TTOO vs. TQQQ
Compare and contrast key facts about T2 Biosystems, Inc. (TTOO) and ProShares UltraPro QQQ (TQQQ).
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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TTOO or TQQQ.
Correlation
The correlation between TTOO and TQQQ is 0.21, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
TTOO vs. TQQQ - Performance Comparison
Key characteristics
TTOO:
-0.50
TQQQ:
-0.50
TTOO:
-1.58
TQQQ:
-0.34
TTOO:
0.81
TQQQ:
0.95
TTOO:
-0.96
TQQQ:
-0.56
TTOO:
-1.36
TQQQ:
-1.83
TTOO:
70.11%
TQQQ:
17.10%
TTOO:
192.08%
TQQQ:
63.34%
TTOO:
-100.00%
TQQQ:
-81.66%
TTOO:
-100.00%
TQQQ:
-55.68%
Returns By Period
In the year-to-date period, TTOO achieves a -71.19% return, which is significantly lower than TQQQ's -47.92% return. Over the past 10 years, TTOO has underperformed TQQQ with an annualized return of -74.36%, while TQQQ has yielded a comparatively higher 25.37% annualized return.
TTOO
-71.19%
-12.32%
-93.35%
-95.72%
-86.53%
-74.36%
TQQQ
-47.92%
-38.87%
-42.55%
-30.44%
27.38%
25.37%
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Risk-Adjusted Performance
TTOO vs. TQQQ — Risk-Adjusted Performance Rank
TTOO
TQQQ
TTOO vs. TQQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for T2 Biosystems, Inc. (TTOO) 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.
Dividends
TTOO vs. TQQQ - Dividend Comparison
TTOO has not paid dividends to shareholders, while TQQQ's dividend yield for the trailing twelve months is around 2.40%.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
TTOO T2 Biosystems, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TQQQ ProShares UltraPro QQQ | 2.40% | 1.27% | 1.26% | 0.57% | 0.00% | 0.00% | 0.06% | 0.11% | 0.00% | 0.00% | 0.01% | 0.03% |
Drawdowns
TTOO vs. TQQQ - Drawdown Comparison
The maximum TTOO drawdown since its inception was -100.00%, which is greater than TQQQ's maximum drawdown of -81.66%. Use the drawdown chart below to compare losses from any high point for TTOO and TQQQ. For additional features, visit the drawdowns tool.
Volatility
TTOO vs. TQQQ - Volatility Comparison
The current volatility for T2 Biosystems, Inc. (TTOO) is 30.37%, while ProShares UltraPro QQQ (TQQQ) has a volatility of 33.22%. This indicates that TTOO experiences smaller price fluctuations and is considered to be less risky than TQQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.