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TARK vs. QLD
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between TARK and QLD is 0.75, 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.

TARK vs. QLD

Last updated Jun 1, 2025

Compare and contrast key facts about Tradr 2X Long Innovation ETF (TARK) and ProShares Ultra QQQ (QLD).

TARK and QLD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TARK is an actively managed fund by AXS Investments. It was launched on Apr 28, 2022. 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: TARK or QLD.

Performance

TARK vs. QLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tradr 2X Long Innovation ETF (TARK) and ProShares Ultra QQQ (QLD). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

TARK:

-0.34

QLD:

0.35

Sortino Ratio

TARK:

0.11

QLD:

0.73

Omega Ratio

TARK:

1.02

QLD:

1.10

Calmar Ratio

TARK:

-0.43

QLD:

0.32

Martin Ratio

TARK:

-0.90

QLD:

0.92

Ulcer Index

TARK:

42.20%

QLD:

14.82%

Daily Std Dev

TARK:

101.33%

QLD:

50.74%

Max Drawdown

TARK:

-88.03%

QLD:

-83.13%

Current Drawdown

TARK:

-78.32%

QLD:

-12.84%

Returns By Period

In the year-to-date period, TARK achieves a -15.41% return, which is significantly lower than QLD's -3.22% return.

TARK

YTD

-15.41%

1M

21.18%

6M

-20.30%

1Y

-33.29%

3Y*

-30.76%

5Y*

N/A

10Y*

N/A

QLD

YTD

-3.22%

1M

15.40%

6M

-3.14%

1Y

17.80%

3Y*

27.80%

5Y*

26.33%

10Y*

27.25%

*Annualized

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Tradr 2X Long Innovation ETF

ProShares Ultra QQQ

TARK vs. QLD - Expense Ratio Comparison

TARK has a 1.15% expense ratio, which is higher than QLD's 0.95% expense ratio.

TARK
Tradr 2X Long Innovation ETF
QLD
ProShares Ultra QQQ
Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

TARK vs. QLD — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
TARK
The Risk-Adjusted Performance Rank of TARK is 99
Overall Rank
The Sharpe Ratio Rank of TARK is 77
Sharpe Ratio Rank
The Sortino Ratio Rank of TARK is 1414
Sortino Ratio Rank
The Omega Ratio Rank of TARK is 1515
Omega Ratio Rank
The Calmar Ratio Rank of TARK is 33
Calmar Ratio Rank
The Martin Ratio Rank of TARK is 66
Martin Ratio Rank
QLD
The Risk-Adjusted Performance Rank of QLD is 3636
Overall Rank
The Sharpe Ratio Rank of QLD is 3333
Sharpe Ratio Rank
The Sortino Ratio Rank of QLD is 3939
Sortino Ratio Rank
The Omega Ratio Rank of QLD is 4040
Omega Ratio Rank
The Calmar Ratio Rank of QLD is 3636
Calmar Ratio Rank
The Martin Ratio Rank of QLD is 3131
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.

TARK vs. QLD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long Innovation ETF (TARK) 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.

The current TARK Sharpe Ratio is -0.34, which is lower than the QLD Sharpe Ratio of 0.35. The chart below compares the historical Sharpe Ratios of TARK and QLD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

TARK vs. QLD - Dividend Comparison

TARK's dividend yield for the trailing twelve months is around 0.70%, more than QLD's 0.23% yield.

TTM20242023202220212020201920182017201620152014
TARK
Tradr 2X Long Innovation ETF		0.70%0.59%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
QLD
ProShares Ultra QQQ		0.23%0.25%0.33%0.31%0.00%0.00%0.13%0.06%0.02%0.90%0.11%0.19%

Drawdowns

TARK vs. QLD - Drawdown Comparison

The maximum TARK drawdown since its inception was -88.03%, which is greater than QLD's maximum drawdown of -83.13%. Use the drawdown chart below to compare losses from any high point for TARK and QLD.

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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

TARK vs. QLD - Volatility Comparison

Tradr 2X Long Innovation ETF (TARK) has a higher volatility of 24.29% compared to ProShares Ultra QQQ (QLD) at 11.09%. This indicates that TARK's price experiences larger fluctuations and is considered to be riskier than QLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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