SAVE vs. TQQQ

In the year-to-date period, SAVE achieves a -99.06% return, which is significantly lower than TQQQ's 65.52% return. Over the past 10 years, SAVE has underperformed TQQQ with an annualized return of -46.03%, while TQQQ has yielded a comparatively higher 35.36% annualized return.

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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.

The current SAVE Sharpe Ratio is -0.61, which is lower than the TQQQ Sharpe Ratio of 1.37. The chart below compares the historical Sharpe Ratios of SAVE and TQQQ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

SAVE's dividend yield for the trailing twelve months is around 133.33%, more than TQQQ's 0.88% yield.

The maximum SAVE drawdown since its inception was -99.83%, which is greater than TQQQ's maximum drawdown of -81.66%. Use the drawdown chart below to compare losses from any high point for SAVE and TQQQ. For additional features, visit the drawdowns tool.

The current volatility for Spirit Airlines, Inc. (SAVE) is 10.45%, while ProShares UltraPro QQQ (TQQQ) has a volatility of 16.08%. This indicates that SAVE experiences smaller price fluctuations and is considered to be less risky than TQQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.