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:
-0.76
TQQQ:
1.37
TTOO:
-2.47
TQQQ:
1.84
TTOO:
0.74
TQQQ:
1.25
TTOO:
-0.93
TQQQ:
1.55
TTOO:
-1.61
TQQQ:
5.79
TTOO:
58.19%
TQQQ:
12.58%
TTOO:
123.63%
TQQQ:
53.25%
TTOO:
-100.00%
TQQQ:
-81.66%
TTOO:
-100.00%
TQQQ:
-11.00%
Returns By Period
In the year-to-date period, TTOO achieves a -94.42% return, which is significantly lower than TQQQ's 65.52% return. Over the past 10 years, TTOO has underperformed TQQQ with an annualized return of -71.44%, while TQQQ has yielded a comparatively higher 35.36% annualized return.
TTOO
-94.42%
-17.80%
-94.10%
-93.30%
-85.53%
-71.44%
TQQQ
65.52%
6.50%
12.39%
66.67%
32.06%
35.36%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
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 0.88%.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|
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% |
ProShares UltraPro QQQ | 0.88% | 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
T2 Biosystems, Inc. (TTOO) has a higher volatility of 37.43% compared to ProShares UltraPro QQQ (TQQQ) at 16.08%. This indicates that TTOO's price experiences larger fluctuations and is considered to be riskier than TQQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.