FNY vs PSQ

Comparison between FIRST TRUST MID CAP GROWTH ALPHADEX FUND (FNY, ETF) and ProShares Short QQQ -1x Shares (PSQ, ETF).

5-Year PerformanceFNY has outperformed PSQ, delivering a return of +7.8% compared to -13.7%

FNY vs PSQ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FNY(ETF)	PSQ(ETF)
Net Assets	$518M	$519M
Expense Ratio	0.73%	0.95%
Max Drawdown	38.91%	98.65%
Sharpe Ratio	1.11	-1.63
5Y Beta	1.15	-1.23
P/E Ratio	57.82	N/A
Forward P/E	21.42	N/A
5Y Dividends CAGR	28.49%	49.20%
5Y EPS CAGR	16.88%	N/A
Debt to Equity	-11.28%	N/A
P/S Ratio	3.03	N/A
P/B Ratio	4.85	N/A

Net Assets

FNY

$518M

Winner

PSQ

$519M

Expense Ratio

Winner

FNY

0.73%

PSQ

0.95%

Max Drawdown

Winner

FNY

38.91%

PSQ

98.65%

Sharpe Ratio

Winner

FNY

1.11

PSQ

-1.63

5Y Beta

FNY

1.15

Winner

PSQ

-1.23

P/E Ratio

FNY

57.82

PSQ

N/A

Forward P/E

FNY

21.42

PSQ

N/A

5Y Dividends CAGR

FNY

28.49%

Winner

PSQ

49.20%

5Y EPS CAGR

FNY

16.88%

PSQ

N/A

Debt to Equity

FNY

-11.28%

PSQ

N/A

P/S Ratio

FNY

3.03

PSQ

N/A

P/B Ratio

FNY

4.85

PSQ

N/A

FNY vs PSQ - Historical Returns

Returns include dividend reinvestment.

Period	FNY	PSQ
1 month	-0.85%	-3.29%
3 months	+7.89%	-13.37%
6 months	+9.76%	-10.18%
1 year	+27.18%	-22.81%
5 years(CAGR)	+7.79%	-13.66%
10 years(CAGR)	+13.32%	-18.79%
Max(CAGR)	+11.45%	-16.59%

Winner

FNY

-0.85%

PSQ

-3.29%

Winner

FNY

+7.89%

PSQ

-13.37%

Winner

FNY

+9.76%

PSQ

-10.18%

Winner

FNY

+27.18%

PSQ

-22.81%

5Y(CAGR)

Winner

FNY

+7.79%

PSQ

-13.66%

10Y(CAGR)

Winner

FNY

+13.32%

PSQ

-18.79%

Max(CAGR)

Winner

FNY

+11.45%

PSQ

-16.59%

FNY vs PSQ - Annual Returns (2006 - 2026)

Returns include dividend reinvestment.

Year	FNY	PSQ
2026	+9.61%	-12.20%
2025	+13.68%	-15.73%
2024	+19.64%	-16.96%
2023	+22.92%	-32.52%
2022	-23.74%	+37.79%
2021	+14.74%	-25.87%
2020	+36.26%	-40.28%
2019	+32.87%	-27.28%
2018	-8.16%	-0.56%
2017	+24.37%	-24.11%
2016	+11.51%	-11.26%
2015	-0.73%	-12.46%
2014	+6.60%	-19.05%
2013	+33.44%	-26.35%
2012	+9.65%	-16.66%
2011	-8.53%	-8.36%
2010	N/A	-19.47%
2009	N/A	-37.79%
2008	N/A	+43.91%
2007	N/A	-11.62%
2006	N/A	-6.89%

FNY vs PSQ Drawdown Comparison

The maximum drawdown for FNY was -38.91%, occurring on Mar 23, 2020. Recovery took 115 trading sessions.

The maximum drawdown for PSQ was -98.26%, occurring on Jun 2, 2026. This drawdown has not yet recovered.

The current FNY drawdown is -3.82%. The current PSQ drawdown is -98.16%.

Rank	FNY	PSQ
#1	-38.91% Feb 19, 2020 - Aug 3, 2020	-98.26% Nov 20, 2008 - Jun 2, 2026
#2	-33.94% Nov 8, 2021 - Sep 19, 2024	-29.52% Jul 21, 2006 - Oct 2, 2008
#3	-29.03% Sep 14, 2018 - Jul 24, 2019	-16.58% Oct 27, 2008 - Nov 19, 2008
#4	-25.68% Jul 7, 2011 - Jan 15, 2013	-11.83% Oct 10, 2008 - Oct 15, 2008
#5	-24.97% Nov 25, 2024 - Aug 28, 2025	-8.47% Oct 15, 2008 - Oct 24, 2008
#6	-19.89% Jun 23, 2015 - Sep 2, 2016	-3.56% Jun 27, 2006 - Jul 10, 2006
#7	-13.89% Feb 12, 2021 - Jun 25, 2021	-1.64% Jul 14, 2006 - Jul 20, 2006
#8	-12.85% Jul 1, 2014 - Nov 24, 2014	-0.81% Jul 10, 2006 - Jul 12, 2006
#9	-12.01% Jan 22, 2026 - Apr 17, 2026	-0.32% Oct 7, 2008 - Oct 9, 2008
#10	-10.16% Oct 27, 2025 - Dec 11, 2025	-0.01% Jun 22, 2006 - Jun 27, 2006
#11	-9.89% Sep 7, 2016 - Dec 7, 2016	N/A
#12	-9.44% Apr 29, 2011 - Jul 6, 2011	N/A
#13	-9.03% Jan 26, 2018 - Mar 9, 2018	N/A
#14	-8.54% May 21, 2013 - Jul 22, 2013	N/A
#15	-8.32% Oct 13, 2020 - Nov 5, 2020	N/A

Correlation

Correlation between FNY and PSQ is -0.84 which considered as a strong negative correlation - the stocks tend to move in opposite directions.

-0.84

-101

Dividend Comparison (2006 - 2026)

FNY vs PSQ dividend yield comparison.

Year	FNY	PSQ
2026	0.00%	0.58%
2025	0.03%	4.97%
2024	0.56%	7.15%
2023	0.24%	6.01%
2022	0.24%	0.35%
2020	0.25%	0.31%
2019	0.28%	1.75%
2018	0.06%	0.95%
2017	0.21%	0.02%
2016	0.60%	0.00%
2015	0.46%	0.00%
2014	0.22%	0.00%
2013	0.35%	0.00%
2012	0.50%	0.00%
2011	0.02%	0.00%
2008	0.00%	6.68%
2007	0.00%	4.89%
2006	0.00%	1.56%