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

Correlation

The correlation between SDOW and TQQQ is -0.76. 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.


-0.50.00.51.0-0.8

Performance

SDOW vs. TQQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares UltraPro Short Dow30 (SDOW) and ProShares UltraPro QQQ (TQQQ). The values are adjusted to include any dividend payments, if applicable.

0.00%5,000.00%10,000.00%15,000.00%20,000.00%JulyAugustSeptemberOctoberNovemberDecember
-99.93%
19,782.66%
SDOW
TQQQ

Key characteristics

Sharpe Ratio

SDOW:

-0.94

TQQQ:

1.37

Sortino Ratio

SDOW:

-1.33

TQQQ:

1.84

Omega Ratio

SDOW:

0.85

TQQQ:

1.25

Calmar Ratio

SDOW:

-0.32

TQQQ:

1.55

Martin Ratio

SDOW:

-1.57

TQQQ:

5.79

Ulcer Index

SDOW:

20.22%

TQQQ:

12.58%

Daily Std Dev

SDOW:

33.67%

TQQQ:

53.25%

Max Drawdown

SDOW:

-99.94%

TQQQ:

-81.66%

Current Drawdown

SDOW:

-99.93%

TQQQ:

-11.00%

Returns By Period

In the year-to-date period, SDOW achieves a -28.77% return, which is significantly lower than TQQQ's 65.52% return. Over the past 10 years, SDOW has underperformed TQQQ with an annualized return of -36.28%, while TQQQ has yielded a comparatively higher 35.36% annualized return.


SDOW

YTD

-28.77%

1M

3.99%

6M

-23.29%

1Y

-30.10%

5Y*

-38.32%

10Y*

-36.28%

TQQQ

YTD

65.52%

1M

6.50%

6M

12.39%

1Y

66.67%

5Y*

32.06%

10Y*

35.36%

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. TQQQ - Expense Ratio Comparison

Both SDOW and TQQQ have an expense ratio of 0.95%.


SDOW
ProShares UltraPro Short Dow30
Expense ratio chart for SDOW: current value at 0.95% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.95%
Expense ratio chart for TQQQ: current value at 0.95% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.95%

Risk-Adjusted Performance

SDOW vs. TQQQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares UltraPro Short Dow30 (SDOW) 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.


Sharpe ratio
The chart of Sharpe ratio for SDOW, currently valued at -0.94, compared to the broader market0.002.004.00-0.941.37
The chart of Sortino ratio for SDOW, currently valued at -1.32, compared to the broader market-2.000.002.004.006.008.0010.00-1.331.84
The chart of Omega ratio for SDOW, currently valued at 0.85, compared to the broader market0.501.001.502.002.503.000.851.25
The chart of Calmar ratio for SDOW, currently valued at -0.32, compared to the broader market0.005.0010.0015.00-0.321.55
The chart of Martin ratio for SDOW, currently valued at -1.57, compared to the broader market0.0020.0040.0060.0080.00100.00-1.575.79
SDOW
TQQQ

The current SDOW Sharpe Ratio is -0.94, which is lower than the TQQQ Sharpe Ratio of 1.37. The chart below compares the historical Sharpe Ratios of SDOW 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.


Rolling 12-month Sharpe Ratio-2.00-1.000.001.002.003.00JulyAugustSeptemberOctoberNovemberDecember
-0.94
1.37
SDOW
TQQQ

Dividends

SDOW vs. TQQQ - Dividend Comparison

SDOW's dividend yield for the trailing twelve months is around 6.01%, more than TQQQ's 0.88% yield.


TTM2023202220212020201920182017201620152014
SDOW
ProShares UltraPro Short Dow30
6.01%5.38%0.36%0.00%0.52%2.17%1.23%0.09%0.00%0.00%0.00%
TQQQ
ProShares UltraPro QQQ
0.88%1.26%0.57%0.00%0.00%0.06%0.11%0.00%0.00%0.01%0.03%

Drawdowns

SDOW vs. TQQQ - Drawdown Comparison

The maximum SDOW drawdown since its inception was -99.94%, which is greater than TQQQ's maximum drawdown of -81.66%. Use the drawdown chart below to compare losses from any high point for SDOW and TQQQ. For additional features, visit the drawdowns tool.


-100.00%-80.00%-60.00%-40.00%-20.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-99.93%
-11.00%
SDOW
TQQQ

Volatility

SDOW vs. TQQQ - Volatility Comparison

The current volatility for ProShares UltraPro Short Dow30 (SDOW) is 11.22%, while ProShares UltraPro QQQ (TQQQ) has a volatility of 16.08%. This indicates that SDOW 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.


5.00%10.00%15.00%20.00%25.00%JulyAugustSeptemberOctoberNovemberDecember
11.22%
16.08%
SDOW
TQQQ
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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