TQQY vs. INTW

Last updated Jul 17, 2026

TQQY (GraniteShares YieldBOOST QQQ ETF) and INTW (GraniteShares 2x Long INTC Daily ETF) are both Leveraged Equities funds from GraniteShares. Both are actively managed. Over the past year, TQQY returned 7.29% vs 833.60% for INTW. At a 0.41 correlation, their price movements are largely independent. TQQY charges 1.07%/yr vs 1.50%/yr for INTW.

Performance

TQQY vs. INTW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GraniteShares YieldBOOST QQQ ETF (TQQY) and GraniteShares 2x Long INTC Daily ETF (INTW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TQQY achieves a 4.85% return, which is significantly lower than INTW's 332.72% return.

TQQY

• 1D: -1.13%
• 1M: 0.33%
• 6M: 4.24%
• YTD: 4.85%
• 1Y: 7.29%
• 3Y*: —
• 5Y*: —
• 10Y*: —

INTW

• 1D: -11.89%
• 1M: -36.23%
• 6M: 160.20%
• YTD: 332.72%
• 1Y: 833.60%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TQQY vs. INTW - Yearly Performance Comparison

	2026 (YTD)	2025
TQQY GraniteShares YieldBOOST QQQ ETF	4.85%	-6.04%
INTW GraniteShares 2x Long INTC Daily ETF	332.72%	72.60%

Correlation

The correlation between TQQY and INTW is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.40
Correlation (All Time) Calculated using the full available price history since Feb 26, 2025	0.41

Return for Risk

TQQY vs. INTW — Risk / Return Rank

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

TQQY

TQQY Risk / Return Rank: 15
TQQY Sharpe Ratio Rank: 15
TQQY Sortino Ratio Rank: 14
TQQY Omega Ratio Rank: 16
TQQY Calmar Ratio Rank: 15
TQQY Martin Ratio Rank: 15

INTW

INTW Risk / Return Rank: 96
INTW Sharpe Ratio Rank: 99
INTW Sortino Ratio Rank: 94
INTW Omega Ratio Rank: 91
INTW Calmar Ratio Rank: 99
INTW Martin Ratio Rank: 97

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.

TQQY vs. INTW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares YieldBOOST QQQ ETF (TQQY) and GraniteShares 2x Long INTC Daily ETF (INTW). 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.

	TQQY	INTW	Difference
Sharpe ratio: Return per unit of total volatility	0.34	5.47	-5.12
Sortino ratio: Return per unit of downside risk	0.54	3.89	-3.35
Omega ratio: Gain probability vs. loss probability	1.09	1.48	-0.40
Calmar ratio: Return relative to maximum drawdown	0.38	15.18	-14.80
Martin ratio: Return relative to average drawdown	0.89	36.20	-35.31

TQQY vs. INTW - Sharpe Ratio Comparison

The current TQQY Sharpe Ratio is 0.34, which is lower than the INTW Sharpe Ratio of 5.47. The chart below compares the historical Sharpe Ratios of TQQY and INTW, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

TQQY vs. INTW - Drawdown Comparison

The maximum TQQY drawdown since its inception was -26.06%, smaller than the maximum INTW drawdown of -60.58%. Use the drawdown chart below to compare losses from any high point for TQQY and INTW.

Drawdown Indicators

	TQQY	INTW	Difference
Max Drawdown Largest peak-to-trough decline	-26.06%	-60.58%	+34.52%
Max Drawdown (1Y) Largest decline over 1 year	-19.35%	-55.46%	+36.11%
Current Drawdown Current decline from peak	-6.34%	-55.46%	+49.12%
Average Drawdown Average peak-to-trough decline	-9.71%	-29.73%	+20.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.17%	23.21%	-15.04%

Volatility

TQQY vs. INTW - Volatility Comparison

The current volatility for GraniteShares YieldBOOST QQQ ETF (TQQY) is 3.52%, while GraniteShares 2x Long INTC Daily ETF (INTW) has a volatility of 52.06%. This indicates that TQQY experiences smaller price fluctuations and is considered to be less risky than INTW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TQQY	INTW	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.52%	52.06%	-48.54%
Volatility (6M) Calculated over the trailing 6-month period	13.81%	123.38%	-109.57%
Volatility (1Y) Calculated over the trailing 1-year period	21.32%	154.09%	-132.77%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.32%	149.56%	-126.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.32%	149.56%	-126.24%

TQQY vs. INTW - Expense Ratio Comparison

TQQY has a 1.07% expense ratio, which is lower than INTW's 1.50% expense ratio.

Dividends

TQQY vs. INTW - Dividend Comparison

TQQY's dividend yield for the trailing twelve months is around 60.50%, while INTW has not paid dividends to shareholders.

Position	TTM	2025
INTW GraniteShares 2x Long INTC Daily ETF	0.00%	0.00%
TQQY GraniteShares YieldBOOST QQQ ETF	60.50%	49.61%

Frequently Asked Questions

Can I hold both TQQY and INTW in my portfolio?

TQQY and INTW have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TQQY or INTW?

INTW has higher volatility (52.06%) compared to TQQY (3.52%). In terms of maximum drawdown, TQQY dropped -26.06% vs INTW's -60.58%.

Which ETF is better, TQQY or INTW?

On 1-year performance, INTW leads with 833.60% vs 7.29% for TQQY. On fees, TQQY is cheaper at 1.07% per year. On volatility, TQQY has been the lower-risk option at 3.52%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TQQY or INTW?

Over the 1-year period, INTW has performed better with a 833.60% return vs 7.29%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TQQY or INTW?

TQQY is cheaper with a 1.07% expense ratio, compared with 1.50% for INTW.

Which ETF pays a higher dividend yield, TQQY or INTW?

TQQY has the higher dividend yield at 60.50%, compared with 0.00% for INTW.

What is the main difference between TQQY and INTW?

Their fees differ too: 1.07% for TQQY and 1.50% for INTW.

Which has better risk-adjusted returns?

INTW currently has the higher Sharpe Ratio (5.47 vs 0.34), 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.