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TMDV vs. QQQ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between TMDV and QQQ is 0.50, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.00.5

Performance

TMDV vs. QQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares Russell U.S. Dividend Growers ETF (TMDV) and Invesco QQQ (QQQ). The values are adjusted to include any dividend payments, if applicable.

-10.00%-5.00%0.00%5.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
4.65%
7.59%
TMDV
QQQ

Key characteristics

Sharpe Ratio

TMDV:

0.36

QQQ:

1.54

Sortino Ratio

TMDV:

0.58

QQQ:

2.06

Omega Ratio

TMDV:

1.07

QQQ:

1.28

Calmar Ratio

TMDV:

0.56

QQQ:

2.03

Martin Ratio

TMDV:

1.61

QQQ:

7.34

Ulcer Index

TMDV:

2.66%

QQQ:

3.75%

Daily Std Dev

TMDV:

12.02%

QQQ:

17.90%

Max Drawdown

TMDV:

-33.42%

QQQ:

-82.98%

Current Drawdown

TMDV:

-7.70%

QQQ:

-4.03%

Returns By Period

In the year-to-date period, TMDV achieves a 3.39% return, which is significantly lower than QQQ's 26.66% return.


TMDV

YTD

3.39%

1M

-4.85%

6M

5.00%

1Y

3.44%

5Y*

5.38%

10Y*

N/A

QQQ

YTD

26.66%

1M

3.29%

6M

6.76%

1Y

26.84%

5Y*

20.38%

10Y*

18.30%

Compare stocks, funds, or ETFs

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


TMDV vs. QQQ - Expense Ratio Comparison

TMDV has a 0.35% expense ratio, which is higher than QQQ's 0.20% expense ratio.


TMDV
ProShares Russell U.S. Dividend Growers ETF
Expense ratio chart for TMDV: current value at 0.35% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.35%
Expense ratio chart for QQQ: current value at 0.20% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.20%

Risk-Adjusted Performance

TMDV vs. QQQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Russell U.S. Dividend Growers ETF (TMDV) and Invesco QQQ (QQQ). 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.


Sharpe ratio
The chart of Sharpe ratio for TMDV, currently valued at 0.36, compared to the broader market0.002.004.000.361.54
The chart of Sortino ratio for TMDV, currently valued at 0.58, compared to the broader market-2.000.002.004.006.008.0010.000.582.06
The chart of Omega ratio for TMDV, currently valued at 1.07, compared to the broader market0.501.001.502.002.503.001.071.28
The chart of Calmar ratio for TMDV, currently valued at 0.56, compared to the broader market0.005.0010.0015.000.562.03
The chart of Martin ratio for TMDV, currently valued at 1.61, compared to the broader market0.0020.0040.0060.0080.00100.001.617.34
TMDV
QQQ

The current TMDV Sharpe Ratio is 0.36, which is lower than the QQQ Sharpe Ratio of 1.54. The chart below compares the historical Sharpe Ratios of TMDV and QQQ, 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 Ratio0.000.501.001.502.002.50JulyAugustSeptemberOctoberNovemberDecember
0.36
1.54
TMDV
QQQ

Dividends

TMDV vs. QQQ - Dividend Comparison

TMDV's dividend yield for the trailing twelve months is around 2.65%, more than QQQ's 0.43% yield.


TTM20232022202120202019201820172016201520142013
TMDV
ProShares Russell U.S. Dividend Growers ETF
1.74%2.45%2.46%2.14%2.28%0.16%0.00%0.00%0.00%0.00%0.00%0.00%
QQQ
Invesco QQQ
0.43%0.62%0.80%0.43%0.55%0.74%0.91%0.84%1.06%0.99%1.41%1.02%

Drawdowns

TMDV vs. QQQ - Drawdown Comparison

The maximum TMDV drawdown since its inception was -33.42%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for TMDV and QQQ. For additional features, visit the drawdowns tool.


-14.00%-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-7.70%
-4.03%
TMDV
QQQ

Volatility

TMDV vs. QQQ - Volatility Comparison

The current volatility for ProShares Russell U.S. Dividend Growers ETF (TMDV) is 3.98%, while Invesco QQQ (QQQ) has a volatility of 5.23%. This indicates that TMDV experiences smaller price fluctuations and is considered to be less risky than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


3.00%4.00%5.00%6.00%7.00%8.00%9.00%JulyAugustSeptemberOctoberNovemberDecember
3.98%
5.23%
TMDV
QQQ
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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