S vs. TQQQ

Last updated Jun 4, 2026

S (SentinelOne, Inc.) is a stock, while TQQQ (ProShares UltraPro QQQ) is Leveraged Equities fund tracking the NASDAQ-100 Index (300%). Over the past 3 years, S returned 6.64%/yr vs 69.49%/yr for TQQQ. A 0.57 correlation means they provide meaningful diversification when combined.

Performance

S vs. TQQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SentinelOne, Inc. (S) and ProShares UltraPro QQQ (TQQQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, S achieves a 8.67% return, which is significantly lower than TQQQ's 64.46% return.

S

• 1D: -6.05%
• 1M: 4.49%
• YTD: 8.67%
• 6M: -3.89%
• 1Y: -10.19%
• 3Y*: 6.64%
• 5Y*: —
• 10Y*: —

TQQQ

• 1D: -0.76%
• 1M: 33.35%
• YTD: 64.46%
• 6M: 55.93%
• 1Y: 137.89%
• 3Y*: 69.49%
• 5Y*: 28.37%
• 10Y*: 45.33%

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

S vs. TQQQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
S SentinelOne, Inc.	8.67%	-32.43%	-19.10%	88.07%	-71.10%	18.80%
TQQQ ProShares UltraPro QQQ	64.46%	34.35%	58.27%	198.04%	-79.09%	35.78%

Correlation

The correlation between S and TQQQ is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.38
Correlation (3Y) Calculated over the trailing 3-year period	0.51
Correlation (All Time) Calculated using the full available price history since Jul 1, 2021	0.57

The correlation between S and TQQQ shifts across timeframes, from 0.38 (1 year) to 0.57 (all time), reflecting how their relationship changes across market environments.

Return for Risk

S vs. TQQQ — Risk / Return Rank

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

S

S Risk / Return Rank: 31
S Sharpe Ratio Rank: 32
S Sortino Ratio Rank: 30
S Omega Ratio Rank: 30
S Calmar Ratio Rank: 32
S Martin Ratio Rank: 32

TQQQ

TQQQ Risk / Return Rank: 71
TQQQ Sharpe Ratio Rank: 86
TQQQ Sortino Ratio Rank: 65
TQQQ Omega Ratio Rank: 65
TQQQ Calmar Ratio Rank: 73
TQQQ Martin Ratio Rank: 66

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.

S vs. TQQQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SentinelOne, Inc. (S) 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.

	S	TQQQ	Difference
Sharpe ratio: Return per unit of total volatility	-0.22	2.92	-3.13
Sortino ratio: Return per unit of downside risk	0.02	3.09	-3.07
Omega ratio: Gain probability vs. loss probability	1.00	1.40	-0.40
Calmar ratio: Return relative to maximum drawdown	-0.26	3.75	-4.01
Martin ratio: Return relative to average drawdown	-0.49	12.27	-12.76
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

S vs. TQQQ - Sharpe Ratio Comparison

The current S Sharpe Ratio is -0.22, which is lower than the TQQQ Sharpe Ratio of 2.92. The chart below compares the historical Sharpe Ratios of S and TQQQ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	S	TQQQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.22	2.92	-3.13
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.43	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.69	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.28	0.74	-1.02

Drawdowns

S vs. TQQQ - Drawdown Comparison

The maximum S drawdown since its inception was -84.35%, roughly equal to the maximum TQQQ drawdown of -81.66%. Use the drawdown chart below to compare losses from any high point for S and TQQQ.

Drawdown Indicators

	S	TQQQ	Difference
Max Drawdown Largest peak-to-trough decline	-84.35%	-81.66%	-2.69%
Max Drawdown (1Y) Largest decline over 1 year	-39.64%	-36.97%	-2.67%
Max Drawdown (3Y) Largest decline over 3 years	-60.20%	-58.04%	-2.16%
Max Drawdown (5Y) Largest decline over 5 years	—	-81.66%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-81.66%	—
Current Drawdown Current decline from peak	-78.64%	-0.76%	-77.88%
Average Drawdown Average peak-to-trough decline	-66.24%	-18.52%	-47.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	20.67%	11.28%	+9.39%

Volatility

S vs. TQQQ - Volatility Comparison

SentinelOne, Inc. (S) has a higher volatility of 17.48% compared to ProShares UltraPro QQQ (TQQQ) at 13.29%. This indicates that S'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.

Volatility by Period

	S	TQQQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	17.48%	13.29%	+4.19%
Volatility (6M) Calculated over the trailing 6-month period	38.51%	36.04%	+2.47%
Volatility (1Y) Calculated over the trailing 1-year period	47.63%	47.60%	+0.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	63.84%	66.53%	-2.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	63.84%	65.96%	-2.12%

Dividends

S vs. TQQQ - Dividend Comparison

S has not paid dividends to shareholders, while TQQQ's dividend yield for the trailing twelve months is around 0.36%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
S SentinelOne, Inc.	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	0.36%	0.65%	1.27%	1.26%	0.57%	0.00%	0.00%	0.06%	0.11%	0.00%	0.00%	0.01%

Frequently Asked Questions

Can I hold both S and TQQQ in my portfolio?

S and TQQQ have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, S or TQQQ?

S has higher volatility (17.48%) compared to TQQQ (13.29%). In terms of maximum drawdown, S dropped -84.35% vs TQQQ's -81.66%.

Which has better risk-adjusted returns?

TQQQ currently has the higher Sharpe Ratio (2.92 vs -0.22), 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.