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TQQQ vs. EINC
Performance
Return for Risk
Drawdowns
Volatility
Dividends

TQQQ vs. EINC

Last updated Jun 24, 2026

TQQQ (ProShares UltraPro QQQ) and EINC (VanEck Energy Income ETF) are both exchange-traded funds - TQQQ is a Leveraged Equities fund tracking the NASDAQ-100 Index (300%), while EINC is a Energy Equities fund tracking the MVIS North America Energy Infrastructure Index. Both are passively managed. Over the past 10 years, TQQQ returned 45.48%/yr vs 12.03%/yr for EINC. At a 0.31 correlation, their price movements are largely independent. TQQQ charges 0.95%/yr vs 0.45%/yr for EINC.

Performance

TQQQ vs. EINC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares UltraPro QQQ (TQQQ) and VanEck Energy Income ETF (EINC). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, TQQQ achieves a 41.43% return, which is significantly higher than EINC's 25.97% return. Over the past 10 years, TQQQ has outperformed EINC with an annualized return of 45.48%, while EINC has yielded a comparatively lower 12.03% annualized return.

TQQQ

1D
-9.86%
1M
-4.37%
YTD
41.43%
6M
35.75%
1Y
100.69%
3Y*
58.02%
5Y*
21.47%
10Y*
45.48%

EINC

1D
1.37%
1M
-4.50%
YTD
25.97%
6M
25.98%
1Y
29.82%
3Y*
30.36%
5Y*
21.18%
10Y*
12.03%
*Multi-year figures are annualized to reflect compound growth (CAGR)

TQQQ vs. EINC - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
TQQQ
ProShares UltraPro QQQ		41.43%34.35%58.27%198.04%-79.09%82.98%110.05%133.84%-19.79%118.06%
EINC
VanEck Energy Income ETF		25.97%7.11%42.79%15.55%19.18%38.05%-19.89%16.98%-19.85%-3.45%

Correlation

The correlation between TQQQ and EINC is -0.15, 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 (1Y)
Calculated over the trailing 1-year period

-0.15

Correlation (3Y)
Calculated over the trailing 3-year period

0.14

Correlation (5Y)
Calculated over the trailing 5-year period

0.27

Correlation (10Y)
Calculated over the trailing 10-year period

0.29

Correlation (All Time)
Calculated using the full available price history since Mar 13, 2012

0.31

The correlation between TQQQ and EINC shifts across timeframes, from -0.15 (1 year) to 0.31 (all time), reflecting how their relationship changes across market environments.

TQQQ vs. EINC - Sectors Allocation Comparison

Sectors
TQQQ
EINC

Technology

53.8%

-

Communication Services

15.8%

-

Consumer Cyclical

12.3%

-

Consumer Defensive

7.7%

-

Healthcare

4.2%

-

Industrials

2.8%
2.5%

Utilities

1.4%
0.6%

Basic Materials

1.1%

-

Energy

0.6%
99.4%

Financial Services

0.2%

-

Real Estate

0.1%

-

Technology

TQQQ
53.8%
EINC

-

Communication Services

TQQQ
15.8%
EINC

-

Consumer Cyclical

TQQQ
12.3%
EINC

-

Consumer Defensive

TQQQ
7.7%
EINC

-

Healthcare

TQQQ
4.2%
EINC

-

Industrials

TQQQ
2.8%
EINC
2.5%

Utilities

TQQQ
1.4%
EINC
0.6%

Basic Materials

TQQQ
1.1%
EINC

-

Energy

TQQQ
0.6%
EINC
99.4%

Financial Services

TQQQ
0.2%
EINC

-

Real Estate

TQQQ
0.1%
EINC

-

Compare stocks, funds, or ETFs

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

ProShares UltraPro QQQ

VanEck Energy Income ETF

Often compared with TQQQ:
TQQQ vs. QQQTQQQ vs. SOXLTQQQ vs. QLDTQQQ vs. SQQQTQQQ vs. UPROTQQQ vs. SPXLTQQQ vs. TECL
Often compared with EINC:
EINC vs. XLEEINC vs. BIZDEINC vs. EMLPEINC vs. SMHEINC vs. IXCEINC vs. VPUEINC vs. ERY

Return for Risk

TQQQ vs. EINC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
TQQQ
TQQQ Risk / Return Rank: 5353
Overall Rank
TQQQ Sharpe Ratio Rank: 5858
Sharpe Ratio Rank
TQQQ Sortino Ratio Rank: 4747
Sortino Ratio Rank
TQQQ Omega Ratio Rank: 4949
Omega Ratio Rank
TQQQ Calmar Ratio Rank: 5757
Calmar Ratio Rank
TQQQ Martin Ratio Rank: 5252
Martin Ratio Rank
EINC
EINC Risk / Return Rank: 6464
Overall Rank
EINC Sharpe Ratio Rank: 6363
Sharpe Ratio Rank
EINC Sortino Ratio Rank: 6060
Sortino Ratio Rank
EINC Omega Ratio Rank: 6060
Omega Ratio Rank
EINC Calmar Ratio Rank: 7777
Calmar Ratio Rank
EINC Martin Ratio Rank: 5757
Martin Ratio Rank
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 vs. EINC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares UltraPro QQQ (TQQQ) and VanEck Energy Income ETF (EINC). 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.

