SDOW vs. QQQ
Compare and contrast key facts about ProShares UltraPro Short Dow30 (SDOW) and Invesco QQQ (QQQ).
SDOW and QQQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SDOW is a passively managed fund by ProShares that tracks the performance of the Dow Jones Industrial Average (-300%). It was launched on Feb 11, 2010. QQQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 10, 1999. Both SDOW and QQQ are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SDOW or QQQ.
Correlation
The correlation between SDOW and QQQ is 0.90, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
SDOW vs. QQQ - Performance Comparison
Loading data...
Key characteristics
SDOW:
-0.43
QQQ:
0.64
SDOW:
-0.37
QQQ:
1.12
SDOW:
0.95
QQQ:
1.16
SDOW:
-0.24
QQQ:
0.78
SDOW:
-1.00
QQQ:
2.53
SDOW:
24.02%
QQQ:
6.98%
SDOW:
51.44%
QQQ:
25.46%
SDOW:
-99.94%
QQQ:
-82.98%
SDOW:
-99.93%
QQQ:
-3.19%
Returns By Period
In the year-to-date period, SDOW achieves a -7.98% return, which is significantly lower than QQQ's 2.16% return. Over the past 10 years, SDOW has underperformed QQQ with an annualized return of -35.85%, while QQQ has yielded a comparatively higher 17.81% annualized return.
SDOW
-7.98%
-20.16%
-1.56%
-21.89%
-37.38%
-35.85%
QQQ
2.16%
17.41%
5.35%
16.09%
19.29%
17.81%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
SDOW vs. QQQ - Expense Ratio Comparison
SDOW has a 0.95% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
SDOW vs. QQQ — Risk-Adjusted Performance Rank
SDOW
QQQ
SDOW vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares UltraPro Short Dow30 (SDOW) and Invesco QQQ (QQQ). 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.
Loading data...
Dividends
SDOW vs. QQQ - Dividend Comparison
SDOW's dividend yield for the trailing twelve months is around 8.28%, more than QQQ's 0.57% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SDOW ProShares UltraPro Short Dow30 | 8.28% | 8.30% | 5.38% | 0.36% | 0.00% | 0.52% | 2.17% | 1.23% | 0.09% | 0.00% | 0.00% | 0.00% |
QQQ Invesco QQQ | 0.57% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
SDOW vs. QQQ - Drawdown Comparison
The maximum SDOW drawdown since its inception was -99.94%, which is greater than QQQ's maximum drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for SDOW and QQQ. For additional features, visit the drawdowns tool.
Loading data...
Volatility
SDOW vs. QQQ - Volatility Comparison
ProShares UltraPro Short Dow30 (SDOW) has a higher volatility of 16.86% compared to Invesco QQQ (QQQ) at 6.50%. This indicates that SDOW's price experiences larger fluctuations and is considered to be riskier than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...