TQQQ.TO vs. QQI.TO
TQQQ.TO (BetaPro 3x Nasdaq-100 Daily Leveraged Bull Alternative ETF) and QQI.TO (BetaPro Nasdaq-100 Daily Inverse ETF) are both Nasdaq-100 funds from Global X - TQQQ.TO tracks the Nasdaq-100 Index while QQI.TO tracks the NASDAQ-100 Index (-100%). Both are passively managed. At a correlation of -0.87, they often move in opposite directions.
Performance
TQQQ.TO vs. QQI.TO - Performance Comparison
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Returns By Period
In the year-to-date period, TQQQ.TO achieves a 38.31% return, which is significantly higher than QQI.TO's -13.36% return.
TQQQ.TO
- 1D
- -10.09%
- 1M
- -4.73%
- YTD
- 38.31%
- 6M
- 32.51%
- 1Y
- 93.21%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
QQI.TO
- 1D
- 2.93%
- 1M
- 0.00%
- YTD
- -13.36%
- 6M
- -13.23%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TQQQ.TO vs. QQI.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
TQQQ.TO BetaPro 3x Nasdaq-100 Daily Leveraged Bull Alternative ETF | 38.31% | 1.56% |
QQI.TO BetaPro Nasdaq-100 Daily Inverse ETF | -13.36% | -3.15% |
Correlation
The correlation between TQQQ.TO and QQI.TO is -0.87, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Sep 22, 2025 | -0.87 |
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Return for Risk
TQQQ.TO vs. QQI.TO — Risk / Return Rank
TQQQ.TO
QQI.TO
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
TQQQ.TO vs. QQI.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BetaPro 3x Nasdaq-100 Daily Leveraged Bull Alternative ETF (TQQQ.TO) and BetaPro Nasdaq-100 Daily Inverse ETF (QQI.TO). 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.
| TQQQ.TO | QQI.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.29 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 2.46 | — | — |
| Martin ratioReturn relative to average drawdown | 7.67 | — | — |
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Drawdowns
TQQQ.TO vs. QQI.TO - Drawdown Comparison
The maximum TQQQ.TO drawdown since its inception was -38.15%, which is greater than QQI.TO's maximum drawdown of -25.23%. Use the drawdown chart below to compare losses from any high point for TQQQ.TO and QQI.TO.
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Drawdown Indicators
| TQQQ.TO | QQI.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.15% | -25.23% | -12.92% |
Max Drawdown (1Y)Largest decline over 1 year | -38.15% | — | — |
Current DrawdownCurrent decline from peak | -14.99% | -22.32% | +7.33% |
Average DrawdownAverage peak-to-trough decline | -8.56% | -8.04% | -0.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.20% | — | — |
Volatility
TQQQ.TO vs. QQI.TO - Volatility Comparison
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Volatility by Period
| TQQQ.TO | QQI.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 27.08% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 43.38% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 53.25% | 20.25% | +33.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 53.03% | 20.25% | +32.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 53.03% | 20.25% | +32.78% |
Dividends
TQQQ.TO vs. QQI.TO - Dividend Comparison
Neither TQQQ.TO nor QQI.TO has paid dividends to shareholders.
Frequently Asked Questions
TQQQ.TO and QQI.TO have a correlation of -0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TQQQ.TO tracks Nasdaq-100 Index, while QQI.TO tracks NASDAQ-100 Index (-100%).
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