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RDFN vs. TQQQ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between RDFN and TQQQ is 0.40, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Performance

RDFN vs. TQQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Redfin Corporation (RDFN) and ProShares UltraPro QQQ (TQQQ). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Daily Std Dev

RDFN:

30.83%

TQQQ:

38.97%

Max Drawdown

RDFN:

-5.42%

TQQQ:

-2.84%

Current Drawdown

RDFN:

-5.42%

TQQQ:

-0.24%

Returns By Period


RDFN

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

TQQQ

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

*Annualized

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Risk-Adjusted Performance

RDFN vs. TQQQ — Risk-Adjusted Performance Rank

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

RDFN
The Risk-Adjusted Performance Rank of RDFN is 7070
Overall Rank
The Sharpe Ratio Rank of RDFN is 6161
Sharpe Ratio Rank
The Sortino Ratio Rank of RDFN is 7979
Sortino Ratio Rank
The Omega Ratio Rank of RDFN is 7373
Omega Ratio Rank
The Calmar Ratio Rank of RDFN is 6969
Calmar Ratio Rank
The Martin Ratio Rank of RDFN is 6666
Martin Ratio Rank

TQQQ
The Risk-Adjusted Performance Rank of TQQQ is 2929
Overall Rank
The Sharpe Ratio Rank of TQQQ is 2020
Sharpe Ratio Rank
The Sortino Ratio Rank of TQQQ is 4242
Sortino Ratio Rank
The Omega Ratio Rank of TQQQ is 4242
Omega Ratio Rank
The Calmar Ratio Rank of TQQQ is 2121
Calmar Ratio Rank
The Martin Ratio Rank of TQQQ is 2121
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

RDFN vs. TQQQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Redfin Corporation (RDFN) and ProShares UltraPro QQQ (TQQQ). 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.



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Dividends

RDFN vs. TQQQ - Dividend Comparison

RDFN has not paid dividends to shareholders, while TQQQ's dividend yield for the trailing twelve months is around 1.67%.


TTM20242023202220212020201920182017201620152014
RDFN
Redfin Corporation
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
TQQQ
ProShares UltraPro QQQ
1.67%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

RDFN vs. TQQQ - Drawdown Comparison

The maximum RDFN drawdown since its inception was -5.42%, which is greater than TQQQ's maximum drawdown of -2.84%. Use the drawdown chart below to compare losses from any high point for RDFN and TQQQ. For additional features, visit the drawdowns tool.


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Volatility

RDFN vs. TQQQ - Volatility Comparison


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