PSQ vs TAXF

Comparison between ProShares Short QQQ -1x Shares (PSQ, ETF) and AMERICAN CENTURY DIVERSIFIED MUNICIPAL BOND ETF (TAXF, ETF).

5-Year PerformanceTAXF has outperformed PSQ, delivering a return of +1.1% compared to -15.1%

PSQ vs TAXF - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	PSQ(ETF)	TAXF(ETF)
Net Assets	$658M	$660M
Expense Ratio	0.95%	0.27%
Max Drawdown	98.65%	15.69%
Sharpe Ratio	-1.84	1.20
5Y Beta	-1.24	0.03
5Y Dividends CAGR	49.20%	11.45%

Net Assets

PSQ

$658M

Winner

TAXF

$660M

Expense Ratio

PSQ

0.95%

Winner

TAXF

0.27%

Max Drawdown

PSQ

98.65%

Winner

TAXF

15.69%

Sharpe Ratio

PSQ

-1.84

Winner

TAXF

1.20

5Y Beta

Winner

PSQ

-1.24

TAXF

0.03

5Y Dividends CAGR

Winner

PSQ

49.20%

TAXF

11.45%

PSQ vs TAXF - Historical Returns

Returns include dividend reinvestment.

Period	PSQ	TAXF
1 month	-4.69%	+1.54%
3 months	-19.52%	+1.42%
6 months	-16.82%	+2.34%
1 year	-26.08%	+7.70%
5 years(CAGR)	-15.11%	+1.08%
10 years(CAGR)	-20.07%	N/A
Max(CAGR)	-17.59%	+2.90%

PSQ

-4.69%

Winner

TAXF

+1.54%

PSQ

-19.52%

Winner

TAXF

+1.42%

PSQ

-16.82%

Winner

TAXF

+2.34%

PSQ

-26.08%

Winner

TAXF

+7.70%

5Y(CAGR)

PSQ

-15.11%

Winner

TAXF

+1.08%

10Y(CAGR)

PSQ

-20.07%

TAXF

N/A

Max(CAGR)

PSQ

-17.59%

Winner

TAXF

+2.90%

PSQ vs TAXF - Annual Returns (2006 - 2026)

Returns include dividend reinvestment.

Year	PSQ	TAXF
2026	-16.41%	+1.94%
2025	-15.73%	+3.92%
2024	-17.77%	+2.02%
2023	-35.34%	+6.98%
2022	+37.41%	-9.59%
2021	-25.87%	+2.77%
2020	-40.36%	+5.37%
2019	-28.17%	+8.75%
2018	-1.37%	+0.64%
2017	-24.12%	N/A
2016	-11.26%	N/A
2015	-12.46%	N/A
2014	-19.05%	N/A
2013	-26.35%	N/A
2012	-16.66%	N/A
2011	-8.36%	N/A
2010	-19.47%	N/A
2009	-37.79%	N/A
2008	+35.24%	N/A
2007	-15.37%	N/A
2006	-8.26%	N/A

PSQ vs TAXF Drawdown Comparison

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

The maximum drawdown for TAXF was -13.94%, occurring on Oct 26, 2022. Recovery took 1041 trading sessions.

The current PSQ drawdown is -98.46%. The current TAXF drawdown is -0.23%.

Rank	PSQ	TAXF
#1	-98.47% Nov 20, 2008 - Jun 2, 2026	-13.94% Jul 19, 2021 - Sep 10, 2025
#2	-32.90% Jul 21, 2006 - Oct 7, 2008	-13.39% Mar 9, 2020 - Nov 23, 2020
#3	-16.58% Oct 27, 2008 - Nov 19, 2008	-2.93% Feb 27, 2026 - Mar 24, 2026
#4	-11.83% Oct 10, 2008 - Oct 15, 2008	-2.03% Feb 12, 2021 - May 25, 2021
#5	-8.47% Oct 15, 2008 - Oct 24, 2008	-1.58% Sep 4, 2019 - Dec 27, 2019
#6	-3.56% Jun 27, 2006 - Jul 10, 2006	-0.97% Sep 12, 2018 - Dec 4, 2018
#7	-1.64% Jul 14, 2006 - Jul 20, 2006	-0.55% Jun 10, 2021 - Jul 7, 2021
#8	-0.81% Jul 10, 2006 - Jul 12, 2006	-0.47% Jan 15, 2026 - Jan 30, 2026
#9	-0.32% Oct 7, 2008 - Oct 9, 2008	-0.43% Nov 11, 2025 - Nov 26, 2025
#10	-0.01% Jun 22, 2006 - Jun 27, 2006	-0.41% Nov 26, 2025 - Dec 23, 2025
#11	N/A	-0.32% Aug 15, 2019 - Aug 28, 2019
#12	N/A	-0.32% Sep 18, 2025 - Oct 1, 2025
#13	N/A	-0.30% Oct 24, 2025 - Nov 11, 2025
#14	N/A	-0.28% Jan 7, 2019 - Jan 14, 2019
#15	N/A	-0.27% Jan 31, 2020 - Feb 14, 2020

Correlation

Correlation between PSQ and TAXF is -0.78 which considered as a strong negative correlation - the stocks tend to move in opposite directions.

-0.78

-101

Dividend Comparison (2006 - 2026)

PSQ vs TAXF dividend yield comparison.

Year	PSQ	TAXF
2026	0.61%	1.60%
2025	4.97%	3.68%
2024	5.99%	3.38%
2023	1.20%	2.93%
2022	0.07%	2.05%
2021	0.00%	1.58%
2020	0.06%	2.13%
2019	0.35%	2.64%
2018	0.19%	0.69%
2017	0.00%	0.00%
2008	0.33%	0.00%
2007	0.24%	0.00%
2006	0.08%	0.00%