SPFIX vs. TQQQ
Compare and contrast key facts about Shelton Capital Management S&P 500 Index Fund (SPFIX) and ProShares UltraPro QQQ (TQQQ).
SPFIX is managed by Blackrock. It was launched on Apr 20, 1992. TQQQ is a passively managed fund by ProShares that tracks the performance of the NASDAQ-100 Index (300%). It was launched on Feb 9, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SPFIX or TQQQ.
Correlation
The correlation between SPFIX and TQQQ is 0.90, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
SPFIX vs. TQQQ - Performance Comparison
Key characteristics
SPFIX:
0.52
TQQQ:
0.04
SPFIX:
0.85
TQQQ:
0.58
SPFIX:
1.12
TQQQ:
1.08
SPFIX:
0.53
TQQQ:
0.05
SPFIX:
2.19
TQQQ:
0.13
SPFIX:
4.56%
TQQQ:
20.43%
SPFIX:
19.42%
TQQQ:
74.97%
SPFIX:
-54.81%
TQQQ:
-81.66%
SPFIX:
-9.91%
TQQQ:
-41.90%
Returns By Period
In the year-to-date period, SPFIX achieves a -5.80% return, which is significantly higher than TQQQ's -31.73% return. Over the past 10 years, SPFIX has underperformed TQQQ with an annualized return of 11.70%, while TQQQ has yielded a comparatively higher 27.88% annualized return.
SPFIX
-5.80%
-3.22%
-4.37%
10.49%
15.59%
11.70%
TQQQ
-31.73%
-15.02%
-27.48%
3.28%
28.11%
27.88%
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SPFIX vs. TQQQ - Expense Ratio Comparison
SPFIX has a 0.43% expense ratio, which is lower than TQQQ's 0.95% expense ratio.
Risk-Adjusted Performance
SPFIX vs. TQQQ — Risk-Adjusted Performance Rank
SPFIX
TQQQ
SPFIX vs. TQQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Shelton Capital Management S&P 500 Index Fund (SPFIX) 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.
Dividends
SPFIX vs. TQQQ - Dividend Comparison
SPFIX's dividend yield for the trailing twelve months is around 15.00%, more than TQQQ's 1.83% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPFIX Shelton Capital Management S&P 500 Index Fund | 15.00% | 14.11% | 8.32% | 5.07% | 5.29% | 8.34% | 9.16% | 2.49% | 3.01% | 2.92% | 4.35% | 1.98% |
TQQQ ProShares UltraPro QQQ | 1.83% | 1.27% | 1.26% | 0.57% | 0.00% | 0.00% | 0.06% | 0.11% | 0.00% | 0.00% | 0.01% | 0.03% |
Drawdowns
SPFIX vs. TQQQ - Drawdown Comparison
The maximum SPFIX drawdown since its inception was -54.81%, smaller than the maximum TQQQ drawdown of -81.66%. Use the drawdown chart below to compare losses from any high point for SPFIX and TQQQ. For additional features, visit the drawdowns tool.
Volatility
SPFIX vs. TQQQ - Volatility Comparison
The current volatility for Shelton Capital Management S&P 500 Index Fund (SPFIX) is 14.20%, while ProShares UltraPro QQQ (TQQQ) has a volatility of 48.66%. This indicates that SPFIX 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.