UYG vs. SQQQ
Compare and contrast key facts about ProShares Ultra Financials (UYG) and ProShares UltraPro Short QQQ (SQQQ).
UYG and SQQQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. UYG is a passively managed fund by ProShares that tracks the performance of the Dow Jones U.S. Financials Index (200%). It was launched on Jan 30, 2007. SQQQ is a passively managed fund by ProShares that tracks the performance of the NASDAQ-100 Index (-300%). It was launched on Feb 9, 2010. Both UYG and SQQQ are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
UYG vs. SQQQ - Performance Comparison
Loading graphics...
UYG vs. SQQQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
UYG ProShares Ultra Financials | -19.81% | 19.77% | 55.71% | 22.14% | -32.11% | 76.26% | -20.32% | 66.15% | -22.61% | 39.28% |
SQQQ ProShares UltraPro Short QQQ | 13.99% | -53.05% | -49.79% | -73.61% | 82.40% | -60.87% | -86.40% | -65.92% | -20.83% | -58.67% |
Returns By Period
In the year-to-date period, UYG achieves a -19.81% return, which is significantly lower than SQQQ's 13.99% return. Over the past 10 years, UYG has outperformed SQQQ with an annualized return of 16.07%, while SQQQ has yielded a comparatively lower -52.71% annualized return.
UYG
- 1D
- -0.02%
- 1M
- -7.05%
- YTD
- -19.81%
- 6M
- -16.54%
- 1Y
- -7.79%
- 3Y*
- 25.32%
- 5Y*
- 11.21%
- 10Y*
- 16.07%
SQQQ
- 1D
- -3.78%
- 1M
- 10.61%
- YTD
- 13.99%
- 6M
- 6.42%
- 1Y
- -56.13%
- 3Y*
- -49.39%
- 5Y*
- -42.70%
- 10Y*
- -52.71%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
UYG vs. SQQQ - Expense Ratio Comparison
Both UYG and SQQQ have an expense ratio of 0.95%.
Return for Risk
UYG vs. SQQQ — Risk / Return Rank
UYG
SQQQ
UYG vs. SQQQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra Financials (UYG) and ProShares UltraPro Short QQQ (SQQQ). 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.
| UYG | SQQQ | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.20 | -0.84 | +0.63 |
Sortino ratioReturn per unit of downside risk | -0.02 | -1.14 | +1.12 |
Omega ratioGain probability vs. loss probability | 1.00 | 0.84 | +0.15 |
Calmar ratioReturn relative to maximum drawdown | -0.28 | -0.76 | +0.48 |
Martin ratioReturn relative to average drawdown | -0.81 | -0.87 | +0.07 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| UYG | SQQQ | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.20 | -0.84 | +0.63 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.31 | -0.64 | +0.95 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.39 | -0.80 | +1.19 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.01 | -0.85 | +0.83 |
Correlation
The correlation between UYG and SQQQ is -0.65. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Dividends
UYG vs. SQQQ - Dividend Comparison
UYG's dividend yield for the trailing twelve months is around 14.57%, more than SQQQ's 5.99% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
UYG ProShares Ultra Financials | 14.57% | 11.72% | 0.51% | 0.79% | 0.77% | 9.39% | 0.66% | 0.90% | 1.28% | 0.56% | 0.76% | 0.72% |
SQQQ ProShares UltraPro Short QQQ | 5.99% | 9.36% | 10.23% | 8.01% | 0.28% | 0.00% | 2.15% | 2.92% | 1.47% | 0.14% | 0.00% | 0.00% |
Drawdowns
UYG vs. SQQQ - Drawdown Comparison
The maximum UYG drawdown since its inception was -97.90%, roughly equal to the maximum SQQQ drawdown of -100.00%. Use the drawdown chart below to compare losses from any high point for UYG and SQQQ.
Loading graphics...
Drawdown Indicators
| UYG | SQQQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.90% | -100.00% | +2.10% |
Max Drawdown (1Y)Largest decline over 1 year | -28.91% | -75.23% | +46.32% |
Max Drawdown (5Y)Largest decline over 5 years | -47.77% | -95.36% | +47.59% |
Max Drawdown (10Y)Largest decline over 10 years | -69.98% | -99.96% | +29.98% |
Current DrawdownCurrent decline from peak | -24.26% | -100.00% | +75.74% |
Average DrawdownAverage peak-to-trough decline | -63.77% | -92.32% | +28.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.20% | 65.40% | -55.20% |
Volatility
UYG vs. SQQQ - Volatility Comparison
The current volatility for ProShares Ultra Financials (UYG) is 9.56%, while ProShares UltraPro Short QQQ (SQQQ) has a volatility of 19.98%. This indicates that UYG experiences smaller price fluctuations and is considered to be less risky than SQQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| UYG | SQQQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.56% | 19.98% | -10.42% |
Volatility (6M)Calculated over the trailing 6-month period | 23.03% | 38.23% | -15.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 38.60% | 67.38% | -28.78% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.15% | 66.65% | -30.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 41.07% | 65.97% | -24.90% |