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SZK vs. SQQQ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between SZK and SQQQ is -0.87. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.


-0.50.00.51.0
Correlation: -0.9

Performance

SZK vs. SQQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares UltraShort Consumer Goods (SZK) and ProShares UltraPro Short QQQ (SQQQ). The values are adjusted to include any dividend payments, if applicable.

-100.00%-99.50%-99.00%-98.50%-98.00%NovemberDecember2025FebruaryMarchApril
-97.99%
-100.00%
SZK
SQQQ

Key characteristics

Sharpe Ratio

SZK:

-0.45

SQQQ:

-0.58

Sortino Ratio

SZK:

-0.50

SQQQ:

-0.50

Omega Ratio

SZK:

0.94

SQQQ:

0.93

Calmar Ratio

SZK:

-0.12

SQQQ:

-0.43

Martin Ratio

SZK:

-1.15

SQQQ:

-1.17

Ulcer Index

SZK:

10.38%

SQQQ:

36.71%

Daily Std Dev

SZK:

26.27%

SQQQ:

75.02%

Max Drawdown

SZK:

-99.40%

SQQQ:

-100.00%

Current Drawdown

SZK:

-99.24%

SQQQ:

-100.00%

Returns By Period

In the year-to-date period, SZK achieves a -6.78% return, which is significantly lower than SQQQ's 6.61% return. Over the past 10 years, SZK has outperformed SQQQ with an annualized return of -20.04%, while SQQQ has yielded a comparatively lower -50.76% annualized return.


SZK

YTD

-6.78%

1M

-6.63%

6M

1.19%

1Y

-9.86%

5Y*

-21.38%

10Y*

-20.04%

SQQQ

YTD

6.61%

1M

-0.96%

6M

-5.79%

1Y

-39.95%

5Y*

-52.57%

10Y*

-50.76%

*Annualized

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SZK vs. SQQQ - Expense Ratio Comparison

Both SZK and SQQQ have an expense ratio of 0.95%.


Expense ratio chart for SZK: current value is 0.95%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
SZK: 0.95%
Expense ratio chart for SQQQ: current value is 0.95%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
SQQQ: 0.95%

Risk-Adjusted Performance

SZK vs. SQQQ — Risk-Adjusted Performance Rank

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

SZK
The Risk-Adjusted Performance Rank of SZK is 77
Overall Rank
The Sharpe Ratio Rank of SZK is 66
Sharpe Ratio Rank
The Sortino Ratio Rank of SZK is 66
Sortino Ratio Rank
The Omega Ratio Rank of SZK is 77
Omega Ratio Rank
The Calmar Ratio Rank of SZK is 1414
Calmar Ratio Rank
The Martin Ratio Rank of SZK is 55
Martin Ratio Rank

SQQQ
The Risk-Adjusted Performance Rank of SQQQ is 55
Overall Rank
The Sharpe Ratio Rank of SQQQ is 44
Sharpe Ratio Rank
The Sortino Ratio Rank of SQQQ is 66
Sortino Ratio Rank
The Omega Ratio Rank of SQQQ is 66
Omega Ratio Rank
The Calmar Ratio Rank of SQQQ is 33
Calmar Ratio Rank
The Martin Ratio Rank of SQQQ is 55
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

SZK vs. SQQQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares UltraShort Consumer Goods (SZK) and ProShares UltraPro Short QQQ (SQQQ). 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.


The chart of Sharpe ratio for SZK, currently valued at -0.45, compared to the broader market-1.000.001.002.003.004.00
SZK: -0.45
SQQQ: -0.58
The chart of Sortino ratio for SZK, currently valued at -0.50, compared to the broader market-2.000.002.004.006.008.00
SZK: -0.50
SQQQ: -0.50
The chart of Omega ratio for SZK, currently valued at 0.94, compared to the broader market0.501.001.502.002.50
SZK: 0.94
SQQQ: 0.93
The chart of Calmar ratio for SZK, currently valued at -0.12, compared to the broader market0.002.004.006.008.0010.0012.00
SZK: -0.12
SQQQ: -0.43
The chart of Martin ratio for SZK, currently valued at -1.15, compared to the broader market0.0020.0040.0060.00
SZK: -1.15
SQQQ: -1.17

The current SZK Sharpe Ratio is -0.45, which is comparable to the SQQQ Sharpe Ratio of -0.58. The chart below compares the historical Sharpe Ratios of SZK and SQQQ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.00-0.500.00NovemberDecember2025FebruaryMarchApril
-0.45
-0.58
SZK
SQQQ

Dividends

SZK vs. SQQQ - Dividend Comparison

SZK's dividend yield for the trailing twelve months is around 5.57%, less than SQQQ's 8.71% yield.


TTM20242023202220212020201920182017
SZK
ProShares UltraShort Consumer Goods
5.57%5.70%4.03%0.56%0.00%0.18%1.69%0.50%0.00%
SQQQ
ProShares UltraPro Short QQQ
8.71%10.23%8.01%0.28%0.00%2.15%2.92%1.47%0.14%

Drawdowns

SZK vs. SQQQ - Drawdown Comparison

The maximum SZK drawdown since its inception was -99.40%, roughly equal to the maximum SQQQ drawdown of -100.00%. Use the drawdown chart below to compare losses from any high point for SZK and SQQQ. For additional features, visit the drawdowns tool.


-100.00%-99.50%-99.00%-98.50%-98.00%NovemberDecember2025FebruaryMarchApril
-98.03%
-100.00%
SZK
SQQQ

Volatility

SZK vs. SQQQ - Volatility Comparison

The current volatility for ProShares UltraShort Consumer Goods (SZK) is 15.54%, while ProShares UltraPro Short QQQ (SQQQ) has a volatility of 56.15%. This indicates that SZK experiences smaller price fluctuations and is considered to be less risky than SQQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%10.00%20.00%30.00%40.00%50.00%60.00%NovemberDecember2025FebruaryMarchApril
15.54%
56.15%
SZK
SQQQ