TQQQEINCDifference
Sharpe ratioReturn per unit of total volatility
1.90
1.99

-0.09

Sortino ratioReturn per unit of downside risk
2.27
2.67

-0.40

Omega ratioGain probability vs. loss probability

1.30

1.35

-0.04

Calmar ratioReturn relative to maximum drawdown

2.74

3.80

-1.06

Martin ratioReturn relative to average drawdown

8.72

9.63

-0.91

TQQQ vs. EINC - Sharpe Ratio Comparison

The current TQQQ Sharpe Ratio is 1.90, which is comparable to the EINC Sharpe Ratio of 1.99. The chart below compares the historical Sharpe Ratios of TQQQ and EINC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

TQQQ vs. EINC - Drawdown Comparison

The maximum TQQQ drawdown since its inception was -81.66%, smaller than the maximum EINC drawdown of -87.55%. Use the drawdown chart below to compare losses from any high point for TQQQ and EINC.

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Drawdown Indicators

TQQQEINCDifference

Max Drawdown

Largest peak-to-trough decline

-81.66%

-87.55%

+5.89%

Max Drawdown (1Y)

Largest decline over 1 year

-36.97%

-7.89%

-29.08%

Max Drawdown (3Y)

Largest decline over 3 years

-58.04%

-16.01%

-42.03%

Max Drawdown (5Y)

Largest decline over 5 years

-81.66%

-19.87%

-61.79%

Max Drawdown (10Y)

Largest decline over 10 years

-81.66%

-68.85%

-12.81%

Current Drawdown

Current decline from peak

-14.65%

-4.50%

-10.15%

Average Drawdown

Average peak-to-trough decline

-18.49%

-44.15%

+25.66%

Ulcer Index

Depth and duration of drawdowns from previous peaks

11.59%

3.10%

+8.49%

Volatility

TQQQ vs. EINC - Volatility Comparison

ProShares UltraPro QQQ (TQQQ) has a higher volatility of 27.27% compared to VanEck Energy Income ETF (EINC) at 6.51%. This indicates that TQQQ's price experiences larger fluctuations and is considered to be riskier than EINC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

TQQQEINCDifference

Volatility (1M)

Calculated over the trailing 1-month period

27.27%

6.51%

+20.76%

Volatility (6M)

Calculated over the trailing 6-month period

43.35%

11.88%

+31.47%

Volatility (1Y)

Calculated over the trailing 1-year period

53.39%

15.10%

+38.29%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

67.41%

19.54%

+47.87%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

66.32%

25.43%

+40.89%

TQQQ vs. EINC - Expense Ratio Comparison

TQQQ has a 0.95% expense ratio, which is higher than EINC's 0.45% expense ratio.

Dividends

TQQQ vs. EINC - Dividend Comparison

TQQQ's dividend yield for the trailing twelve months is around 0.42%, less than EINC's 3.51% yield.

PositionTTM20252024202320222021202020192018201720162015
EINC
VanEck Energy Income ETF		3.51%4.51%3.33%3.77%2.89%6.03%6.69%9.66%11.31%8.53%9.71%28.53%
TQQQ
ProShares UltraPro QQQ		0.42%0.65%1.27%1.26%0.57%0.00%0.00%0.06%0.11%0.00%0.00%0.01%

Frequently Asked Questions

TQQQ and EINC have a correlation of -0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

TQQQ has higher volatility (27.27%) compared to EINC (6.51%). In terms of maximum drawdown, TQQQ dropped -81.66% vs EINC's -87.55%.

On 10-year performance, TQQQ leads with 45.48% vs 12.03% for EINC. On fees, EINC is cheaper at 0.45% per year. On volatility, EINC has been the lower-risk option at 6.51%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, TQQQ has performed better with a 45.48% return vs 12.03%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

EINC is cheaper with a 0.45% expense ratio, compared with 0.95% for TQQQ.

EINC has the higher dividend yield at 3.51%, compared with 0.42% for TQQQ.

TQQQ is categorized as Leveraged Equities, while EINC is Energy Equities. TQQQ tracks NASDAQ-100 Index (300%), while EINC tracks MVIS North America Energy Infrastructure Index. They also come from different issuers: ProShares and VanEck. Their fees differ too: 0.95% for TQQQ and 0.45% for EINC.

EINC currently has the higher Sharpe Ratio (1.99 vs 1.90), 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.

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