UPST vs. TQQQ
Compare and contrast key facts about Upstart Holdings, Inc. (UPST) 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: UPST or TQQQ.
Key characteristics
| UPST | TQQQ | |
|---|---|---|
| YTD Return | -43.61% | 10.73% |
| 1Y Return | 65.76% | 100.94% |
| 3Y Return (Ann) | -40.56% | 2.17% |
| Sharpe Ratio | 0.54 | 2.18 |
| Daily Std Dev | 110.82% | 48.20% |
| Max Drawdown | -96.90% | -81.66% |
| Current Drawdown | -94.09% | -35.20% |
Correlation
The correlation between UPST and TQQQ is 0.51, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
UPST vs. TQQQ - Performance Comparison
In the year-to-date period, UPST achieves a -43.61% return, which is significantly lower than TQQQ's 10.73% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
UPST vs. TQQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Upstart Holdings, Inc. (UPST) 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
UPST vs. TQQQ - Dividend Comparison
UPST has not paid dividends to shareholders, while TQQQ's dividend yield for the trailing twelve months is around 1.26%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
UPST Upstart Holdings, Inc. | 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 | 1.26% | 1.26% | 0.57% | 0.00% | 0.00% | 0.06% | 0.11% | 0.00% | 0.00% | 0.01% | 0.03% |
Drawdowns
UPST vs. TQQQ - Drawdown Comparison
The maximum UPST drawdown since its inception was -96.90%, which is greater than TQQQ's maximum drawdown of -81.66%. Use the drawdown chart below to compare losses from any high point for UPST and TQQQ. For additional features, visit the drawdowns tool.
Volatility
UPST vs. TQQQ - Volatility Comparison
Upstart Holdings, Inc. (UPST) and ProShares UltraPro QQQ (TQQQ) have volatilities of 15.38% and 15.55%, 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.