SPRO vs. TQQQ
Compare and contrast key facts about Spero Therapeutics, Inc. (SPRO) and ProShares UltraPro QQQ (TQQQ).
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: SPRO or TQQQ.
Correlation
The correlation between SPRO and TQQQ is 0.26, 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
SPRO vs. TQQQ - Performance Comparison
Key characteristics
SPRO:
-0.93
TQQQ:
0.94
SPRO:
-1.48
TQQQ:
1.45
SPRO:
0.84
TQQQ:
1.19
SPRO:
-0.47
TQQQ:
1.20
SPRO:
-1.57
TQQQ:
3.89
SPRO:
29.05%
TQQQ:
13.17%
SPRO:
49.28%
TQQQ:
54.58%
SPRO:
-96.92%
TQQQ:
-81.66%
SPRO:
-96.30%
TQQQ:
-4.51%
Returns By Period
In the year-to-date period, SPRO achieves a -20.71% return, which is significantly lower than TQQQ's 12.21% return.
SPRO
-20.71%
-16.17%
-32.50%
-44.63%
-38.20%
N/A
TQQQ
12.21%
17.20%
30.55%
53.81%
26.40%
35.49%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
SPRO vs. TQQQ — Risk-Adjusted Performance Rank
SPRO
TQQQ
SPRO vs. TQQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Spero Therapeutics, Inc. (SPRO) 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
SPRO vs. TQQQ - Dividend Comparison
SPRO has not paid dividends to shareholders, while TQQQ's dividend yield for the trailing twelve months is around 1.13%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPRO Spero Therapeutics, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TQQQ ProShares UltraPro QQQ | 1.13% | 1.27% | 1.26% | 0.57% | 0.00% | 0.00% | 0.06% | 0.11% | 0.00% | 0.00% | 0.01% | 0.03% |
Drawdowns
SPRO vs. TQQQ - Drawdown Comparison
The maximum SPRO drawdown since its inception was -96.92%, which is greater than TQQQ's maximum drawdown of -81.66%. Use the drawdown chart below to compare losses from any high point for SPRO and TQQQ. For additional features, visit the drawdowns tool.
Volatility
SPRO vs. TQQQ - Volatility Comparison
Spero Therapeutics, Inc. (SPRO) has a higher volatility of 24.34% compared to ProShares UltraPro QQQ (TQQQ) at 16.26%. This indicates that SPRO'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.