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SAVE vs. TQQQ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

SAVE vs. TQQQ

Last updated May 12, 2025

Compare and contrast key facts about Spirit Airlines, Inc. (SAVE) 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: SAVE or TQQQ.

Correlation

The correlation between SAVE and TQQQ is 0.00. 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.

Performance

SAVE vs. TQQQ - Performance Comparison

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

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Key characteristics

Returns By Period

SAVE

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

TQQQ

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

*Annualized

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Risk-Adjusted Performance

SAVE vs. TQQQ — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
SAVE
The Risk-Adjusted Performance Rank of SAVE is 77
Overall Rank
The Sharpe Ratio Rank of SAVE is 1717
Sharpe Ratio Rank
The Sortino Ratio Rank of SAVE is 55
Sortino Ratio Rank
The Omega Ratio Rank of SAVE is 22
Omega Ratio Rank
The Calmar Ratio Rank of SAVE is 11
Calmar Ratio Rank
The Martin Ratio Rank of SAVE is 1212
Martin Ratio Rank
TQQQ
The Risk-Adjusted Performance Rank of TQQQ is 2929
Overall Rank
The Sharpe Ratio Rank of TQQQ is 2020
Sharpe Ratio Rank
The Sortino Ratio Rank of TQQQ is 4242
Sortino Ratio Rank
The Omega Ratio Rank of TQQQ is 4242
Omega Ratio Rank
The Calmar Ratio Rank of TQQQ is 2121
Calmar Ratio Rank
The Martin Ratio Rank of TQQQ is 2121
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

SAVE vs. TQQQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Spirit Airlines, Inc. (SAVE) 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.

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Dividends

SAVE vs. TQQQ - Dividend Comparison

SAVE has not paid dividends to shareholders, while TQQQ's dividend yield for the trailing twelve months is around 1.67%.

TTM20242023202220212020201920182017201620152014
SAVE
Spirit Airlines, 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		1.67%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

SAVE vs. TQQQ - Drawdown Comparison

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Volatility

SAVE vs. TQQQ - Volatility Comparison

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