XDQQ vs. SDP
XDQQ (Innovator Growth Accelerated ETF - Quarterly) and SDP (ProShares UltraShort Utilities) are both Leveraged Equities funds. XDQQ is actively managed, while SDP is passively managed. Over the past 5 years, XDQQ returned 6.22%/yr vs -15.97%/yr for SDP. Their -0.23 correlation means they have often moved in opposite directions in the past. XDQQ charges 0.79%/yr vs 0.95%/yr for SDP.
Performance
XDQQ vs. SDP - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, XDQQ achieves a -1.59% return, which is significantly higher than SDP's -9.06% return.
XDQQ
- 1D
- 1.78%
- 1M
- -1.63%
- 6M
- -3.53%
- YTD
- -1.59%
- 1Y
- 10.17%
- 3Y*
- 15.50%
- 5Y*
- 6.22%
- 10Y*
- —
- ALL TIME*
- 7.95%
SDP
- 1D
- 0.11%
- 1M
- 6.41%
- 6M
- -9.83%
- YTD
- -9.06%
- 1Y
- -8.08%
- 3Y*
- -21.20%
- 5Y*
- -15.97%
- 10Y*
- -20.62%
- ALL TIME*
- -21.26%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $191.10K | $103.59K | $83.62K | |
| $488.37K | $671.97K | $332.30K |
XDQQ vs. SDP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
XDQQ Innovator Growth Accelerated ETF - Quarterly | -1.59% | 13.75% | 31.47% | 30.15% | -33.74% | 18.52% |
SDP ProShares UltraShort Utilities | -9.06% | -22.59% | -30.11% | 18.95% | -12.54% | -26.62% |
Correlation
The correlation between XDQQ and SDP is -0.09, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.09 |
Correlation (3Y) Balances recent behavior with more history. | -0.12 |
Correlation (5Y) Shows whether the relationship held over a longer period. | -0.23 |
Correlation (All Time) Calculated using the full available price history since Apr 1, 2021 | -0.23 |
The correlation between XDQQ and SDP shifts across timeframes, from -0.23 (all time) to -0.09 (1 year), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
XDQQ vs. SDP — Risk / Return Rank
XDQQ
SDP
XDQQ vs. SDP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Innovator Growth Accelerated ETF - Quarterly (XDQQ) and ProShares UltraShort Utilities (SDP). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| XDQQ | SDP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.93 | ||
| Sortino ratioReturn per unit of downside risk | +1.18 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 0.98 | +0.16 |
| Calmar ratioReturn relative to maximum drawdown | 0.86 | -0.32 | +1.18 |
| Martin ratioReturn relative to average drawdown | 3.44 | -0.52 | +3.97 |
Loading charts...
Drawdowns
XDQQ vs. SDP - Drawdown Comparison
The maximum XDQQ drawdown since its inception was -35.63%, smaller than the maximum SDP drawdown of -99.56%. Use the drawdown chart below to compare losses from any high point for XDQQ and SDP.
Loading charts...
Drawdown Indicators
| XDQQ | SDP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.63% | -99.56% | +63.93% |
Max Drawdown (1Y)Largest decline over 1 year | -11.84% | -25.44% | +13.60% |
Max Drawdown (3Y)Largest decline over 3 years | -23.17% | -66.17% | +43.00% |
Max Drawdown (5Y)Largest decline over 5 years | -35.63% | -66.17% | +30.54% |
Max Drawdown (10Y)Largest decline over 10 years | — | -92.43% | — |
Current DrawdownCurrent decline from peak | -4.45% | -99.50% | +95.05% |
Average DrawdownAverage peak-to-trough decline | -10.57% | -82.25% | +71.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.96% | 15.48% | -12.52% |
Volatility
XDQQ vs. SDP - Volatility Comparison
The current volatility for Innovator Growth Accelerated ETF - Quarterly (XDQQ) is 7.30%, while ProShares UltraShort Utilities (SDP) has a volatility of 8.39%. This indicates that XDQQ experiences smaller price fluctuations and is considered to be less risky than SDP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| XDQQ | SDP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.30% | 8.39% | -1.09% |
Volatility (6M)Calculated over the trailing 6-month period | 12.00% | 24.16% | -12.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.51% | 30.20% | -14.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.04% | 34.44% | -14.40% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.62% | 37.64% | -18.02% |
XDQQ vs. SDP - Expense Ratio Comparison
XDQQ has a 0.79% expense ratio, which is lower than SDP's 0.95% expense ratio.
Dividends
XDQQ vs. SDP - Dividend Comparison
XDQQ has not paid dividends to shareholders, while SDP's dividend yield for the trailing twelve months is around 4.08%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
SDP ProShares UltraShort Utilities | 4.08% | 3.99% | 4.66% | 3.04% | 0.56% | 0.00% | 0.13% | 0.87% | 0.05% |
XDQQ Innovator Growth Accelerated ETF - Quarterly | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
XDQQ and SDP have a correlation of -0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SDP has higher volatility (8.39%) compared to XDQQ (7.30%). In terms of maximum drawdown, XDQQ dropped -35.63% vs SDP's -99.56%.
On 5-year performance, XDQQ leads with 6.22% vs -15.97% for SDP. On fees, XDQQ is cheaper at 0.79% per year. On volatility, XDQQ has been the lower-risk option at 7.30%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, XDQQ has performed better with a 6.22% return vs -15.97%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
XDQQ is cheaper with a 0.79% expense ratio, compared with 0.95% for SDP.
SDP has the higher dividend yield at 4.08%, compared with 0.00% for XDQQ.
They also come from different issuers: Innovator and ProShares. Their fees differ too: 0.79% for XDQQ and 0.95% for SDP.
XDQQ currently has the higher Sharpe Ratio (0.66 vs -0.27), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for XDQQ and SDP
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer