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TQQQ vs QQQ

Feb 11, 2010 – Sep 23, 2026, TQQQ sets the start date

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TQQQQQQ
Final balance$3,833,610$195,969
CAGR43.06%19.61%
Max drawdown−81.66%−35.12%
Sharpe ratio0.900.97

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Growth of $10,000

  • TQQQ
  • QQQ

Trailing returns

Annualized past 1Y

PeriodTQQQQQQTQQQ − QQQ
YTD50.08%21.07%+29.02%
1Y54.61%24.49%+30.12%
3Y65.84%28.18%+37.66%
5Y18.53%15.41%+3.12%
10Y41.05%20.96%+20.09%
15Y44.28%20.09%+24.19%

Metrics

ReturnTQQQQQQ
Final balance$3,833,610$195,969
Total return38236.10%1859.69%
CAGR43.06%19.61%
Calendar yearsTQQQQQQ
Best year198.05%54.86%
Worst year−79.09%−32.58%
Positive years12 of 1513 of 15
RiskTQQQQQQ
Max drawdown−81.66%−35.12%
Longest drawdown3 years2 years
Volatility (annualized)61.13%20.65%
Risk-adjustedTQQQQQQ
Sharpe ratio0.900.97
Sortino ratio1.271.39
Calmar ratio0.530.56

Worst drawdowns

DeclinePeakBottomRecovered
−81.7%Nov 2021Dec 2022Dec 2024
−69.9%Feb 2020Mar 2020Jul 2020
−58.1%Aug 2018Dec 2018Nov 2019
−58.0%Dec 2024Apr 2025Aug 2025
−44.5%Jul 2015Feb 2016Sep 2016

Annual returns

YearTQQQQQQTQQQ − QQQ
2010*+78.06%+25.87%+52.20%
2011−8.05%+3.48%−11.52%
2012+52.29%+18.11%+34.17%
2013+139.73%+36.63%+103.10%
2014+57.09%+19.18%+37.91%
2015+17.23%+9.44%+7.79%
2016+11.38%+7.10%+4.28%
2017+118.06%+32.66%+85.40%
2018−19.79%−0.13%−19.66%
2019+133.83%+38.96%+94.87%
2020+110.05%+48.41%+61.65%
2021+82.98%+27.42%+55.56%
2022−79.09%−32.58%−46.51%
2023+198.05%+54.86%+143.19%
2024+58.27%+25.58%+32.69%
2025+34.35%+20.77%+13.58%
2026*+50.08%+21.07%+29.02%

* Partial year

Rolling returns

PeriodTQQQ medianQQQ medianMore often ahead
1Y55.18%21.79%TQQQ 76%
3Y45.46%18.17%TQQQ 84%
5Y38.72%17.93%TQQQ 97%
10Y38.34%18.73%TQQQ 100%

About TQQQ vs QQQ

TQQQ, a ProShares fund, aims for three times the Nasdaq-100's return each day, using swaps and futures. The leverage resets daily, so over longer periods its return can land far from three times QQQ's, helped by steady trends and hurt by choppy markets. QQQ holds the Nasdaq-100 stocks without leverage.

TQQQ returned 43.1% a year from Feb 2010 to Sep 2026, against 19.6% for QQQ. Both fell furthest in 2021–2022, TQQQ by 81.7% and QQQ by 35.1%. TQQQ beat QQQ in 12 of 15 full years and in every rolling 10-year period.

Uses daily closing prices with dividends reinvested. Fund fees are included, but not taxes or trading costs. The comparison starts on Feb 11, 2010, when TQQQ's prices begin.

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