TERG vs. TQQQ
TERG (Leverage Shares 2X Long TER Daily ETF) and TQQQ (ProShares UltraPro QQQ) are both Leveraged Equities funds. TERG is actively managed, while TQQQ is passively managed. Their 0.73 correlation means they have sometimes moved together and sometimes differently. TERG charges 0.75%/yr vs 0.95%/yr for TQQQ.
Performance
TERG vs. TQQQ - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, TERG achieves a 118.24% return, which is significantly higher than TQQQ's 23.06% return.
TERG
- 1D
- 1.38%
- 1M
- -8.01%
- 6M
- 44.99%
- YTD
- 118.24%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
TQQQ
- 1D
- 2.09%
- 1M
- -11.90%
- 6M
- 20.14%
- YTD
- 23.06%
- 1Y
- 56.87%
- 3Y*
- 43.81%
- 5Y*
- 15.36%
- 10Y*
- 39.46%
- ALL TIME*
- 42.33%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $2.08M | $2.39M | $4.94M | |
| $4.37B | $4.57B | $5.33B |
TERG vs. TQQQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
TERG Leverage Shares 2X Long TER Daily ETF | 118.24% | 20.91% |
TQQQ ProShares UltraPro QQQ | 23.06% | 0.83% |
Correlation
The correlation between TERG and TQQQ is 0.73, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 17, 2025 | 0.73 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
TERG vs. TQQQ — Risk / Return Rank
TERG
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
TQQQ
TERG vs. TQQQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long TER Daily ETF (TERG) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| TERG | TQQQ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.17 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 1.29 | — |
| Martin ratioReturn relative to average drawdown | — | 3.60 | — |
Loading charts...
Drawdowns
TERG vs. TQQQ - Drawdown Comparison
The maximum TERG drawdown since its inception was -60.59%, smaller than the maximum TQQQ drawdown of -81.66%. Use the drawdown chart below to compare losses from any high point for TERG and TQQQ.
Loading charts...
Drawdown Indicators
| TERG | TQQQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.59% | -81.66% | +21.07% |
Max Drawdown (1Y)Largest decline over 1 year | — | -36.97% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -58.04% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -81.66% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -81.66% | — |
Current DrawdownCurrent decline from peak | -48.67% | -25.74% | -22.93% |
Average DrawdownAverage peak-to-trough decline | -18.83% | -18.49% | -0.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 13.24% | — |
Volatility
TERG vs. TQQQ - Volatility Comparison
Loading charts...
Volatility by Period
| TERG | TQQQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 20.41% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 47.79% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 158.05% | 57.62% | +100.43% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 158.05% | 68.04% | +90.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 158.05% | 66.57% | +91.48% |
TERG vs. TQQQ - Expense Ratio Comparison
TERG has a 0.75% expense ratio, which is lower than TQQQ's 0.95% expense ratio.
Dividends
TERG vs. TQQQ - Dividend Comparison
TERG has not paid dividends to shareholders, while TQQQ's dividend yield for the trailing twelve months is around 0.58%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TERG Leverage Shares 2X Long TER Daily ETF | 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 | 0.58% | 0.65% | 1.27% | 1.26% | 0.57% | 0.00% | 0.00% | 0.06% | 0.11% | 0.00% | 0.00% | 0.01% |
Frequently Asked Questions
TERG and TQQQ have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, TERG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.
TERG is cheaper with a 0.75% expense ratio, compared with 0.95% for TQQQ.
TQQQ has the higher dividend yield at 0.58%, compared with 0.00% for TERG.
They also come from different issuers: Leverage Shares and ProShares. Their fees differ too: 0.75% for TERG and 0.95% for TQQQ.
Find the right allocation for TERG and TQQQ
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer