VNET vs. TQQQ
Compare and contrast key facts about 21Vianet Group, Inc. (VNET) and ProShares UltraPro QQQ (TQQQ).
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: VNET or TQQQ.
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
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Key characteristics
VNET:
2.22
TQQQ:
0.23
VNET:
2.75
TQQQ:
0.90
VNET:
1.32
TQQQ:
1.12
VNET:
2.34
TQQQ:
0.35
VNET:
8.96
TQQQ:
0.93
VNET:
25.04%
TQQQ:
22.00%
VNET:
100.02%
TQQQ:
75.64%
VNET:
-96.67%
TQQQ:
-81.66%
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
31.43%
13.27%
82.16%
219.49%
-18.21%
-10.67%
TQQQ
-10.82%
41.85%
-13.43%
17.52%
32.19%
31.57%
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Risk-Adjusted Performance
VNET vs. TQQQ — Risk-Adjusted Performance Rank
VNET
TQQQ
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.
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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%.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
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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