SIJ vs. QLD
Compare and contrast key facts about ProShares UltraShort Industrials (SIJ) and ProShares Ultra QQQ (QLD).
SIJ and QLD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SIJ is a passively managed fund by ProShares that tracks the performance of the DJ Global United States (All) / Industrials -IND (-200%). It was launched on Jan 30, 2007. QLD is a passively managed fund by ProShares that tracks the performance of the NASDAQ-100 Index (200%). It was launched on Jun 21, 2006. Both SIJ and QLD are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
SIJ vs. QLD - Performance Comparison
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SIJ vs. QLD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SIJ ProShares UltraShort Industrials | -7.81% | -29.33% | -21.63% | -24.18% | 18.15% | -34.31% | -54.09% | -45.12% | 20.55% | -36.32% |
QLD ProShares Ultra QQQ | -13.35% | 30.36% | 42.82% | 117.72% | -60.52% | 54.67% | 88.90% | 81.69% | -8.31% | 70.34% |
Returns By Period
In the year-to-date period, SIJ achieves a -7.81% return, which is significantly higher than QLD's -13.35% return. Over the past 10 years, SIJ has underperformed QLD with an annualized return of -27.00%, while QLD has yielded a comparatively higher 29.40% annualized return.
SIJ
- 1D
- -5.96%
- 1M
- 19.32%
- YTD
- -7.81%
- 6M
- -8.33%
- 1Y
- -35.78%
- 3Y*
- -25.44%
- 5Y*
- -17.92%
- 10Y*
- -27.00%
QLD
- 1D
- 6.72%
- 1M
- -10.26%
- YTD
- -13.35%
- 6M
- -11.03%
- 1Y
- 37.53%
- 3Y*
- 35.41%
- 5Y*
- 15.27%
- 10Y*
- 29.40%
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SIJ vs. QLD - Expense Ratio Comparison
Both SIJ and QLD have an expense ratio of 0.95%.
Return for Risk
SIJ vs. QLD — Risk / Return Rank
SIJ
QLD
SIJ vs. QLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares UltraShort Industrials (SIJ) and ProShares Ultra QQQ (QLD). 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.
| SIJ | QLD | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.91 | 0.84 | -1.75 |
Sortino ratioReturn per unit of downside risk | -1.26 | 1.43 | -2.69 |
Omega ratioGain probability vs. loss probability | 0.84 | 1.20 | -0.36 |
Calmar ratioReturn relative to maximum drawdown | -0.64 | 1.49 | -2.13 |
Martin ratioReturn relative to average drawdown | -0.87 | 4.88 | -5.75 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SIJ | QLD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.91 | 0.84 | -1.75 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.51 | 0.34 | -0.85 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.69 | 0.66 | -1.35 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.62 | 0.53 | -1.15 |
Correlation
The correlation between SIJ and QLD is -0.70. 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.
Dividends
SIJ vs. QLD - Dividend Comparison
SIJ's dividend yield for the trailing twelve months is around 4.91%, more than QLD's 0.19% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SIJ ProShares UltraShort Industrials | 4.91% | 5.38% | 5.99% | 4.90% | 0.00% | 0.00% | 0.00% | 1.49% | 0.39% | 0.00% | 0.00% | 0.00% |
QLD ProShares Ultra QQQ | 0.19% | 0.17% | 0.25% | 0.33% | 0.31% | 0.00% | 0.00% | 0.13% | 0.06% | 0.02% | 0.21% | 0.11% |
Drawdowns
SIJ vs. QLD - Drawdown Comparison
The maximum SIJ drawdown since its inception was -99.93%, which is greater than QLD's maximum drawdown of -83.13%. Use the drawdown chart below to compare losses from any high point for SIJ and QLD.
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Drawdown Indicators
| SIJ | QLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.93% | -83.13% | -16.80% |
Max Drawdown (1Y)Largest decline over 1 year | -57.54% | -25.13% | -32.41% |
Max Drawdown (5Y)Largest decline over 5 years | -76.49% | -63.68% | -12.81% |
Max Drawdown (10Y)Largest decline over 10 years | -96.54% | -63.68% | -32.86% |
Current DrawdownCurrent decline from peak | -99.91% | -20.10% | -79.81% |
Average DrawdownAverage peak-to-trough decline | -86.62% | -18.30% | -68.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 42.22% | 7.67% | +34.55% |
Volatility
SIJ vs. QLD - Volatility Comparison
ProShares UltraShort Industrials (SIJ) and ProShares Ultra QQQ (QLD) have volatilities of 13.01% and 12.96%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SIJ | QLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.01% | 12.96% | +0.05% |
Volatility (6M)Calculated over the trailing 6-month period | 23.99% | 25.55% | -1.56% |
Volatility (1Y)Calculated over the trailing 1-year period | 39.41% | 44.91% | -5.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.40% | 44.77% | -9.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.36% | 44.47% | -5.11% |