SJVN.NS vs. QLD
Compare and contrast key facts about SJVN Limited (SJVN.NS) and ProShares Ultra QQQ (QLD).
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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SJVN.NS or QLD.
Correlation
The correlation between SJVN.NS and QLD is 0.08, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
SJVN.NS vs. QLD - Performance Comparison
Key characteristics
SJVN.NS:
0.29
QLD:
1.44
SJVN.NS:
0.81
QLD:
1.91
SJVN.NS:
1.11
QLD:
1.26
SJVN.NS:
0.50
QLD:
1.97
SJVN.NS:
1.00
QLD:
6.36
SJVN.NS:
16.11%
QLD:
8.10%
SJVN.NS:
55.51%
QLD:
35.75%
SJVN.NS:
-42.15%
QLD:
-83.13%
SJVN.NS:
-27.11%
QLD:
-7.32%
Returns By Period
In the year-to-date period, SJVN.NS achieves a 24.41% return, which is significantly lower than QLD's 46.97% return. Over the past 10 years, SJVN.NS has underperformed QLD with an annualized return of 24.53%, while QLD has yielded a comparatively higher 29.38% annualized return.
SJVN.NS
24.41%
7.83%
-15.04%
26.14%
43.98%
24.53%
QLD
46.97%
5.46%
11.40%
48.10%
30.20%
29.38%
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Risk-Adjusted Performance
SJVN.NS vs. QLD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SJVN Limited (SJVN.NS) 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.
Dividends
SJVN.NS vs. QLD - Dividend Comparison
SJVN.NS's dividend yield for the trailing twelve months is around 1.61%, more than QLD's 0.19% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SJVN.NS SJVN Limited | 1.61% | 1.95% | 4.96% | 7.18% | 8.85% | 8.45% | 8.22% | 8.11% | 3.67% | 3.30% | 3.99% | 4.49% |
QLD ProShares Ultra QQQ | 0.19% | 0.33% | 0.31% | 0.00% | 0.00% | 0.13% | 0.06% | 0.02% | 0.90% | 0.11% | 0.19% | 0.13% |
Drawdowns
SJVN.NS vs. QLD - Drawdown Comparison
The maximum SJVN.NS drawdown since its inception was -42.15%, smaller than the maximum QLD drawdown of -83.13%. Use the drawdown chart below to compare losses from any high point for SJVN.NS and QLD. For additional features, visit the drawdowns tool.
Volatility
SJVN.NS vs. QLD - Volatility Comparison
SJVN Limited (SJVN.NS) and ProShares Ultra QQQ (QLD) have volatilities of 10.32% and 10.66%, 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.