RING vs SQQQ

Comparison between ISHARES MSCI GLOBAL GOLD MINERS ETF (RING, ETF) and ProShares UltraPro Short QQQ -3x Shares (SQQQ, ETF).

5-Year PerformanceRING has outperformed SQQQ, delivering a return of +24.1% compared to -49.0%

RING vs SQQQ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	RING(ETF)	SQQQ(ETF)
Net Assets	$2.90B	$2.90B
Expense Ratio	0.39%	N/A
Max Drawdown	80.20%	100.00%
Sharpe Ratio	1.76	-2.20
5Y Beta	0.72	0.00
5Y Dividends CAGR	22.59%	-29.59%

Net Assets

RING

$2.90B

SQQQ

$2.90B

Expense Ratio

RING

0.39%

SQQQ

N/A

Max Drawdown

Winner

RING

80.20%

SQQQ

100.00%

Sharpe Ratio

Winner

RING

1.76

SQQQ

-2.20

5Y Beta

RING

0.72

Winner

SQQQ

0.00

5Y Dividends CAGR

Winner

RING

22.59%

SQQQ

-29.59%

RING vs SQQQ - Historical Returns

Returns include dividend reinvestment.

Period	RING	SQQQ
1 month	-1.19%	-37.56%
3 months	-6.27%	-38.20%
6 months	+29.85%	-35.90%
1 year	+119.67%	-64.63%
5 years(CAGR)	+24.14%	-49.00%
10 years(CAGR)	+16.22%	-55.94%
Max(CAGR)	+4.91%	-53.19%

Winner

RING

-1.19%

SQQQ

-37.56%

Winner

RING

-6.27%

SQQQ

-38.20%

Winner

RING

+29.85%

SQQQ

-35.90%

Winner

RING

+119.67%

SQQQ

-64.63%

5Y(CAGR)

Winner

RING

+24.14%

SQQQ

-49.00%

10Y(CAGR)

Winner

RING

+16.22%

SQQQ

-55.94%

Max(CAGR)

Winner

RING

+4.91%

SQQQ

-53.19%

RING vs SQQQ - Annual Returns (2010 - 2026)

Returns include dividend reinvestment.

Year	RING	SQQQ
2026	+15.39%	-38.28%
2025	+153.99%	-53.38%
2024	+18.15%	-52.16%
2023	+7.89%	-74.21%
2022	-13.64%	+88.72%
2021	-14.07%	-62.50%
2020	+25.24%	-85.71%
2019	+49.36%	-65.39%
2018	-15.61%	-16.47%
2017	+6.03%	-57.63%
2016	+53.92%	-34.26%
2015	-27.59%	-37.90%
2014	-20.43%	-49.18%
2013	-53.26%	-60.89%
2012	-23.54%	-45.47%
2011	N/A	-33.84%
2010	N/A	-59.50%

RING vs SQQQ Drawdown Comparison

The maximum drawdown for RING was -79.47%, occurring on Nov 17, 2015. Recovery took 3337 trading sessions.

The maximum drawdown for SQQQ was -100.00%, occurring on May 11, 2026. This drawdown has not yet recovered.

The current RING drawdown is -14.62%. The current SQQQ drawdown is -100.00%.

Rank	RING	SQQQ
#1	-79.47% Feb 23, 2012 - Jun 2, 2025	-100.00% Feb 11, 2010 - May 11, 2026
#2	-30.11% Feb 27, 2026 - Mar 20, 2026	N/A
#3	-19.22% Oct 16, 2025 - Dec 11, 2025	N/A
#4	-18.47% Jan 28, 2026 - Feb 26, 2026	N/A
#5	-6.55% Dec 26, 2025 - Jan 6, 2026	N/A
#6	-6.34% Jun 13, 2025 - Jul 22, 2025	N/A
#7	-5.29% Jul 22, 2025 - Aug 4, 2025	N/A
#8	-5.02% Feb 2, 2012 - Feb 23, 2012	N/A
#9	-4.54% Oct 8, 2025 - Oct 13, 2025	N/A
#10	-4.32% Jun 2, 2025 - Jun 13, 2025	N/A
#11	-2.96% Aug 15, 2025 - Aug 21, 2025	N/A
#12	-2.61% Sep 15, 2025 - Sep 19, 2025	N/A
#13	-2.54% Sep 23, 2025 - Sep 26, 2025	N/A
#14	-1.99% Oct 6, 2025 - Oct 8, 2025	N/A
#15	-1.89% Dec 11, 2025 - Dec 19, 2025	N/A

Correlation

Correlation between RING and SQQQ is 0.04 which considered as a very weak or no correlation - the stocks move independently of each other.

0.04

-101

Dividend Comparison (2012 - 2026)

RING vs SQQQ dividend yield comparison.

Year	RING	SQQQ
2026	0.00%	1.51%
2025	0.84%	9.36%
2024	1.43%	10.23%
2023	2.01%	8.01%
2022	2.29%	0.28%
2021	2.38%	0.00%
2020	0.83%	2.15%
2019	0.83%	2.92%
2018	0.70%	1.47%
2017	0.42%	0.14%
2016	1.41%	0.00%
2015	0.96%	0.00%
2014	0.85%	0.00%
2013	1.49%	0.00%
2012	0.98%	0.00%