ROM vs. SQQQ
Compare and contrast key facts about ProShares Ultra Technology (ROM) and ProShares UltraPro Short QQQ (SQQQ).
ROM and SQQQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ROM is a passively managed fund by ProShares that tracks the performance of the Dow Jones U.S. Technology Index (200%). It was launched on Jan 30, 2007. SQQQ is a passively managed fund by ProShares that tracks the performance of the NASDAQ-100 Index (-300%). It was launched on Feb 9, 2010. Both ROM and SQQQ are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
ROM vs. SQQQ - Performance Comparison
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ROM vs. SQQQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ROM ProShares Ultra Technology | -16.84% | 35.63% | 31.65% | 130.70% | -63.86% | 77.75% | 80.42% | 102.10% | -9.89% | 81.11% |
SQQQ ProShares UltraPro Short QQQ | 18.46% | -53.05% | -49.79% | -73.61% | 82.40% | -60.87% | -86.40% | -65.92% | -20.83% | -58.67% |
Returns By Period
In the year-to-date period, ROM achieves a -16.84% return, which is significantly lower than SQQQ's 18.46% return. Over the past 10 years, ROM has outperformed SQQQ with an annualized return of 31.73%, while SQQQ has yielded a comparatively lower -52.52% annualized return.
ROM
- 1D
- 8.36%
- 1M
- -8.93%
- YTD
- -16.84%
- 6M
- -15.35%
- 1Y
- 47.16%
- 3Y*
- 31.37%
- 5Y*
- 14.97%
- 10Y*
- 31.73%
SQQQ
- 1D
- -9.99%
- 1M
- 14.53%
- YTD
- 18.46%
- 6M
- 9.00%
- 1Y
- -55.48%
- 3Y*
- -48.73%
- 5Y*
- -42.26%
- 10Y*
- -52.52%
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ROM vs. SQQQ - Expense Ratio Comparison
Both ROM and SQQQ have an expense ratio of 0.95%.
Return for Risk
ROM vs. SQQQ — Risk / Return Rank
ROM
SQQQ
ROM vs. SQQQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra Technology (ROM) and ProShares UltraPro Short QQQ (SQQQ). 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.
| ROM | SQQQ | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.88 | -0.83 | +1.71 |
Sortino ratioReturn per unit of downside risk | 1.49 | -1.11 | +2.60 |
Omega ratioGain probability vs. loss probability | 1.21 | 0.85 | +0.36 |
Calmar ratioReturn relative to maximum drawdown | 1.48 | -0.74 | +2.22 |
Martin ratioReturn relative to average drawdown | 4.42 | -0.85 | +5.27 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| ROM | SQQQ | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.88 | -0.83 | +1.71 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.29 | -0.64 | +0.93 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.64 | -0.80 | +1.44 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.44 | -0.84 | +1.28 |
Correlation
The correlation between ROM and SQQQ is -0.96. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Dividends
ROM vs. SQQQ - Dividend Comparison
ROM's dividend yield for the trailing twelve months is around 0.29%, less than SQQQ's 5.77% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ROM ProShares Ultra Technology | 0.29% | 0.24% | 0.21% | 0.01% | 0.00% | 0.00% | 0.05% | 0.16% | 0.30% | 0.08% | 0.20% | 0.12% |
SQQQ ProShares UltraPro Short QQQ | 5.77% | 9.36% | 10.23% | 8.01% | 0.28% | 0.00% | 2.15% | 2.92% | 1.47% | 0.14% | 0.00% | 0.00% |
Drawdowns
ROM vs. SQQQ - Drawdown Comparison
The maximum ROM drawdown since its inception was -83.36%, smaller than the maximum SQQQ drawdown of -100.00%. Use the drawdown chart below to compare losses from any high point for ROM and SQQQ.
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Drawdown Indicators
| ROM | SQQQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -83.36% | -100.00% | +16.64% |
Max Drawdown (1Y)Largest decline over 1 year | -32.33% | -75.23% | +42.90% |
Max Drawdown (5Y)Largest decline over 5 years | -67.55% | -95.36% | +27.81% |
Max Drawdown (10Y)Largest decline over 10 years | -67.55% | -99.96% | +32.41% |
Current DrawdownCurrent decline from peak | -26.67% | -100.00% | +73.33% |
Average DrawdownAverage peak-to-trough decline | -21.02% | -92.32% | +71.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.81% | 65.25% | -54.44% |
Volatility
ROM vs. SQQQ - Volatility Comparison
The current volatility for ProShares Ultra Technology (ROM) is 16.01%, while ProShares UltraPro Short QQQ (SQQQ) has a volatility of 19.67%. This indicates that ROM experiences smaller price fluctuations and is considered to be less risky than SQQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ROM | SQQQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.01% | 19.67% | -3.66% |
Volatility (6M)Calculated over the trailing 6-month period | 32.95% | 38.04% | -5.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 53.78% | 67.28% | -13.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 51.32% | 66.67% | -15.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 49.50% | 65.97% | -16.47% |