USNQX vs. TQQQ
Compare and contrast key facts about USAA Nasdaq 100 Index Fund (USNQX) and ProShares UltraPro QQQ (TQQQ).
USNQX is managed by Victory Capital. It was launched on Oct 27, 2000. 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: USNQX or TQQQ.
Correlation
The correlation between USNQX and TQQQ is 0.90, 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
USNQX vs. TQQQ - Performance Comparison
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Key characteristics
USNQX:
0.37
TQQQ:
0.02
USNQX:
0.70
TQQQ:
0.56
USNQX:
1.10
TQQQ:
1.08
USNQX:
0.41
TQQQ:
0.04
USNQX:
1.35
TQQQ:
0.09
USNQX:
7.00%
TQQQ:
21.82%
USNQX:
25.21%
TQQQ:
74.54%
USNQX:
-74.36%
TQQQ:
-81.66%
USNQX:
-9.48%
TQQQ:
-36.39%
Returns By Period
In the year-to-date period, USNQX achieves a -4.45% return, which is significantly higher than TQQQ's -25.26% return. Over the past 10 years, USNQX has underperformed TQQQ with an annualized return of 15.02%, while TQQQ has yielded a comparatively higher 29.84% annualized return.
USNQX
-4.45%
9.34%
-6.47%
8.99%
14.17%
15.02%
TQQQ
-25.26%
27.81%
-28.29%
1.00%
26.28%
29.84%
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USNQX vs. TQQQ - Expense Ratio Comparison
USNQX has a 0.42% expense ratio, which is lower than TQQQ's 0.95% expense ratio.
Risk-Adjusted Performance
USNQX vs. TQQQ — Risk-Adjusted Performance Rank
USNQX
TQQQ
USNQX vs. TQQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for USAA Nasdaq 100 Index Fund (USNQX) 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.
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Dividends
USNQX vs. TQQQ - Dividend Comparison
USNQX's dividend yield for the trailing twelve months is around 0.42%, less than TQQQ's 1.67% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
USNQX USAA Nasdaq 100 Index Fund | 0.42% | 0.40% | 0.58% | 0.28% | 0.24% | 0.37% | 0.55% | 0.65% | 0.46% | 0.50% | 0.62% | 0.21% |
TQQQ ProShares UltraPro QQQ | 1.67% | 1.27% | 1.26% | 0.57% | 0.00% | 0.00% | 0.06% | 0.11% | 0.00% | 0.00% | 0.01% | 0.03% |
Drawdowns
USNQX vs. TQQQ - Drawdown Comparison
The maximum USNQX drawdown since its inception was -74.36%, smaller than the maximum TQQQ drawdown of -81.66%. Use the drawdown chart below to compare losses from any high point for USNQX and TQQQ. For additional features, visit the drawdowns tool.
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Volatility
USNQX vs. TQQQ - Volatility Comparison
The current volatility for USAA Nasdaq 100 Index Fund (USNQX) is 8.19%, while ProShares UltraPro QQQ (TQQQ) has a volatility of 24.57%. This indicates that USNQX 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.
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