FFLG vs PSQ

Comparison between FIDELITY FUNDAMENTAL LARGE CAP GROWTH ETF (FFLG, ETF) and ProShares Short QQQ -1x Shares (PSQ, ETF).

5-Year PerformanceFFLG has outperformed PSQ, delivering a return of +11.7% compared to -15.1%

FFLG vs PSQ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FFLG(ETF)	PSQ(ETF)
Net Assets	$658M	$658M
Expense Ratio	0.38%	0.95%
Max Drawdown	45.35%	98.65%
Sharpe Ratio	1.52	-1.84
5Y Beta	1.34	-1.24
P/E Ratio	37.71	N/A
Forward P/E	26.77	N/A
PEG Ratio	0.18	N/A
5Y Dividends CAGR	N/A	49.20%
5Y EPS CAGR	40.13%	N/A

Net Assets

FFLG

$658M

Winner

PSQ

$658M

Expense Ratio

Winner

FFLG

0.38%

PSQ

0.95%

Max Drawdown

Winner

FFLG

45.35%

PSQ

98.65%

Sharpe Ratio

Winner

FFLG

1.52

PSQ

-1.84

5Y Beta

FFLG

1.34

Winner

PSQ

-1.24

P/E Ratio

FFLG

37.71

PSQ

N/A

Forward P/E

FFLG

26.77

PSQ

N/A

PEG Ratio

FFLG

0.18

PSQ

N/A

5Y Dividends CAGR

FFLG

N/A

PSQ

49.20%

5Y EPS CAGR

FFLG

40.13%

PSQ

N/A

FFLG vs PSQ - Historical Returns

Returns include dividend reinvestment.

Period	FFLG	PSQ
1 month	+3.75%	-4.69%
3 months	+21.32%	-19.52%
6 months	+18.23%	-16.82%
1 year	+37.29%	-26.08%
5 years(CAGR)	+11.66%	-15.11%
10 years(CAGR)	N/A	-20.07%
Max(CAGR)	+10.81%	-17.59%

Winner

FFLG

+3.75%

PSQ

-4.69%

Winner

FFLG

+21.32%

PSQ

-19.52%

Winner

FFLG

+18.23%

PSQ

-16.82%

Winner

FFLG

+37.29%

PSQ

-26.08%

5Y(CAGR)

Winner

FFLG

+11.66%

PSQ

-15.11%

10Y(CAGR)

FFLG

N/A

PSQ

-20.07%

Max(CAGR)

Winner

FFLG

+10.81%

PSQ

-17.59%

FFLG vs PSQ - Annual Returns (2006 - 2026)

Returns include dividend reinvestment.

Year	FFLG	PSQ
2026	+15.35%	-16.41%
2025	+18.80%	-15.73%
2024	+34.91%	-17.77%
2023	+51.87%	-35.34%
2022	-38.46%	+37.41%
2021	+1.72%	-25.87%
2020	N/A	-40.36%
2019	N/A	-28.17%
2018	N/A	-1.37%
2017	N/A	-24.12%
2016	N/A	-11.26%
2015	N/A	-12.46%
2014	N/A	-19.05%
2013	N/A	-26.35%
2012	N/A	-16.66%
2011	N/A	-8.36%
2010	N/A	-19.47%
2009	N/A	-37.79%
2008	N/A	+35.24%
2007	N/A	-15.37%
2006	N/A	-8.26%

FFLG vs PSQ Drawdown Comparison

The maximum drawdown for FFLG was -44.52%, occurring on Oct 14, 2022. Recovery took 632 trading sessions.

The maximum drawdown for PSQ was -98.47%, occurring on Jun 2, 2026. This drawdown has not yet recovered.

The current FFLG drawdown is -1.45%. The current PSQ drawdown is -98.46%.

Rank	FFLG	PSQ
#1	-44.52% Nov 8, 2021 - May 15, 2024	-98.47% Nov 20, 2008 - Jun 2, 2026
#2	-26.72% Jan 23, 2025 - Jun 30, 2025	-32.90% Jul 21, 2006 - Oct 7, 2008
#3	-14.33% Jul 10, 2024 - Oct 14, 2024	-16.58% Oct 27, 2008 - Nov 19, 2008
#4	-14.23% Oct 29, 2025 - Apr 14, 2026	-11.83% Oct 10, 2008 - Oct 15, 2008
#5	-13.93% Feb 12, 2021 - Jun 24, 2021	-8.47% Oct 15, 2008 - Oct 24, 2008
#6	-8.31% Sep 3, 2021 - Nov 3, 2021	-3.56% Jun 27, 2006 - Jul 10, 2006
#7	-7.45% Jun 2, 2026 - Jun 10, 2026	-1.64% Jul 14, 2006 - Jul 20, 2006
#8	-4.85% Dec 6, 2024 - Jan 22, 2025	-0.81% Jul 10, 2006 - Jul 12, 2006
#9	-4.06% Jul 6, 2021 - Jul 23, 2021	-0.32% Oct 7, 2008 - Oct 9, 2008
#10	-3.82% Oct 29, 2024 - Nov 6, 2024	-0.01% Jun 22, 2006 - Jun 27, 2006
#11	-3.74% May 14, 2026 - May 28, 2026	N/A
#12	-3.63% Oct 9, 2025 - Oct 24, 2025	N/A
#13	-3.61% Aug 5, 2021 - Aug 24, 2021	N/A
#14	-3.03% Nov 8, 2024 - Dec 2, 2024	N/A
#15	-2.95% Aug 12, 2025 - Aug 28, 2025	N/A

Correlation

Correlation between FFLG and PSQ is -0.91 which considered as a very strong negative correlation - the stocks move almost identically in opposite directions.

-0.91

-101

Dividend Comparison (2006 - 2026)

FFLG vs PSQ dividend yield comparison.

Year	FFLG	PSQ
2026	0.03%	0.61%
2025	0.14%	4.97%
2024	0.09%	5.99%
2023	0.00%	1.20%
2022	1.50%	0.07%
2021	0.55%	0.00%
2020	0.00%	0.06%
2019	0.00%	0.35%
2018	0.00%	0.19%
2017	0.00%	0.00%
2008	0.00%	0.33%
2007	0.00%	0.24%
2006	0.00%	0.08%