SQQQ vs JPC

Comparison between ProShares UltraPro Short QQQ -3x Shares (SQQQ, ETF) and Nuveen Preferred & Income Opportunities Fund (JPC, ETF).

5-Year PerformanceJPC has outperformed SQQQ, delivering a return of +4.1% compared to -47.6%

SQQQ vs JPC - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SQQQ(ETF)	JPC(ETF)
Net Assets	$2.90B	$3B
Max Drawdown	100.00%	82.53%
Sharpe Ratio	-1.62	0.46
5Y Beta	0.00	0.43
5Y Dividends CAGR	-29.59%	5.73%

Net Assets

SQQQ

$2.90B

Winner

JPC

$3B

Max Drawdown

SQQQ

100.00%

Winner

JPC

82.53%

Sharpe Ratio

SQQQ

-1.62

Winner

JPC

0.46

5Y Beta

Winner

SQQQ

0.00

JPC

0.43

5Y Dividends CAGR

SQQQ

-29.59%

Winner

JPC

5.73%

SQQQ vs JPC - Historical Returns

Returns include dividend reinvestment.

Period	SQQQ	JPC
1 month	-11.11%	-1.47%
3 months	-38.02%	-1.75%
6 months	-32.99%	-0.69%
1 year	-60.15%	+8.39%
5 years(CAGR)	-47.62%	+4.07%
10 years(CAGR)	-55.32%	+5.68%
Max(CAGR)	-52.97%	+6.18%

SQQQ

-11.11%

Winner

JPC

-1.47%

SQQQ

-38.02%

Winner

JPC

-1.75%

SQQQ

-32.99%

Winner

JPC

-0.69%

SQQQ

-60.15%

Winner

JPC

+8.39%

5Y(CAGR)

SQQQ

-47.62%

Winner

JPC

+4.07%

10Y(CAGR)

SQQQ

-55.32%

Winner

JPC

+5.68%

Max(CAGR)

SQQQ

-52.97%

Winner

JPC

+6.18%

SQQQ vs JPC - Annual Returns (2003 - 2026)

Returns include dividend reinvestment.

Year	SQQQ	JPC
2026	-36.86%	+0.37%
2025	-53.38%	+11.93%
2024	-52.16%	+26.27%
2023	-74.21%	+0.04%
2022	+88.72%	-20.05%
2021	-62.50%	+10.57%
2020	-85.71%	-2.15%
2019	-65.39%	+32.55%
2018	-16.47%	-11.31%
2017	-57.63%	+11.56%
2016	-34.26%	+15.56%
2015	-37.90%	+5.74%
2014	-49.18%	+16.77%
2013	-60.89%	-3.19%
2012	-45.47%	+33.68%
2011	-33.84%	+4.46%
2010	-59.50%	+21.17%
2009	N/A	+75.50%
2008	N/A	-51.43%
2007	N/A	-16.32%
2006	N/A	+27.82%
2005	N/A	-7.13%
2004	N/A	+2.12%
2003	N/A	+10.08%

SQQQ vs JPC Drawdown Comparison

The maximum drawdown for SQQQ was -100.00%, occurring on Jun 2, 2026. This drawdown has not yet recovered.

The maximum drawdown for JPC was -76.06%, occurring on Mar 9, 2009. Recovery took 1107 trading sessions.

The current SQQQ drawdown is -100.00%. The current JPC drawdown is -3.06%.

Rank	SQQQ	JPC
#1	-100.00% Feb 11, 2010 - Jun 2, 2026	-76.06% