TQQQ.TO vs. QQU.TO

Last updated Apr 2, 2026

Compare and contrast key facts about BetaPro 3x Nasdaq-100 Daily Leveraged Bull Alternative ETF (TQQQ.TO) and BetaPro NASDAQ-100 2x Daily Bull ETF (QQU.TO).

TQQQ.TO and QQU.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TQQQ.TO is a passively managed fund by Global X that tracks the performance of the Nasdaq-100 Index. It was launched on Jun 16, 2025. QQU.TO is an actively managed fund by Global X. It was launched on Jun 18, 2008.

Performance

TQQQ.TO vs. QQU.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in BetaPro 3x Nasdaq-100 Daily Leveraged Bull Alternative ETF (TQQQ.TO) and BetaPro NASDAQ-100 2x Daily Bull ETF (QQU.TO). The values are adjusted to include any dividend payments, if applicable.

TQQQ.TO vs. QQU.TO - Yearly Performance Comparison

	2026 (YTD)	2025
TQQQ.TO BetaPro 3x Nasdaq-100 Daily Leveraged Bull Alternative ETF	-18.96%	41.06%
QQU.TO BetaPro NASDAQ-100 2x Daily Bull ETF	-11.89%	28.06%

Returns By Period

In the year-to-date period, TQQQ.TO achieves a -18.96% return, which is significantly lower than QQU.TO's -11.89% return.

TQQQ.TO

• 1D: 3.59%
• 1M: -13.32%
• YTD: -18.96%
• 6M: -19.31%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

QQU.TO

• 1D: 1.69%
• 1M: -8.67%
• YTD: -11.89%
• 6M: -11.12%
• 1Y: 34.93%
• 3Y*: 33.38%
• 5Y*: 13.24%
• 10Y*: 27.04%

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

TQQQ.TO vs. QQU.TO - Expense Ratio Comparison

QQU.TO

BetaPro NASDAQ-100 2x Daily Bull ETF

Return for Risk

TQQQ.TO vs. QQU.TO — Risk / Return Rank

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

QQU.TO

QQU.TO Risk / Return Rank: 47
QQU.TO Sharpe Ratio Rank: 40
QQU.TO Sortino Ratio Rank: 49
QQU.TO Omega Ratio Rank: 48
QQU.TO Calmar Ratio Rank: 53
QQU.TO Martin Ratio Rank: 46

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.

TQQQ.TO vs. QQU.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 2x Daily Bull ETF (QQU.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.

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

Sharpe Ratios by Period

	TQQQ.TO	QQU.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.78	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.30	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.61	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.39	0.49	-0.09

Correlation

The correlation between TQQQ.TO and QQU.TO is 1.00, 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

TQQQ.TO vs. QQU.TO - Dividend Comparison

Neither TQQQ.TO nor QQU.TO has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

TQQQ.TO vs. QQU.TO - Drawdown Comparison

The maximum TQQQ.TO drawdown since its inception was -38.15%, smaller than the maximum QQU.TO drawdown of -78.51%. Use the drawdown chart below to compare losses from any high point for TQQQ.TO and QQU.TO.

Drawdown Indicators

	TQQQ.TO	QQU.TO	Difference
Max Drawdown Largest peak-to-trough decline	-38.15%	-78.51%	+40.36%
Max Drawdown (1Y) Largest decline over 1 year	—	-25.85%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-64.83%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-64.83%	—
Current Drawdown Current decline from peak	-29.51%	-19.09%	-10.42%
Average Drawdown Average peak-to-trough decline	-9.05%	-17.16%	+8.11%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	8.04%	—

Volatility

Volatility by Period

	TQQQ.TO	QQU.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	13.58%	—
Volatility (6M) Calculated over the trailing 6-month period	—	25.58%	—
Volatility (1Y) Calculated over the trailing 1-year period	47.15%	44.77%	+2.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	47.15%	44.87%	+2.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	47.15%	44.76%	+2.39%