RDFN vs. TQQQ
Compare and contrast key facts about Redfin Corporation (RDFN) and ProShares UltraPro QQQ (TQQQ).
TQQQ is a passively managed fund by ProShares that tracks the performance of the NASDAQ-100 Index (300%). It was launched on Feb 9, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RDFN or TQQQ.
Key characteristics
| RDFN | TQQQ | |
|---|---|---|
| YTD Return | -4.55% | 64.66% |
| 1Y Return | 84.80% | 105.67% |
| 3Y Return (Ann) | -41.34% | 1.05% |
| 5Y Return (Ann) | -13.32% | 35.97% |
| Sharpe Ratio | 1.03 | 2.30 |
| Sortino Ratio | 2.01 | 2.61 |
| Omega Ratio | 1.22 | 1.35 |
| Calmar Ratio | 0.92 | 2.23 |
| Martin Ratio | 2.89 | 9.63 |
| Ulcer Index | 30.07% | 12.40% |
| Daily Std Dev | 84.92% | 51.72% |
| Max Drawdown | -96.61% | -81.66% |
| Current Drawdown | -89.80% | -3.64% |
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
In the year-to-date period, RDFN achieves a -4.55% return, which is significantly lower than TQQQ's 64.66% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
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.
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 1.15%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
TQQQ ProShares UltraPro QQQ | 1.15% | 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. For additional features, visit the drawdowns tool.
Volatility
RDFN vs. TQQQ - Volatility Comparison
Redfin Corporation (RDFN) has a higher volatility of 25.05% compared to ProShares UltraPro QQQ (TQQQ) at 15.48%. This indicates that RDFN's price experiences larger fluctuations and is considered to be riskier than TQQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.