WIMI vs. TQQQ
Compare and contrast key facts about WiMi Hologram Cloud Inc. (WIMI) 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: WIMI or TQQQ.
Correlation
The correlation between WIMI and TQQQ is 0.32, 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
WIMI vs. TQQQ - Performance Comparison
Key characteristics
WIMI:
0.10
TQQQ:
1.02
WIMI:
1.57
TQQQ:
1.52
WIMI:
1.21
TQQQ:
1.20
WIMI:
0.17
TQQQ:
1.30
WIMI:
0.34
TQQQ:
4.20
WIMI:
48.99%
TQQQ:
13.17%
WIMI:
163.74%
TQQQ:
54.43%
WIMI:
-97.66%
TQQQ:
-81.66%
WIMI:
-96.01%
TQQQ:
-2.78%
Returns By Period
In the year-to-date period, WIMI achieves a -46.70% return, which is significantly lower than TQQQ's 14.24% return.
WIMI
-46.70%
-10.77%
29.74%
-3.33%
N/A
N/A
TQQQ
14.24%
8.73%
26.68%
63.46%
28.35%
35.19%
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Risk-Adjusted Performance
WIMI vs. TQQQ — Risk-Adjusted Performance Rank
WIMI
TQQQ
WIMI vs. TQQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for WiMi Hologram Cloud Inc. (WIMI) 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
WIMI vs. TQQQ - Dividend Comparison
WIMI has not paid dividends to shareholders, while TQQQ's dividend yield for the trailing twelve months is around 1.11%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WIMI WiMi Hologram Cloud 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 | 1.11% | 1.27% | 1.26% | 0.57% | 0.00% | 0.00% | 0.06% | 0.11% | 0.00% | 0.00% | 0.01% | 0.03% |
Drawdowns
WIMI vs. TQQQ - Drawdown Comparison
The maximum WIMI drawdown since its inception was -97.66%, which is greater than TQQQ's maximum drawdown of -81.66%. Use the drawdown chart below to compare losses from any high point for WIMI and TQQQ. For additional features, visit the drawdowns tool.
Volatility
WIMI vs. TQQQ - Volatility Comparison
WiMi Hologram Cloud Inc. (WIMI) has a higher volatility of 21.35% compared to ProShares UltraPro QQQ (TQQQ) at 14.19%. This indicates that WIMI'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.