USD vs. QQQ
Compare and contrast key facts about ProShares Ultra Semiconductors (USD) and Invesco QQQ (QQQ).
USD and QQQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. USD is a passively managed fund by ProShares that tracks the performance of the Dow Jones U.S. Semiconductors Index (200%). It was launched on Jan 30, 2007. QQQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 10, 1999. Both USD and QQQ are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: USD or QQQ.
Performance
USD vs. QQQ - Performance Comparison
Returns By Period
In the year-to-date period, USD achieves a 149.43% return, which is significantly higher than QQQ's 23.47% return. Over the past 10 years, USD has outperformed QQQ with an annualized return of 46.55%, while QQQ has yielded a comparatively lower 18.10% annualized return.
USD
149.43%
-0.07%
30.09%
179.44%
59.63%
46.55%
QQQ
23.47%
1.82%
10.79%
29.73%
20.93%
18.10%
Key characteristics
| USD | QQQ | |
|---|---|---|
| Sharpe Ratio | 2.38 | 1.80 |
| Sortino Ratio | 2.61 | 2.40 |
| Omega Ratio | 1.34 | 1.32 |
| Calmar Ratio | 3.97 | 2.31 |
| Martin Ratio | 10.43 | 8.39 |
| Ulcer Index | 18.19% | 3.73% |
| Daily Std Dev | 79.68% | 17.41% |
| Max Drawdown | -87.93% | -82.98% |
| Current Drawdown | -17.53% | -2.08% |
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USD vs. QQQ - Expense Ratio Comparison
USD has a 0.95% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Correlation
The correlation between USD and QQQ is 0.83, 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.
Risk-Adjusted Performance
USD vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra Semiconductors (USD) and Invesco QQQ (QQQ). 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
USD vs. QQQ - Dividend Comparison
USD's dividend yield for the trailing twelve months is around 0.04%, less than QQQ's 0.60% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
USD ProShares Ultra Semiconductors | 0.04% | 0.10% | 0.59% | 0.00% | 0.20% | 1.29% | 1.66% | 0.48% | 7.43% | 0.79% | 3.53% | 0.92% |
QQQ Invesco QQQ | 0.60% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.02% |
Drawdowns
USD vs. QQQ - Drawdown Comparison
The maximum USD drawdown since its inception was -87.93%, which is greater than QQQ's maximum drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for USD and QQQ. For additional features, visit the drawdowns tool.
Volatility
USD vs. QQQ - Volatility Comparison
ProShares Ultra Semiconductors (USD) has a higher volatility of 19.15% compared to Invesco QQQ (QQQ) at 5.66%. This indicates that USD's price experiences larger fluctuations and is considered to be riskier than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.