UYG vs. TQQQ
Compare and contrast key facts about ProShares Ultra Financials (UYG) and ProShares UltraPro QQQ (TQQQ).
UYG and TQQQ 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. 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. Both UYG and TQQQ 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: UYG or TQQQ.
Correlation
The correlation between UYG and TQQQ is 0.65, 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
UYG vs. TQQQ - Performance Comparison
Key characteristics
UYG:
2.37
TQQQ:
1.04
UYG:
3.11
TQQQ:
1.54
UYG:
1.40
TQQQ:
1.20
UYG:
1.66
TQQQ:
1.33
UYG:
12.87
TQQQ:
4.29
UYG:
5.32%
TQQQ:
13.17%
UYG:
28.86%
TQQQ:
54.54%
UYG:
-97.90%
TQQQ:
-81.66%
UYG:
-2.74%
TQQQ:
-2.79%
Returns By Period
In the year-to-date period, UYG achieves a 15.52% return, which is significantly higher than TQQQ's 14.23% return. Over the past 10 years, UYG has underperformed TQQQ with an annualized return of 16.34%, while TQQQ has yielded a comparatively higher 35.21% annualized return.
UYG
15.52%
7.51%
37.99%
64.14%
13.28%
16.34%
TQQQ
14.23%
8.72%
28.40%
59.66%
26.84%
35.21%
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UYG vs. TQQQ - Expense Ratio Comparison
Both UYG and TQQQ have an expense ratio of 0.95%.
Risk-Adjusted Performance
UYG vs. TQQQ — Risk-Adjusted Performance Rank
UYG
TQQQ
UYG vs. TQQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra Financials (UYG) 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
UYG vs. TQQQ - Dividend Comparison
UYG's dividend yield for the trailing twelve months is around 0.44%, less than TQQQ's 1.11% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
UYG ProShares Ultra Financials | 0.44% | 0.51% | 0.79% | 0.77% | 4.82% | 0.66% | 0.89% | 1.28% | 0.56% | 0.76% | 0.72% | 0.57% |
TQQQ ProShares UltraPro QQQ | 1.11% | 1.27% | 1.26% | 0.57% | 0.00% | 0.00% | 0.06% | 0.11% | 0.00% | 0.00% | 0.01% | 0.03% |
Drawdowns
UYG vs. TQQQ - Drawdown Comparison
The maximum UYG drawdown since its inception was -97.90%, which is greater than TQQQ's maximum drawdown of -81.66%. Use the drawdown chart below to compare losses from any high point for UYG and TQQQ. For additional features, visit the drawdowns tool.
Volatility
UYG vs. TQQQ - Volatility Comparison
The current volatility for ProShares Ultra Financials (UYG) is 5.86%, while ProShares UltraPro QQQ (TQQQ) has a volatility of 14.85%. This indicates that UYG 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.