XTL vs. TQQQ
Compare and contrast key facts about SPDR S&P Telecom ETF (XTL) and ProShares UltraPro QQQ (TQQQ).
XTL and TQQQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XTL is a passively managed fund by State Street that tracks the performance of the S&P Telecom Select Industry Index. It was launched on Jan 26, 2011. 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 XTL 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: XTL or TQQQ.
Key characteristics
| XTL | TQQQ | |
|---|---|---|
| YTD Return | 29.19% | 53.26% |
| 1Y Return | 59.78% | 141.55% |
| 3Y Return (Ann) | 3.15% | 0.79% |
| 5Y Return (Ann) | 9.77% | 35.75% |
| 10Y Return (Ann) | 7.38% | 35.51% |
| Sharpe Ratio | 2.76 | 2.92 |
| Sortino Ratio | 3.62 | 3.03 |
| Omega Ratio | 1.46 | 1.42 |
| Calmar Ratio | 1.67 | 2.38 |
| Martin Ratio | 10.15 | 12.24 |
| Ulcer Index | 6.02% | 12.20% |
| Daily Std Dev | 22.15% | 51.17% |
| Max Drawdown | -37.01% | -81.66% |
| Current Drawdown | -1.69% | -10.32% |
Correlation
The correlation between XTL 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
XTL vs. TQQQ - Performance Comparison
In the year-to-date period, XTL achieves a 29.19% return, which is significantly lower than TQQQ's 53.26% return. Over the past 10 years, XTL has underperformed TQQQ with an annualized return of 7.38%, while TQQQ has yielded a comparatively higher 35.51% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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XTL vs. TQQQ - Expense Ratio Comparison
XTL has a 0.35% expense ratio, which is lower than TQQQ's 0.95% expense ratio.
Risk-Adjusted Performance
XTL vs. TQQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Telecom ETF (XTL) 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
XTL vs. TQQQ - Dividend Comparison
XTL's dividend yield for the trailing twelve months is around 0.60%, less than TQQQ's 1.24% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XTL SPDR S&P Telecom ETF | 0.60% | 0.80% | 0.74% | 1.25% | 0.88% | 0.92% | 1.90% | 2.08% | 1.11% | 1.38% | 1.03% | 0.45% |
TQQQ ProShares UltraPro QQQ | 1.24% | 1.26% | 0.57% | 0.00% | 0.00% | 0.06% | 0.11% | 0.00% | 0.00% | 0.01% | 0.03% | 0.00% |
Drawdowns
XTL vs. TQQQ - Drawdown Comparison
The maximum XTL drawdown since its inception was -37.01%, smaller than the maximum TQQQ drawdown of -81.66%. Use the drawdown chart below to compare losses from any high point for XTL and TQQQ. For additional features, visit the drawdowns tool.
Volatility
XTL vs. TQQQ - Volatility Comparison
The current volatility for SPDR S&P Telecom ETF (XTL) is 4.14%, while ProShares UltraPro QQQ (TQQQ) has a volatility of 11.64%. This indicates that XTL 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.