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

Correlation

The correlation between RDFN and TQQQ is 0.45, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


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.

Loading data...

Key characteristics

Sharpe Ratio

RDFN:

0.51

TQQQ:

0.21

Sortino Ratio

RDFN:

1.93

TQQQ:

0.76

Omega Ratio

RDFN:

1.23

TQQQ:

1.10

Calmar Ratio

RDFN:

0.69

TQQQ:

0.21

Martin Ratio

RDFN:

2.10

TQQQ:

0.54

Ulcer Index

RDFN:

31.04%

TQQQ:

22.64%

Daily Std Dev

RDFN:

103.24%

TQQQ:

75.99%

Max Drawdown

RDFN:

-96.61%

TQQQ:

-81.66%

Current Drawdown

RDFN:

-89.85%

TQQQ:

-22.76%

Returns By Period

In the year-to-date period, RDFN achieves a 24.52% return, which is significantly higher than TQQQ's -9.24% return.


RDFN

YTD

24.52%

1M

2.19%

6M

1.14%

1Y

52.17%

3Y*

-2.67%

5Y*

-21.35%

10Y*

N/A

TQQQ

YTD

-9.24%

1M

20.49%

6M

-12.63%

1Y

16.05%

3Y*

32.32%

5Y*

28.02%

10Y*

31.85%

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Redfin Corporation

ProShares UltraPro QQQ

Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

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 7777
Overall Rank
The Sharpe Ratio Rank of RDFN is 7070
Sharpe Ratio Rank
The Sortino Ratio Rank of RDFN is 8484
Sortino Ratio Rank
The Omega Ratio Rank of RDFN is 7979
Omega Ratio Rank
The Calmar Ratio Rank of RDFN is 7777
Calmar Ratio Rank
The Martin Ratio Rank of RDFN is 7373
Martin Ratio Rank

TQQQ
The Risk-Adjusted Performance Rank of TQQQ is 3232
Overall Rank
The Sharpe Ratio Rank of TQQQ is 2424
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 2828
Calmar Ratio Rank
The Martin Ratio Rank of TQQQ is 2424
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.


The current RDFN Sharpe Ratio is 0.51, which is higher than the TQQQ Sharpe Ratio of 0.21. The chart below compares the historical Sharpe Ratios of RDFN and TQQQ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Loading data...

Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

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 1.38%.


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
1.38%1.27%1.26%0.57%0.00%0.00%0.06%0.11%0.00%0.00%0.01%0.03%

Drawdowns

RDFN vs. TQQQ - Drawdown Comparison

The maximum RDFN drawdown since its inception was -96.61%, which is greater than TQQQ's maximum drawdown of -81.66%. Use the drawdown chart below to compare losses from any high point for RDFN and TQQQ.


Loading data...

Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

RDFN vs. TQQQ - Volatility Comparison

The current volatility for Redfin Corporation (RDFN) is 14.75%, while ProShares UltraPro QQQ (TQQQ) has a volatility of 16.29%. This indicates that RDFN experiences smaller price fluctuations and is considered to be less risky than TQQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


Loading data...