TINY vs. IQQQ

Last updated Jun 26, 2026

TINY (ProShares Nanotechnology ETF) and IQQQ (ProShares Nasdaq-100 High Income ETF) are both exchange-traded funds - TINY is a Technology Equities fund tracking the Solactive Nanotechnology Index, while IQQQ is a Nasdaq-100 fund tracking the Nasdaq-100 Daily Covered Call Index. Both are passively managed. Over the past year, TINY returned 112.00% vs 29.47% for IQQQ. A 0.76 correlation means they provide meaningful diversification when combined. TINY charges 0.58%/yr vs 0.55%/yr for IQQQ.

Performance

TINY vs. IQQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares Nanotechnology ETF (TINY) and ProShares Nasdaq-100 High Income ETF (IQQQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TINY achieves a 72.92% return, which is significantly higher than IQQQ's 13.95% return.

TINY

• 1D: 3.29%
• 1M: 11.53%
• YTD: 72.92%
• 6M: 70.60%
• 1Y: 112.00%
• 3Y*: 34.03%
• 5Y*: —
• 10Y*: —

IQQQ

• 1D: 0.87%
• 1M: -2.10%
• YTD: 13.95%
• 6M: 12.28%
• 1Y: 29.47%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

TINY vs. IQQQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024
TINY ProShares Nanotechnology ETF	72.92%	19.98%	-8.24%
IQQQ ProShares Nasdaq-100 High Income ETF	13.95%	17.11%	14.82%

Correlation

The correlation between TINY and IQQQ is 0.70, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.70
Correlation (All Time) Calculated using the full available price history since Mar 20, 2024	0.76

The correlation between TINY and IQQQ has been stable across timeframes, ranging from 0.70 to 0.76 - a consistent structural relationship.

Return for Risk

TINY vs. IQQQ — Risk / Return Rank

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

TINY

TINY Risk / Return Rank: 93
TINY Sharpe Ratio Rank: 95
TINY Sortino Ratio Rank: 91
TINY Omega Ratio Rank: 89
TINY Calmar Ratio Rank: 95
TINY Martin Ratio Rank: 94

IQQQ

IQQQ Risk / Return Rank: 58
IQQQ Sharpe Ratio Rank: 61
IQQQ Sortino Ratio Rank: 54
IQQQ Omega Ratio Rank: 56
IQQQ Calmar Ratio Rank: 62
IQQQ Martin Ratio Rank: 59

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.

TINY vs. IQQQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Nanotechnology ETF (TINY) and ProShares Nasdaq-100 High Income ETF (IQQQ). 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.

	TINY	IQQQ	Difference
Sharpe ratio: Return per unit of total volatility	3.27	1.74	+1.53
Sortino ratio: Return per unit of downside risk	3.71	2.28	+1.43
Omega ratio: Gain probability vs. loss probability	1.48	1.30	+0.18
Calmar ratio: Return relative to maximum drawdown	6.72	2.66	+4.06
Martin ratio: Return relative to average drawdown	23.44	9.05	+14.40

TINY vs. IQQQ - Sharpe Ratio Comparison

The current TINY Sharpe Ratio is 3.27, which is higher than the IQQQ Sharpe Ratio of 1.74. The chart below compares the historical Sharpe Ratios of TINY and IQQQ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

TINY vs. IQQQ - Drawdown Comparison

The maximum TINY drawdown since its inception was -43.79%, which is greater than IQQQ's maximum drawdown of -20.41%. Use the drawdown chart below to compare losses from any high point for TINY and IQQQ.

Drawdown Indicators

	TINY	IQQQ	Difference
Max Drawdown Largest peak-to-trough decline	-43.79%	-20.41%	-23.38%
Max Drawdown (1Y) Largest decline over 1 year	-16.75%	-11.13%	-5.62%
Max Drawdown (3Y) Largest decline over 3 years	-42.13%	—	—
Current Drawdown Current decline from peak	-2.72%	-4.31%	+1.59%
Average Drawdown Average peak-to-trough decline	-15.97%	-3.63%	-12.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.80%	3.27%	+1.53%

Volatility

TINY vs. IQQQ - Volatility Comparison

ProShares Nanotechnology ETF (TINY) has a higher volatility of 13.27% compared to ProShares Nasdaq-100 High Income ETF (IQQQ) at 8.20%. This indicates that TINY's price experiences larger fluctuations and is considered to be riskier than IQQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TINY	IQQQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.27%	8.20%	+5.07%
Volatility (6M) Calculated over the trailing 6-month period	28.64%	13.57%	+15.07%
Volatility (1Y) Calculated over the trailing 1-year period	34.47%	17.00%	+17.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.69%	19.06%	+13.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.69%	19.06%	+13.63%

TINY vs. IQQQ - Expense Ratio Comparison

TINY has a 0.58% expense ratio, which is higher than IQQQ's 0.55% expense ratio.

Dividends

TINY vs. IQQQ - Dividend Comparison

TINY's dividend yield for the trailing twelve months is around 0.16%, less than IQQQ's 4.61% yield.

Position	TTM	2025	2024	2023	2022	2021
IQQQ ProShares Nasdaq-100 High Income ETF	4.61%	10.34%	7.27%	0.00%	0.00%	0.00%
TINY ProShares Nanotechnology ETF	0.16%	0.29%	0.01%	0.35%	0.42%	0.07%

Frequently Asked Questions

Can I hold both TINY and IQQQ in my portfolio?

TINY and IQQQ have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TINY or IQQQ?

TINY has higher volatility (13.27%) compared to IQQQ (8.20%). In terms of maximum drawdown, TINY dropped -43.79% vs IQQQ's -20.41%.

Which ETF is better, TINY or IQQQ?

On 1-year performance, TINY leads with 112.00% vs 29.47% for IQQQ. On fees, IQQQ is cheaper at 0.55% per year. On volatility, IQQQ has been the lower-risk option at 8.20%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TINY or IQQQ?

Over the 1-year period, TINY has performed better with a 112.00% return vs 29.47%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TINY or IQQQ?

IQQQ is cheaper with a 0.55% expense ratio, compared with 0.58% for TINY.

Which ETF pays a higher dividend yield, TINY or IQQQ?

IQQQ has the higher dividend yield at 4.61%, compared with 0.16% for TINY.

What is the main difference between TINY and IQQQ?

TINY is categorized as Technology Equities, while IQQQ is Nasdaq-100. TINY tracks Solactive Nanotechnology Index, while IQQQ tracks Nasdaq-100 Daily Covered Call Index. Their fees differ too: 0.58% for TINY and 0.55% for IQQQ.

Which has better risk-adjusted returns?

TINY currently has the higher Sharpe Ratio (3.27 vs 1.74), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.