ROM vs. LQQ.PA

Last updated Jun 16, 2026

ROM (ProShares Ultra Technology) and LQQ.PA (Lyxor UCITS NASDAQ-100 Daily Leverage) are both exchange-traded funds - ROM is a Leveraged Equities fund tracking the Dow Jones U.S. Technology Index (200%), while LQQ.PA is a Nasdaq-100 fund tracking the Nasdaq 100® Leverage (2x) index. Both are passively managed. Over the past 3 years, ROM returned 52.64%/yr vs 45.59%/yr for LQQ.PA. A 0.63 correlation means they provide meaningful diversification when combined. ROM charges 0.95%/yr vs 0.60%/yr for LQQ.PA.

Performance

ROM vs. LQQ.PA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares Ultra Technology (ROM) and Lyxor UCITS NASDAQ-100 Daily Leverage (LQQ.PA). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

ROM is traded in USD, while LQQ.PA is traded in EUR. To make them comparable, the LQQ.PA values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, ROM achieves a 67.66% return, which is significantly higher than LQQ.PA's 38.52% return.

ROM

• 1D: 7.62%
• 1M: 16.55%
• YTD: 67.66%
• 6M: 71.14%
• 1Y: 133.22%
• 3Y*: 52.64%
• 5Y*: 29.24%
• 10Y*: 42.53%

LQQ.PA

• 1D: 5.65%
• 1M: 7.74%
• YTD: 38.52%
• 6M: 40.94%
• 1Y: 81.81%
• 3Y*: 45.59%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ROM vs. LQQ.PA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
ROM ProShares Ultra Technology	67.66%	35.63%	31.65%	86.78%
LQQ.PA Lyxor UCITS NASDAQ-100 Daily Leverage	38.52%	29.49%	47.29%	82.44%

Correlation

The correlation between ROM and LQQ.PA is 0.73, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.73
Correlation (3Y) Calculated over the trailing 3-year period	0.63
Correlation (All Time) Calculated using the full available price history since Mar 10, 2023	0.63

The correlation between ROM and LQQ.PA has been stable across timeframes, ranging from 0.63 to 0.73 - a consistent structural relationship.

Return for Risk

ROM vs. LQQ.PA — Risk / Return Rank

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

ROM

ROM Risk / Return Rank: 80
ROM Sharpe Ratio Rank: 92
ROM Sortino Ratio Rank: 76
ROM Omega Ratio Rank: 78
ROM Calmar Ratio Rank: 84
ROM Martin Ratio Rank: 72

LQQ.PA

LQQ.PA Risk / Return Rank: 76
LQQ.PA Sharpe Ratio Rank: 86
LQQ.PA Sortino Ratio Rank: 76
LQQ.PA Omega Ratio Rank: 75
LQQ.PA Calmar Ratio Rank: 78
LQQ.PA Martin Ratio Rank: 67

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ROM vs. LQQ.PA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra Technology (ROM) and Lyxor UCITS NASDAQ-100 Daily Leverage (LQQ.PA). 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.

	ROM	LQQ.PA	Difference
Sharpe ratio: Return per unit of total volatility	2.93	2.48	+0.45
Sortino ratio: Return per unit of downside risk	3.06	3.10	-0.04
Omega ratio: Gain probability vs. loss probability	1.41	1.39	+0.03
Calmar ratio: Return relative to maximum drawdown	4.15	3.53	+0.62
Martin ratio: Return relative to average drawdown	12.28	11.73	+0.55

ROM vs. LQQ.PA - Sharpe Ratio Comparison

The current ROM Sharpe Ratio is 2.93, which is comparable to the LQQ.PA Sharpe Ratio of 2.48. The chart below compares the historical Sharpe Ratios of ROM and LQQ.PA, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ROM vs. LQQ.PA - Drawdown Comparison

The maximum ROM drawdown since its inception was -83.36%, which is greater than LQQ.PA's maximum drawdown of -42.34%. Use the drawdown chart below to compare losses from any high point for ROM and LQQ.PA.

Drawdown Indicators

	ROM	LQQ.PA	Difference
Max Drawdown Largest peak-to-trough decline	-83.36%	-42.34%	-41.02%
Max Drawdown (1Y) Largest decline over 1 year	-32.33%	-22.81%	-9.52%
Max Drawdown (3Y) Largest decline over 3 years	-48.10%	-42.34%	-5.76%
Max Drawdown (5Y) Largest decline over 5 years	-67.55%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-67.55%	—	—
Current Drawdown Current decline from peak	-7.56%	-1.42%	-6.14%
Average Drawdown Average peak-to-trough decline	-20.86%	-6.61%	-14.25%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.89%	6.90%	+3.99%

Volatility

ROM vs. LQQ.PA - Volatility Comparison

ProShares Ultra Technology (ROM) has a higher volatility of 23.16% compared to Lyxor UCITS NASDAQ-100 Daily Leverage (LQQ.PA) at 12.75%. This indicates that ROM's price experiences larger fluctuations and is considered to be riskier than LQQ.PA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ROM	LQQ.PA	Difference
Volatility (1M) Calculated over the trailing 1-month period	23.16%	12.75%	+10.41%
Volatility (6M) Calculated over the trailing 6-month period	38.71%	25.30%	+13.41%
Volatility (1Y) Calculated over the trailing 1-year period	45.83%	32.54%	+13.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	52.28%	35.74%	+16.54%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	50.18%	35.74%	+14.44%

ROM vs. LQQ.PA - Expense Ratio Comparison

ROM has a 0.95% expense ratio, which is higher than LQQ.PA's 0.60% expense ratio.

Dividends

ROM vs. LQQ.PA - Dividend Comparison

ROM's dividend yield for the trailing twelve months is around 0.15%, while LQQ.PA has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LQQ.PA Lyxor UCITS NASDAQ-100 Daily Leverage	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
ROM ProShares Ultra Technology	0.15%	0.24%	0.21%	0.01%	0.00%	0.00%	0.05%	0.16%	0.30%	0.08%	0.20%	0.12%

Frequently Asked Questions

Can I hold both ROM and LQQ.PA in my portfolio?

ROM and LQQ.PA have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ROM or LQQ.PA?

On fees, LQQ.PA is cheaper at 0.60% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ROM or LQQ.PA?

LQQ.PA is cheaper with a 0.60% expense ratio, compared with 0.95% for ROM.

What is the main difference between ROM and LQQ.PA?

ROM is categorized as Leveraged Equities, while LQQ.PA is Nasdaq-100. ROM tracks Dow Jones U.S. Technology Index (200%), while LQQ.PA tracks Nasdaq 100® Leverage (2x) index. They also come from different issuers: ProShares and Amundi. Their fees differ too: 0.95% for ROM and 0.60% for LQQ.PA.