TQQQ vs. OOQB
Compare and contrast key facts about ProShares UltraPro QQQ (TQQQ) and Volatility Shares One+One Nasdaq-100® and Bitcoin ETF (OOQB).
TQQQ and OOQB are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TQQQ is a passively managed fund by ProShares that tracks the performance of the NASDAQ-100 Index (300%). It was launched on Feb 9, 2010. OOQB is an actively managed fund by Volatility Shares. It was launched on Feb 18, 2025.
Performance
TQQQ vs. OOQB - Performance Comparison
Loading graphics...
TQQQ vs. OOQB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
TQQQ ProShares UltraPro QQQ | -17.68% | 17.60% |
OOQB Volatility Shares One+One Nasdaq-100® and Bitcoin ETF | -27.42% | -13.30% |
Returns By Period
In the year-to-date period, TQQQ achieves a -17.68% return, which is significantly higher than OOQB's -27.42% return.
TQQQ
- 1D
- 0.23%
- 1M
- -9.77%
- YTD
- -17.68%
- 6M
- -18.09%
- 1Y
- 45.61%
- 3Y*
- 47.33%
- 5Y*
- 13.60%
- 10Y*
- 35.51%
OOQB
- 1D
- 1.78%
- 1M
- -6.25%
- YTD
- -27.42%
- 6M
- -46.56%
- 1Y
- -16.33%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
TQQQ vs. OOQB - Expense Ratio Comparison
TQQQ has a 0.95% expense ratio, which is higher than OOQB's 0.75% expense ratio.
Return for Risk
TQQQ vs. OOQB — Risk / Return Rank
TQQQ
OOQB
TQQQ vs. OOQB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares UltraPro QQQ (TQQQ) and Volatility Shares One+One Nasdaq-100® and Bitcoin ETF (OOQB). 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.
| TQQQ | OOQB | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.68 | -0.28 | +0.96 |
Sortino ratioReturn per unit of downside risk | 1.36 | -0.01 | +1.37 |
Omega ratioGain probability vs. loss probability | 1.19 | 1.00 | +0.19 |
Calmar ratioReturn relative to maximum drawdown | 1.32 | -0.24 | +1.57 |
Martin ratioReturn relative to average drawdown | 3.99 | -0.54 | +4.53 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| TQQQ | OOQB | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.68 | -0.28 | +0.96 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.21 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.54 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.65 | -0.55 | +1.20 |
Correlation
The correlation between TQQQ and OOQB is 0.72, 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 vs. OOQB - Dividend Comparison
TQQQ's dividend yield for the trailing twelve months is around 0.73%, less than OOQB's 13.65% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TQQQ ProShares UltraPro QQQ | 0.73% | 0.65% | 1.27% | 1.26% | 0.57% | 0.00% | 0.00% | 0.06% | 0.11% | 0.00% | 0.00% | 0.01% |
OOQB Volatility Shares One+One Nasdaq-100® and Bitcoin ETF | 13.65% | 9.53% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
TQQQ vs. OOQB - Drawdown Comparison
The maximum TQQQ drawdown since its inception was -81.66%, which is greater than OOQB's maximum drawdown of -53.44%. Use the drawdown chart below to compare losses from any high point for TQQQ and OOQB.
Loading graphics...
Drawdown Indicators
| TQQQ | OOQB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -81.66% | -53.44% | -28.22% |
Max Drawdown (1Y)Largest decline over 1 year | -36.97% | -53.44% | +16.47% |
Max Drawdown (5Y)Largest decline over 5 years | -81.66% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -81.66% | — | — |
Current DrawdownCurrent decline from peak | -27.92% | -49.90% | +21.98% |
Average DrawdownAverage peak-to-trough decline | -18.67% | -20.05% | +1.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.26% | 24.19% | -11.93% |
Volatility
TQQQ vs. OOQB - Volatility Comparison
ProShares UltraPro QQQ (TQQQ) and Volatility Shares One+One Nasdaq-100® and Bitcoin ETF (OOQB) have volatilities of 19.09% and 18.65%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| TQQQ | OOQB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.09% | 18.65% | +0.44% |
Volatility (6M)Calculated over the trailing 6-month period | 38.47% | 46.10% | -7.63% |
Volatility (1Y)Calculated over the trailing 1-year period | 67.32% | 59.59% | +7.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 66.51% | 61.88% | +4.63% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 65.81% | 61.88% | +3.93% |