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VNET vs. TQQQ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between VNET and TQQQ is 0.30, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Performance

VNET vs. TQQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in 21Vianet Group, Inc. (VNET) and ProShares UltraPro QQQ (TQQQ). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

VNET:

2.22

TQQQ:

0.23

Sortino Ratio

VNET:

2.75

TQQQ:

0.90

Omega Ratio

VNET:

1.32

TQQQ:

1.12

Calmar Ratio

VNET:

2.34

TQQQ:

0.35

Martin Ratio

VNET:

8.96

TQQQ:

0.93

Ulcer Index

VNET:

25.04%

TQQQ:

22.00%

Daily Std Dev

VNET:

100.02%

TQQQ:

75.64%

Max Drawdown

VNET:

-96.67%

TQQQ:

-81.66%

Current Drawdown

VNET:

-85.38%

TQQQ:

-24.11%

Returns By Period

In the year-to-date period, VNET achieves a 31.43% return, which is significantly higher than TQQQ's -10.82% return. Over the past 10 years, VNET has underperformed TQQQ with an annualized return of -10.67%, while TQQQ has yielded a comparatively higher 31.57% annualized return.


VNET

YTD

31.43%

1M

13.27%

6M

82.16%

1Y

219.49%

5Y*

-18.21%

10Y*

-10.67%

TQQQ

YTD

-10.82%

1M

41.85%

6M

-13.43%

1Y

17.52%

5Y*

32.19%

10Y*

31.57%

*Annualized

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Risk-Adjusted Performance

VNET vs. TQQQ — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

VNET
The Risk-Adjusted Performance Rank of VNET is 9494
Overall Rank
The Sharpe Ratio Rank of VNET is 9797
Sharpe Ratio Rank
The Sortino Ratio Rank of VNET is 9393
Sortino Ratio Rank
The Omega Ratio Rank of VNET is 8989
Omega Ratio Rank
The Calmar Ratio Rank of VNET is 9595
Calmar Ratio Rank
The Martin Ratio Rank of VNET is 9494
Martin Ratio Rank

TQQQ
The Risk-Adjusted Performance Rank of TQQQ is 4141
Overall Rank
The Sharpe Ratio Rank of TQQQ is 2626
Sharpe Ratio Rank
The Sortino Ratio Rank of TQQQ is 5353
Sortino Ratio Rank
The Omega Ratio Rank of TQQQ is 5353
Omega Ratio Rank
The Calmar Ratio Rank of TQQQ is 4040
Calmar Ratio Rank
The Martin Ratio Rank of TQQQ is 3131
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

VNET vs. TQQQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for 21Vianet Group, Inc. (VNET) 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.


The current VNET Sharpe Ratio is 2.22, which is higher than the TQQQ Sharpe Ratio of 0.23. The chart below compares the historical Sharpe Ratios of VNET and TQQQ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

VNET vs. TQQQ - Dividend Comparison

VNET has not paid dividends to shareholders, while TQQQ's dividend yield for the trailing twelve months is around 1.40%.


TTM20242023202220212020201920182017201620152014
VNET
21Vianet Group, Inc.
0.00%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
1.40%1.27%1.26%0.57%0.00%0.00%0.06%0.11%0.00%0.00%0.01%0.03%

Drawdowns

VNET vs. TQQQ - Drawdown Comparison

The maximum VNET drawdown since its inception was -96.67%, which is greater than TQQQ's maximum drawdown of -81.66%. Use the drawdown chart below to compare losses from any high point for VNET and TQQQ. For additional features, visit the drawdowns tool.


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Volatility

VNET vs. TQQQ - Volatility Comparison

21Vianet Group, Inc. (VNET) has a higher volatility of 35.44% compared to ProShares UltraPro QQQ (TQQQ) at 22.30%. This indicates that VNET's price experiences larger fluctuations and is considered to be riskier than TQQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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