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TERG vs. TQQQ
Performance
Return for Risk
Dividends
Drawdowns
Volatility

TERG vs. TQQQ

Last updated Apr 1, 2026

Compare and contrast key facts about Leverage Shares 2X Long TER Daily ETF (TERG) and ProShares UltraPro QQQ (TQQQ).

TERG and TQQQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TERG is an actively managed fund by Leverage Shares. It was launched on Nov 17, 2025. 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.

Performance

TERG vs. TQQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Leverage Shares 2X Long TER Daily ETF (TERG) and ProShares UltraPro QQQ (TQQQ). The values are adjusted to include any dividend payments, if applicable.

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TERG vs. TQQQ - Yearly Performance Comparison

2026 (YTD)2025
TERG
Leverage Shares 2X Long TER Daily ETF		102.79%28.17%
TQQQ
ProShares UltraPro QQQ		-17.87%3.48%

Returns By Period

In the year-to-date period, TERG achieves a 102.79% return, which is significantly higher than TQQQ's -17.87% return.

TERG

1D
14.40%
1M
-19.76%
YTD
102.79%
6M
—
1Y
—
3Y*
—
5Y*
—
10Y*
—

TQQQ

1D
3.72%
1M
-12.88%
YTD
-17.87%
6M
-17.28%
1Y
48.52%
3Y*
46.87%
5Y*
13.55%
10Y*
35.31%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Leverage Shares 2X Long TER Daily ETF

ProShares UltraPro QQQ

Often compared with TERG:
TERG vs. ADBGTERG vs. METDTERG vs. QLDTERG vs. DZZTERG vs. SOXLTERG vs. BOEGTERG vs. NFLU
Often compared with TQQQ:
TQQQ vs. QQQTQQQ vs. SOXLTQQQ vs. QLDTQQQ vs. SQQQTQQQ vs. SPXLTQQQ vs. UPROTQQQ vs. TECL

TERG vs. TQQQ - Expense Ratio Comparison

TERG has a 0.75% expense ratio, which is lower than TQQQ's 0.95% expense ratio.

TQQQ
ProShares UltraPro QQQ
TERG
Leverage Shares 2X Long TER Daily ETF

Return for Risk

TERG vs. TQQQ — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
TERG
TQQQ
TQQQ Risk / Return Rank: 4747
Overall Rank
TQQQ Sharpe Ratio Rank: 3737
Sharpe Ratio Rank
TQQQ Sortino Ratio Rank: 5151
Sortino Ratio Rank
TQQQ Omega Ratio Rank: 5050
Omega Ratio Rank
TQQQ Calmar Ratio Rank: 5353
Calmar Ratio Rank
TQQQ Martin Ratio Rank: 4444
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

TERG vs. TQQQ - Sharpe Ratio Comparison

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Sharpe Ratios by Period

TERGTQQQDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

—

0.72

—

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

—

0.20

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.54

—

Sharpe Ratio (All Time)

Calculated using the full available price history

10.56

0.65

+9.92

Correlation

The correlation between TERG and TQQQ is 0.71, 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.

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 0.73%.

TTM20252024202320222021202020192018201720162015
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		0.73%0.65%1.27%1.26%0.57%0.00%0.00%0.06%0.11%0.00%0.00%0.01%

Drawdowns

TERG vs. TQQQ - Drawdown Comparison

The maximum TERG drawdown since its inception was -39.32%, 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.

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Drawdown Indicators

TERGTQQQDifference

Max Drawdown

Largest peak-to-trough decline

-39.32%

-81.66%

+42.34%

Max Drawdown (1Y)

Largest decline over 1 year

—

-36.97%

—

Max Drawdown (5Y)

Largest decline over 5 years

—

-81.66%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-81.66%

—

Current Drawdown

Current decline from peak

-30.58%

-28.08%

-2.50%

Average Drawdown

Average peak-to-trough decline

-9.77%

-18.66%

+8.89%

Ulcer Index

Depth and duration of drawdowns from previous peaks

—

12.13%

—

Volatility

TERG vs. TQQQ - Volatility Comparison

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Volatility by Period

TERGTQQQDifference

Volatility (1M)

Calculated over the trailing 1-month period

—

19.74%

—

Volatility (6M)

Calculated over the trailing 6-month period

—

38.50%

—

Volatility (1Y)

Calculated over the trailing 1-year period

124.59%

67.35%

+57.24%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

124.59%

66.53%

+58.06%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

124.59%

65.83%

+58.76%