FHLC vs SQQQ

Comparison between FIDELITY MSCI HEALTH CARE INDEX ETF (FHLC, ETF) and ProShares UltraPro Short QQQ -3x Shares (SQQQ, ETF).

5-Year PerformanceFHLC has outperformed SQQQ, delivering a return of +4.7% compared to -49.4%

FHLC vs SQQQ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FHLC(ETF)	SQQQ(ETF)
Net Assets	$2.90B	$2.90B
Expense Ratio	0.08%	N/A
Max Drawdown	29.21%	100.00%
Sharpe Ratio	0.84	-2.11
5Y Beta	0.52	0.00
P/E Ratio	36.93	N/A
Forward P/E	17.85	N/A
5Y Dividends CAGR	4.05%	-29.59%
5Y EPS CAGR	11.92%	N/A
Debt to Equity	44.26%	N/A
P/S Ratio	1.61	N/A
P/B Ratio	4.57	N/A

Net Assets

FHLC

$2.90B

SQQQ

$2.90B

Expense Ratio

FHLC

0.08%

SQQQ

N/A

Max Drawdown

Winner

FHLC

29.21%

SQQQ

100.00%

Sharpe Ratio

Winner

FHLC

0.84

SQQQ

-2.11

5Y Beta

FHLC

0.52

Winner

SQQQ

0.00

P/E Ratio

FHLC

36.93

SQQQ

N/A

Forward P/E

FHLC

17.85

SQQQ

N/A

5Y Dividends CAGR

Winner

FHLC

4.05%

SQQQ

-29.59%

5Y EPS CAGR

FHLC

11.92%

SQQQ

N/A

Debt to Equity

FHLC

44.26%

SQQQ

N/A

P/S Ratio

FHLC

1.61

SQQQ

N/A

P/B Ratio

FHLC

4.57

SQQQ

N/A

FHLC vs SQQQ - Historical Returns

Returns include dividend reinvestment.

Period	FHLC	SQQQ
1 month	+1.93%	-25.49%
3 months	-5.11%	-46.55%
6 months	-3.73%	-44.14%
1 year	+15.28%	-65.75%
5 years(CAGR)	+4.69%	-49.41%
10 years(CAGR)	+9.30%	-55.96%
Max(CAGR)	+10.18%	-53.41%

Winner

FHLC

+1.93%

SQQQ

-25.49%

Winner

FHLC

-5.11%

SQQQ

-46.55%

Winner

FHLC

-3.73%

SQQQ

-44.14%

Winner

FHLC

+15.28%

SQQQ

-65.75%

5Y(CAGR)

Winner

FHLC

+4.69%

SQQQ

-49.41%

10Y(CAGR)

Winner

FHLC

+9.30%

SQQQ

-55.96%

Max(CAGR)

Winner

FHLC

+10.18%

SQQQ

-53.41%

FHLC vs SQQQ - Annual Returns (2010 - 2026)

Returns include dividend reinvestment.

Year	FHLC	SQQQ
2026	-3.84%	-45.29%
2025	+15.26%	-53.38%
2024	+0.95%	-52.16%
2023	+2.95%	-74.21%
2022	-4.85%	+88.72%
2021	+21.15%	-62.50%
2020	+18.06%	-85.71%
2019	+23.48%	-65.39%
2018	+3.45%	-16.47%
2017	+21.82%	-57.63%
2016	-1.38%	-34.26%
2015	+6.81%	-37.90%
2014	+25.83%	-49.18%
2013	+5.79%	-60.89%
2012	N/A	-45.47%
2011	N/A	-33.84%
2010	N/A	-59.50%

FHLC vs SQQQ Drawdown Comparison

The maximum drawdown for FHLC was -28.74%, occurring on Mar 23, 2020. Recovery took 70 trading sessions.

The maximum drawdown for SQQQ was -100.00%, occurring on Jun 1, 2026. This drawdown has not yet recovered.

The current FHLC drawdown is -6.55%. The current SQQQ drawdown is -100.00%.

Rank	FHLC	SQQQ
#1	-28.74% Feb 19, 2020 - May 29, 2020	-100.00% Feb 11, 2010 - Jun 1, 2026
#2	-20.41% Jul 20, 2015 - Jun 1, 2017	N/A
#3	-17.73% Dec 30, 2021 - Feb 5, 2024	N/A
#4	-17.02% Oct 1, 2018 - Nov 15, 2019	N/A
#5	-16.87% Sep 16, 2024 - Nov 12, 2025	N/A
#6	-12.08% Jan 26, 2018 - Aug 2, 2018	N/A
#7	-10.38% Jan 7, 2026 - Mar 27, 2026	N/A
#8	-8.26% Mar 4, 2014 - Jun 20, 2014	N/A
#9	-7.98% Sep 2, 2021 - Dec 23, 2021	N/A
#10	-7.87% Feb 12, 2021 - Apr 15, 2021	N/A
#11	-7.17% Sep 24, 2014 - Oct 24, 2014	N/A
#12	-6.65% Mar 28, 2024 - Jul 11, 2024	N/A
#13	-6.62% Jun 8, 2020 - Jul 14, 2020	N/A
#14	-6.58% Oct 12, 2020 - Nov 4, 2020	N/A
#15	-6.29% Sep 2, 2020 - Oct 8, 2020	N/A

Correlation

Correlation between FHLC and SQQQ is -0.72 which considered as a strong negative correlation - the stocks tend to move in opposite directions.

-0.72

-101

Dividend Comparison (2013 - 2026)

FHLC vs SQQQ dividend yield comparison.

Year	FHLC	SQQQ
2026	0.32%	1.71%
2025	1.40%	9.36%
2024	1.51%	10.23%
2023	1.40%	8.01%
2022	1.30%	0.28%
2021	1.16%	0.00%
2020	1.45%	2.15%
2019	1.18%	2.92%
2018	1.38%	1.47%
2017	1.38%	0.14%
2016	1.40%	0.00%
2015	2.07%	0.00%
2014	1.03%	0.00%
2013	0.20%	0.00%