SIMO vs. TQQQ

Last updated Jun 5, 2026

SIMO (Silicon Motion Technology Corporation) is a stock, while TQQQ (ProShares UltraPro QQQ) is Leveraged Equities fund tracking the NASDAQ-100 Index (300%). Over the past 10 years, SIMO returned 23.58%/yr vs 44.95%/yr for TQQQ. At a 0.46 correlation, their price movements are largely independent.

Performance

SIMO vs. TQQQ - Performance Comparison

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

Returns By Period

In the year-to-date period, SIMO achieves a 219.74% return, which is significantly higher than TQQQ's 61.91% return. Over the past 10 years, SIMO has underperformed TQQQ with an annualized return of 23.58%, while TQQQ has yielded a comparatively higher 44.95% annualized return.

SIMO

• 1D: -3.88%
• 1M: 23.85%
• YTD: 219.74%
• 6M: 225.64%
• 1Y: 357.16%
• 3Y*: 68.77%
• 5Y*: 37.67%
• 10Y*: 23.58%

TQQQ

• 1D: -1.55%
• 1M: 26.46%
• YTD: 61.91%
• 6M: 54.01%
• 1Y: 132.34%
• 3Y*: 68.49%
• 5Y*: 27.97%
• 10Y*: 44.95%

*Multi-year figures are annualized to reflect compound growth (CAGR)

SIMO vs. TQQQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SIMO Silicon Motion Technology Corporation	219.74%	76.91%	-8.94%	-4.91%	-30.38%	101.83%	-1.81%	51.81%	-33.11%	27.14%
TQQQ ProShares UltraPro QQQ	61.91%	34.35%	58.27%	198.04%	-79.09%	82.98%	110.05%	133.84%	-19.79%	118.06%

Correlation

The correlation between SIMO and TQQQ is 0.58, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.58
Correlation (3Y) Calculated over the trailing 3-year period	0.54
Correlation (5Y) Calculated over the trailing 5-year period	0.51
Correlation (10Y) Calculated over the trailing 10-year period	0.48
Correlation (All Time) Calculated using the full available price history since Feb 12, 2010	0.46

The correlation between SIMO and TQQQ shifts across timeframes, from 0.46 (all time) to 0.58 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

SIMO vs. TQQQ — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SIMO

SIMO Risk / Return Rank: 98
SIMO Sharpe Ratio Rank: 99
SIMO Sortino Ratio Rank: 99
SIMO Omega Ratio Rank: 98
SIMO Calmar Ratio Rank: 98
SIMO Martin Ratio Rank: 99

TQQQ

TQQQ Risk / Return Rank: 71
TQQQ Sharpe Ratio Rank: 86
TQQQ Sortino Ratio Rank: 67
TQQQ Omega Ratio Rank: 66
TQQQ Calmar Ratio Rank: 73
TQQQ Martin Ratio Rank: 66

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SIMO vs. TQQQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Silicon Motion Technology Corporation (SIMO) 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.

	SIMO	TQQQ	Difference
Sharpe ratio: Return per unit of total volatility	5.26	2.80	+2.46
Sortino ratio: Return per unit of downside risk	5.74	3.01	+2.73
Omega ratio: Gain probability vs. loss probability	1.74	1.39	+0.35
Calmar ratio: Return relative to maximum drawdown	13.70	3.60	+10.10
Martin ratio: Return relative to average drawdown	41.90	11.77	+30.12
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SIMO vs. TQQQ - Sharpe Ratio Comparison

The current SIMO Sharpe Ratio is 5.26, which is higher than the TQQQ Sharpe Ratio of 2.80. The chart below compares the historical Sharpe Ratios of SIMO and TQQQ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	SIMO	TQQQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	5.26	2.80	+2.46
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.76	0.42	+0.34
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.53	0.68	-0.16
Sharpe Ratio (All Time) Calculated using the full available price history	0.36	0.74	-0.38

Drawdowns

SIMO vs. TQQQ - Drawdown Comparison

The maximum SIMO drawdown since its inception was -93.19%, which is greater than TQQQ's maximum drawdown of -81.66%. Use the drawdown chart below to compare losses from any high point for SIMO and TQQQ.

Drawdown Indicators

	SIMO	TQQQ	Difference
Max Drawdown Largest peak-to-trough decline	-93.19%	-81.66%	-11.53%
Max Drawdown (1Y) Largest decline over 1 year	-26.26%	-36.97%	+10.71%
Max Drawdown (3Y) Largest decline over 3 years	-52.84%	-58.04%	+5.20%
Max Drawdown (5Y) Largest decline over 5 years	-56.49%	-81.66%	+25.17%
Max Drawdown (10Y) Largest decline over 10 years	-56.49%	-81.66%	+25.17%
Current Drawdown Current decline from peak	-3.88%	-2.29%	-1.59%
Average Drawdown Average peak-to-trough decline	-32.39%	-18.52%	-13.87%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.57%	11.28%	-2.71%

Volatility

SIMO vs. TQQQ - Volatility Comparison

Silicon Motion Technology Corporation (SIMO) has a higher volatility of 19.61% compared to ProShares UltraPro QQQ (TQQQ) at 13.35%. This indicates that SIMO's price experiences larger fluctuations and is considered to be riskier than TQQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SIMO	TQQQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	19.61%	13.35%	+6.26%
Volatility (6M) Calculated over the trailing 6-month period	55.74%	36.04%	+19.70%
Volatility (1Y) Calculated over the trailing 1-year period	68.47%	47.60%	+20.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	49.89%	66.50%	-16.61%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	44.98%	65.95%	-20.97%

Dividends

SIMO vs. TQQQ - Dividend Comparison

SIMO's dividend yield for the trailing twelve months is around 0.68%, more than TQQQ's 0.37% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SIMO Silicon Motion Technology Corporation	0.68%	2.16%	3.70%	0.82%	2.31%	1.62%	2.89%	2.45%	3.45%	1.68%	1.51%	1.88%
TQQQ ProShares UltraPro QQQ	0.37%	0.65%	1.27%	1.26%	0.57%	0.00%	0.00%	0.06%	0.11%	0.00%	0.00%	0.01%

Frequently Asked Questions

Can I hold both SIMO and TQQQ in my portfolio?

SIMO and TQQQ have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SIMO or TQQQ?

SIMO has higher volatility (19.61%) compared to TQQQ (13.35%). In terms of maximum drawdown, SIMO dropped -93.19% vs TQQQ's -81.66%.

Which has better risk-adjusted returns?

SIMO currently has the higher Sharpe Ratio (5.26 vs 2.80), 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.