TQQQ.TO vs. TQQQ

Last updated Jun 9, 2026

TQQQ.TO (BetaPro 3x Nasdaq-100 Daily Leveraged Bull Alternative ETF) and TQQQ (ProShares UltraPro QQQ) are both exchange-traded funds - TQQQ.TO is a Nasdaq-100 fund tracking the Nasdaq-100 Index, while TQQQ is a Leveraged Equities fund tracking the NASDAQ-100 Index (300%). Both are passively managed.

Performance

TQQQ.TO vs. TQQQ - 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 ProShares UltraPro QQQ (TQQQ). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

TQQQ.TO is traded in CAD, while TQQQ is traded in USD. To make them comparable, the TQQQ values have been converted to CAD using the latest available exchange rates.

Returns By Period

TQQQ.TO

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TQQQ

• 1D: 4.70%
• 1M: 2.06%
• YTD: 47.55%
• 6M: 38.21%
• 1Y: 111.19%
• 3Y*: 65.11%
• 5Y*: 28.46%
• 10Y*: 45.26%

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

Return for Risk

TQQQ.TO vs. TQQQ — Risk / Return Rank

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

TQQQ

TQQQ Risk / Return Rank: 63
TQQQ Sharpe Ratio Rank: 74
TQQQ Sortino Ratio Rank: 57
TQQQ Omega Ratio Rank: 60
TQQQ Calmar Ratio Rank: 64
TQQQ 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.

TQQQ.TO vs. TQQQ - 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 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.

Sharpe Ratios by Period

	TQQQ.TO	TQQQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.25	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.43	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.68	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.76	—

Drawdowns

Drawdown Indicators

	TQQQ.TO	TQQQ	Difference
Max Drawdown Largest peak-to-trough decline	—	-80.32%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-37.15%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-58.00%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-80.32%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-80.32%	—
Current Drawdown Current decline from peak	—	-11.89%	—
Average Drawdown Average peak-to-trough decline	—	-17.77%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	11.87%	—

Volatility

Volatility by Period

	TQQQ.TO	TQQQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	20.96%	—
Volatility (6M) Calculated over the trailing 6-month period	—	39.60%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	49.79%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	66.93%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	66.41%	—

Dividends

TQQQ.TO vs. TQQQ - Dividend Comparison

TQQQ.TO has not paid dividends to shareholders, while TQQQ's dividend yield for the trailing twelve months is around 0.41%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
TQQQ ProShares UltraPro QQQ	0.41%	0.65%	1.27%	1.26%	0.57%	0.00%	0.00%	0.06%	0.11%	0.00%	0.00%	0.01%
TQQQ.TO BetaPro 3x Nasdaq-100 Daily Leveraged Bull Alternative 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%

Frequently Asked Questions

What is the main difference between TQQQ.TO and TQQQ?

TQQQ.TO is categorized as Nasdaq-100, while TQQQ is Leveraged Equities. TQQQ.TO tracks Nasdaq-100 Index, while TQQQ tracks NASDAQ-100 Index (300%). They also come from different issuers: Global X and ProShares.