UOPIX vs. TQQQ
Compare and contrast key facts about ProFunds UltraNASDAQ-100 Fund (UOPIX) and ProShares UltraPro QQQ (TQQQ).
UOPIX is managed by ProFunds. It was launched on Nov 30, 1997. 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: UOPIX or TQQQ.
Key characteristics
| UOPIX | TQQQ | |
|---|---|---|
| YTD Return | 44.97% | 64.96% |
| 1Y Return | 76.13% | 119.79% |
| 3Y Return (Ann) | 3.23% | 0.92% |
| 5Y Return (Ann) | 22.45% | 36.02% |
| 10Y Return (Ann) | 23.53% | 36.15% |
| Sharpe Ratio | 2.08 | 2.20 |
| Sortino Ratio | 2.56 | 2.54 |
| Omega Ratio | 1.34 | 1.34 |
| Calmar Ratio | 1.82 | 2.04 |
| Martin Ratio | 9.05 | 9.24 |
| Ulcer Index | 8.10% | 12.40% |
| Daily Std Dev | 35.30% | 52.07% |
| Max Drawdown | -98.91% | -81.66% |
| Current Drawdown | 0.00% | -3.47% |
Correlation
The correlation between UOPIX and TQQQ is 0.99, 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.
Performance
UOPIX vs. TQQQ - Performance Comparison
In the year-to-date period, UOPIX achieves a 44.97% return, which is significantly lower than TQQQ's 64.96% return. Over the past 10 years, UOPIX has underperformed TQQQ with an annualized return of 23.53%, while TQQQ has yielded a comparatively higher 36.15% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
UOPIX vs. TQQQ - Expense Ratio Comparison
UOPIX has a 1.47% expense ratio, which is higher than TQQQ's 0.95% expense ratio.
Risk-Adjusted Performance
UOPIX vs. TQQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ProFunds UltraNASDAQ-100 Fund (UOPIX) 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
UOPIX vs. TQQQ - Dividend Comparison
UOPIX's dividend yield for the trailing twelve months is around 0.40%, less than TQQQ's 1.15% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
UOPIX ProFunds UltraNASDAQ-100 Fund | 0.40% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TQQQ ProShares UltraPro QQQ | 1.15% | 1.26% | 0.57% | 0.00% | 0.00% | 0.06% | 0.11% | 0.00% | 0.00% | 0.01% | 0.03% |
Drawdowns
UOPIX vs. TQQQ - Drawdown Comparison
The maximum UOPIX drawdown since its inception was -98.91%, which is greater than TQQQ's maximum drawdown of -81.66%. Use the drawdown chart below to compare losses from any high point for UOPIX and TQQQ. For additional features, visit the drawdowns tool.
Volatility
UOPIX vs. TQQQ - Volatility Comparison
The current volatility for ProFunds UltraNASDAQ-100 Fund (UOPIX) is 10.32%, while ProShares UltraPro QQQ (TQQQ) has a volatility of 15.47%. This indicates that UOPIX 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.