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ETF Comparisons

TQQQ vs. SQQQ

ProShares UltraPro QQQ

TQQQ
$—
Today’s Change
— (—)
vs

ProShares UltraPro Short QQQ

SQQQ
$—
Today’s Change
— (—)

Correlation

-1.00

Compare with

Top 10 comparisons with TQQQ:
Compare:
TQQQ
Correlation
With:
SQQQ
ProShares UltraPro Short QQQ
-1.00
SwitchQLDProShares Trust - ProShares Ultra QQQ 2x Shares1.00QQQInvesco Capital Management LLC - Invesco QQQ Trust Series 11.00QQQMInvesco Exchange-Traded Fund Trust II - Invesco NASDAQ 100 ETF1.00MGKVanguard Group, Inc. - Vanguard Mega Cap Growth ETF0.99ONEQFidelity Covington Trust - Fidelity Nasdaq Composite Index ETF0.99SCHGSchwab Strategic Trust - Schwab U.S. Large-Cap Growth ETF0.99VUGVanguard Group, Inc. - Vanguard Growth ETF0.99IWYBlackRock Institutional Trust Company N.A. - iShares Russell Top 200 Growth ETF0.99IWFBlackRock Institutional Trust Company N.A. - iShares Russell 1000 Growth ETF0.99VONGVanguard Group, Inc. - Vanguard Russell 1000 Growth Index ETF0.99

Top 10 shared holdings

Invest with TQQQ
Learn more about TQQQ
Invest with SQQQ
Learn more about SQQQ
1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade

Performance Measures**

for the time period Feb 11, 2010 to Jul 17, 2026

Returns

1M Trailing Return:

3M Trailing Return:

TQQQ

-12.7%

15.5%

SQQQ

10.0%

-22.9%

Diff.

-22.7%

+38.4%

Measures of Risk or Volatility

Max Drawdown:

Standard Deviation:

TQQQ

-81.7%

61.2%

SQQQ

-100.0%

61.3%

Diff.

+18.3%

-0.1%

Measures of Risk-Adjusted Performance

Sharpe Ratio:

Calmar Ratio:

TQQQ

0.89

0.52

SQQQ

-0.91

-0.53

Diff.

+1.8

+1.05

TQQQProShares UltraPro QQQ
SQQQProShares UltraPro Short QQQ

What is TQQQ?

ProShares UltraPro QQQ seeks daily investment results before fees and expenses that correspond to triple (300%) the daily performance of the NASDAQ-100 Index .

Snapshot
**

TQQQ ProShares UltraPro QQQ
SQQQ ProShares UltraPro Short QQQ
Inception date
Feb 9, 2010
Feb 9, 2010
Expense ratio
0.86%
0.95%
TQQQ has a lower expense ratio than SQQQ by 0.08%. This can indicate that it’s cheaper to invest in TQQQ than SQQQ.
Type
US Equities
US Equities
TQQQ targets investing in US Equities, while SQQQ targets investing in US Equities.
Fund owner
ProShares
ProShares
TQQQ is managed by ProShares, while SQQQ is managed by ProShares.
Volume (1m avg. daily)
$3,460,839,081
$2,217,551,125
Both TQQQ and SQQQ are considered high-volume assets. They’re less likely to be affected by issues like slippage and failed orders on Composer than low-volume assets.
AUM
$16,056,070,130
$4,455,851,279
TQQQ has more assets under management than SQQQ by $11,600,218,851. Higher AUM can be associated with better liquidity and lower slippage in trading.
Associated index
Nasdaq 100 Index
Nasdaq 100 Index
TQQQ is based off of the Nasdaq 100 Index, while SQQQ is based off of the Nasdaq 100 Index
Inverse/Leveraged
Leveraged (3x)
Inverse (-3x)
TQQQ uses Leveraged (3x), while SQQQ uses Inverse (-3x). Inverse and leveraged ETFs can be used to either take an opposite position or amplify returns of a given index.
Passive/Active
Passive
Passive
TQQQ and SQQQ both use a Passive investing strategy. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.
Dividend
No
No
TQQQ and SQQQ may offer dividends. The frequency and yield of the dividend may not be the same.
Prospectus
View
View
Neither TQQQ nor SQQQ require a K1.
When ETFs are inversely correlated, they can be used in actively traded strategies (multiple trades per week) to take positions in opposing directions. For example, if you believe TQQQ is going to fall, it would make sense to invest in SQQQ, as based on historical data, when TQQQ decreases in value, SQQQ tends to increase in value.

Trading Strategies
Related toTQQQ

The Holy Grail

Category

Trend/momentum, leveraged ETFs, tech/Nasdaq focus, volatility hedge, market timing

OOS Cumulative Return

1694.1%

Trading Strategies
Related toSQQQ

Simons KMLM switcher (single pops)| BT 4/13/22 = A.R. 466% / D.D. 22% V2

Category

Tactical, momentum, mean‑reversion, volatility timing, leveraged ETFs, managed futures, risk‑on/risk‑off, event‑driven

OOS Cumulative Return

1178.07%

Create your own algorithmic
trading strategy

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.

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Securities products and brokerage services are offered by Composer Securities LLC, a broker-dealer registered with the SEC and member of FINRA / SIPC. Composer Securities LLC and Composer Technologies Inc. are separate but affiliated companies. Accounts are carried and securities execution, clearance and settlement services are provided by Alpaca Securities LLC, and Apex Clearing Corporation, SEC-registered broker-dealers and members of FINRA / SIPC. Alpaca Securities is a wholly-owned subsidiary of AlpacaDB, Inc. Apex Clearing Corporation, is a wholly-owned subsidiary of Apex Fintech Solutions Inc. Check the background of Composer Securities LLC, Alpaca Securities LLC, and Apex Clearing Corporation on FINRA BrokerCheck . This is not an offer, solicitation of an offer, or advice to buy or sell securities or open a brokerage account in any jurisdiction where Composer Securities is not registered. Securities products offered by Composer Securities are not FDIC insured

With any investment, your capital is at risk. The value of your portfolio with Composer can go down as well as up. Past performance is no guarantee of future results. By using this website, you accept our Terms of Service, Privacy Policy, and Payment Agreement.

Please see Composer Securities' Customer Relationship Summary.

Keep in mind, investing involves risk. Examples are for illustrative purposes and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security. Past performance is no guarantee of future results.

Online trading has inherent risk due to system response, execution price, speed, liquidity, market data and access times that may vary due to market conditions, system performance, market volatility, size and type of order and other factors. An investor should understand these and additional risks before trading.

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Composer Securities does not provide tax advice. This material is for informational purposes only and is not intended to be a substitute for consultation with a qualified tax professional before making any investment decisions.

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Securities products are: Not FDIC insured · Not bank guaranteed · May lose value

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