PSQ vs FNY

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

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

PSQ vs FNY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Net Assets

Winner

PSQ

$519M

FNY

$518M

Expense Ratio

PSQ

0.95%

Winner

FNY

0.73%

Max Drawdown

PSQ

98.65%

Winner

FNY

38.91%

Sharpe Ratio

PSQ

-1.63

Winner

FNY

1.11

5Y Beta

Winner

PSQ

-1.23

FNY

1.15

P/E Ratio

PSQ

N/A

FNY

57.82

Forward P/E

PSQ

N/A

FNY

21.42

5Y Dividends CAGR

Winner

PSQ

49.20%

FNY

28.49%

5Y EPS CAGR

PSQ

N/A

FNY

16.88%

Debt to Equity

PSQ

N/A

FNY

-11.28%

P/S Ratio

PSQ

N/A

FNY

3.03

P/B Ratio

PSQ

N/A

FNY

4.85

PSQ vs FNY - Historical Returns

Returns include dividend reinvestment.

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

PSQ

-3.29%

Winner

FNY

-0.85%

PSQ

-13.37%

Winner

FNY

+7.89%

PSQ

-10.18%

Winner

FNY

+9.76%

PSQ

-22.81%

Winner

FNY

+27.18%

5Y(CAGR)

PSQ

-13.66%

Winner

FNY

+7.79%

10Y(CAGR)

PSQ

-18.79%

Winner

FNY

+13.32%

Max(CAGR)

PSQ

-16.59%

Winner

FNY

+11.45%

PSQ vs FNY - Annual Returns (2006 - 2026)

Returns include dividend reinvestment.

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

PSQ vs FNY Drawdown Comparison

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

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

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

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

Correlation

Correlation between PSQ and FNY 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)

PSQ vs FNY dividend yield comparison.

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