SPXCY vs. TQQQ
Compare and contrast key facts about Singapore Exchange Ltd ADR (SPXCY) 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: SPXCY or TQQQ.
Correlation
The correlation between SPXCY and TQQQ is 0.14, 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
SPXCY vs. TQQQ - Performance Comparison
Key characteristics
SPXCY:
2.49
TQQQ:
0.94
SPXCY:
3.80
TQQQ:
1.45
SPXCY:
1.52
TQQQ:
1.19
SPXCY:
6.12
TQQQ:
1.20
SPXCY:
15.08
TQQQ:
3.90
SPXCY:
3.58%
TQQQ:
13.18%
SPXCY:
21.79%
TQQQ:
54.76%
SPXCY:
-24.03%
TQQQ:
-81.66%
SPXCY:
-7.30%
TQQQ:
-9.97%
Returns By Period
In the year-to-date period, SPXCY achieves a 2.63% return, which is significantly lower than TQQQ's 5.79% return. Over the past 10 years, SPXCY has underperformed TQQQ with an annualized return of 22.30%, while TQQQ has yielded a comparatively higher 34.07% annualized return.
SPXCY
2.63%
8.52%
25.28%
45.46%
27.30%
22.30%
TQQQ
5.79%
-4.66%
19.47%
41.08%
26.34%
34.07%
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Risk-Adjusted Performance
SPXCY vs. TQQQ — Risk-Adjusted Performance Rank
SPXCY
TQQQ
SPXCY vs. TQQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Singapore Exchange Ltd ADR (SPXCY) 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
SPXCY vs. TQQQ - Dividend Comparison
SPXCY's dividend yield for the trailing twelve months is around 11.41%, more than TQQQ's 1.20% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPXCY Singapore Exchange Ltd ADR | 11.41% | 16.80% | 14.09% | 26.04% | 20.28% | 19.87% | 14.15% | 22.77% | 16.21% | 13.41% | 10.99% | 10.61% |
TQQQ ProShares UltraPro QQQ | 1.20% | 1.27% | 1.26% | 0.57% | 0.00% | 0.00% | 0.06% | 0.11% | 0.00% | 0.00% | 0.01% | 0.03% |
Drawdowns
SPXCY vs. TQQQ - Drawdown Comparison
The maximum SPXCY drawdown since its inception was -24.03%, smaller than the maximum TQQQ drawdown of -81.66%. Use the drawdown chart below to compare losses from any high point for SPXCY and TQQQ. For additional features, visit the drawdowns tool.
Volatility
SPXCY vs. TQQQ - Volatility Comparison
The current volatility for Singapore Exchange Ltd ADR (SPXCY) is 12.61%, while ProShares UltraPro QQQ (TQQQ) has a volatility of 15.21%. This indicates that SPXCY 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.