SIJ vs. XDQQ
SIJ (ProShares UltraShort Industrials) and XDQQ (Innovator Growth Accelerated ETF - Quarterly) are both Leveraged Equities funds. SIJ is passively managed, while XDQQ is actively managed. Over the past 5 years, SIJ returned -18.51%/yr vs 8.32%/yr for XDQQ. At a correlation of -0.67, they often move in opposite directions. SIJ charges 0.95%/yr vs 0.79%/yr for XDQQ.
Performance
SIJ vs. XDQQ - Performance Comparison
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Returns By Period
In the year-to-date period, SIJ achieves a -21.28% return, which is significantly lower than XDQQ's 2.62% return.
SIJ
- 1D
- -0.08%
- 1M
- -3.55%
- YTD
- -21.28%
- 6M
- -22.55%
- 1Y
- -31.23%
- 3Y*
- -29.54%
- 5Y*
- -18.51%
- 10Y*
- -27.77%
XDQQ
- 1D
- 0.04%
- 1M
- 1.17%
- YTD
- 2.62%
- 6M
- 2.67%
- 1Y
- 17.22%
- 3Y*
- 17.88%
- 5Y*
- 8.32%
- 10Y*
- —
SIJ vs. XDQQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
SIJ ProShares UltraShort Industrials | -21.28% | -29.33% | -21.63% | -24.18% | 18.15% | -18.57% |
XDQQ Innovator Growth Accelerated ETF - Quarterly | 2.62% | 13.75% | 31.47% | 30.15% | -33.74% | 18.29% |
Correlation
The correlation between SIJ and XDQQ is -0.51, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.51 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.56 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.67 |
Correlation (All Time) Calculated using the full available price history since Apr 5, 2021 | -0.67 |
The correlation between SIJ and XDQQ shifts across timeframes, from -0.67 (all time) to -0.51 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
SIJ vs. XDQQ — Risk / Return Rank
SIJ
XDQQ
SIJ vs. XDQQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares UltraShort Industrials (SIJ) and Innovator Growth Accelerated ETF - Quarterly (XDQQ). 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 | XDQQ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.25 | ||
| Sortino ratioReturn per unit of downside risk | -3.08 | ||
| Omega ratioGain probability vs. loss probability | 0.84 | 1.26 | -0.41 |
| Calmar ratioReturn relative to maximum drawdown | -0.89 | 1.46 | -2.35 |
| Martin ratioReturn relative to average drawdown | -1.50 | 6.63 | -8.14 |
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 | XDQQ | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -1.00 | 1.25 | -2.25 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.52 | 0.42 | -0.94 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.70 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.63 | 0.46 | -1.09 |
Drawdowns
SIJ vs. XDQQ - Drawdown Comparison
The maximum SIJ drawdown since its inception was -99.93%, which is greater than XDQQ's maximum drawdown of -35.63%. Use the drawdown chart below to compare losses from any high point for SIJ and XDQQ.
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Drawdown Indicators
| SIJ | XDQQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.93% | -35.63% | -64.30% |
Max Drawdown (1Y)Largest decline over 1 year | -35.40% | -11.84% | -23.56% |
Max Drawdown (3Y)Largest decline over 3 years | -69.84% | -23.17% | -46.67% |
Max Drawdown (5Y)Largest decline over 5 years | -76.49% | -35.63% | -40.86% |
Max Drawdown (10Y)Largest decline over 10 years | -96.54% | — | — |
Current DrawdownCurrent decline from peak | -99.92% | -0.01% | -99.91% |
Average DrawdownAverage peak-to-trough decline | -86.74% | -10.83% | -75.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.81% | 2.60% | +18.21% |
Volatility
SIJ vs. XDQQ - Volatility Comparison
ProShares UltraShort Industrials (SIJ) has a higher volatility of 10.18% compared to Innovator Growth Accelerated ETF - Quarterly (XDQQ) at 0.36%. This indicates that SIJ's price experiences larger fluctuations and is considered to be riskier than XDQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SIJ | XDQQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.18% | 0.36% | +9.82% |
Volatility (6M)Calculated over the trailing 6-month period | 26.39% | 11.10% | +15.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.52% | 13.80% | +17.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.84% | 19.80% | +16.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.62% | 19.65% | +19.97% |
SIJ vs. XDQQ - Expense Ratio Comparison
SIJ has a 0.95% expense ratio, which is higher than XDQQ's 0.79% expense ratio.
Dividends
SIJ vs. XDQQ - Dividend Comparison
SIJ's dividend yield for the trailing twelve months is around 5.75%, while XDQQ has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
SIJ ProShares UltraShort Industrials | 5.75% | 5.38% | 5.99% | 4.90% | 0.00% | 0.00% | 0.00% | 1.49% | 0.39% |
XDQQ Innovator Growth Accelerated ETF - Quarterly | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
SIJ and XDQQ have a correlation of -0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SIJ has higher volatility (10.18%) compared to XDQQ (0.36%). In terms of maximum drawdown, SIJ dropped -99.93% vs XDQQ's -35.63%.
On 5-year performance, XDQQ leads with 8.32% vs -18.51% for SIJ. On fees, XDQQ is cheaper at 0.79% per year. On volatility, XDQQ has been the lower-risk option at 0.36%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, XDQQ has performed better with a 8.32% return vs -18.51%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
XDQQ is cheaper with a 0.79% expense ratio, compared with 0.95% for SIJ.
SIJ has the higher dividend yield at 5.75%, compared with 0.00% for XDQQ.
They also come from different issuers: ProShares and Innovator. Their fees differ too: 0.95% for SIJ and 0.79% for XDQQ.
XDQQ currently has the higher Sharpe Ratio (1.25 vs -1.00), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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