COIG's 0.75% expense ratio.
Dividends
QQXL vs. COIG - Dividend Comparison
QQXL's dividend yield for the trailing twelve months is around 0.78%, while COIG has not paid dividends to shareholders.
| Position | TTM | 2025 |
|---|---|---|
COIG Leverage Shares 2X Long COIN Daily ETF | 0.00% | 0.00% |
QQXL ProShares Ultra QQQ Top 30 | 0.78% | 0.08% |
Frequently Asked Questions
QQXL and COIG have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, COIG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.
COIG is cheaper with a 0.75% expense ratio, compared with 0.95% for QQXL.
QQXL has the higher dividend yield at 0.78%, compared with 0.00% for COIG.
They also come from different issuers: ProShares and Leverage Shares. Their fees differ too: 0.95% for QQXL and 0.75% for COIG.
Find the right allocation for QQXL and COIG
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