RDY vs. PSQ
RDY (Dr. Reddy's Laboratories Limited) is a stock, while PSQ (ProShares Short QQQ) is Inverse Equities fund tracking the NASDAQ-100 Index (-100%). Over the past 10 years, RDY returned 4.69%/yr vs -19.15%/yr for PSQ. At a correlation of -0.32, they often move in opposite directions.
Performance
RDY vs. PSQ - Performance Comparison
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Returns By Period
In the year-to-date period, RDY achieves a -5.27% return, which is significantly higher than PSQ's -14.02% return. Over the past 10 years, RDY has outperformed PSQ with an annualized return of 4.69%, while PSQ has yielded a comparatively lower -19.15% annualized return.
RDY
- 1D
- -0.45%
- 1M
- -1.41%
- YTD
- -5.27%
- 6M
- -5.14%
- 1Y
- -15.30%
- 3Y*
- 5.74%
- 5Y*
- -1.12%
- 10Y*
- 4.69%
PSQ
- 1D
- -0.65%
- 1M
- -0.23%
- YTD
- -14.02%
- 6M
- -14.04%
- 1Y
- -24.40%
- 3Y*
- -17.58%
- 5Y*
- -13.78%
- 10Y*
- -19.15%
RDY vs. PSQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RDY Dr. Reddy's Laboratories Limited | -5.27% | -10.53% | 14.13% | 36.47% | -19.74% | -7.33% | 76.80% | 8.45% | 0.37% | -16.46% |
PSQ ProShares Short QQQ | -14.02% | -15.51% | -15.68% | -32.01% | 36.40% | -24.84% | -41.23% | -27.49% | -2.34% | -24.77% |
Correlation
The correlation between RDY and PSQ is -0.15, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.15 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.18 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.24 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.25 |
Correlation (All Time) Calculated using the full available price history since Jun 21, 2006 | -0.32 |
The correlation between RDY and PSQ shifts across timeframes, from -0.32 (all time) to -0.15 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
RDY vs. PSQ — Risk / Return Rank
RDY
PSQ
RDY vs. PSQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Dr. Reddy's Laboratories Limited (RDY) and ProShares Short QQQ (PSQ). 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.
| RDY | PSQ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.62 | ||
| Sortino ratioReturn per unit of downside risk | +1.11 | ||
| Omega ratioGain probability vs. loss probability | 0.88 | 0.78 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | -0.84 | -0.87 | +0.04 |
| Martin ratioReturn relative to average drawdown | -1.52 | -1.81 | +0.29 |
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Drawdowns
RDY vs. PSQ - Drawdown Comparison
The maximum RDY drawdown since its inception was -60.62%, smaller than the maximum PSQ drawdown of -98.26%. Use the drawdown chart below to compare losses from any high point for RDY and PSQ.
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Drawdown Indicators
| RDY | PSQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.62% | -98.26% | +37.64% |
Max Drawdown (1Y)Largest decline over 1 year | -20.65% | -26.86% | +6.21% |
Max Drawdown (3Y)Largest decline over 3 years | -26.61% | -49.65% | +23.04% |
Max Drawdown (5Y)Largest decline over 5 years | -35.25% | -60.91% | +25.66% |
Max Drawdown (10Y)Largest decline over 10 years | -47.13% | -88.98% | +41.85% |
Current DrawdownCurrent decline from peak | -20.54% | -98.20% | +77.66% |
Average DrawdownAverage peak-to-trough decline | -21.92% | -73.99% | +52.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.31% | 12.96% | +0.35% |
Volatility
RDY vs. PSQ - Volatility Comparison
The current volatility for Dr. Reddy's Laboratories Limited (RDY) is 6.24%, while ProShares Short QQQ (PSQ) has a volatility of 7.39%. This indicates that RDY experiences smaller price fluctuations and is considered to be less risky than PSQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RDY | PSQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.24% | 7.39% | -1.15% |
Volatility (6M)Calculated over the trailing 6-month period | 17.41% | 13.75% | +3.66% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.20% | 17.23% | +5.97% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.26% | 22.59% | +0.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.58% | 22.34% | +4.24% |
Dividends
RDY vs. PSQ - Dividend Comparison
RDY's dividend yield for the trailing twelve months is around 0.69%, less than PSQ's 5.09% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PSQ ProShares Short QQQ | 5.09% | 4.97% | 7.15% | 6.01% | 0.35% | 0.00% | 0.31% | 1.75% | 0.95% | 0.02% | 0.00% | 0.00% |
RDY Dr. Reddy's Laboratories Limited | 0.69% | 0.65% | 0.60% | 1.39% | 1.48% | 1.04% | 0.46% | 0.71% | 0.00% | 0.78% | 0.62% | 0.63% |
Frequently Asked Questions
RDY and PSQ have a correlation of -0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PSQ has higher volatility (7.39%) compared to RDY (6.24%). In terms of maximum drawdown, RDY dropped -60.62% vs PSQ's -98.26%.
RDY currently has the higher Sharpe Ratio (-0.75 vs -1.36), 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.
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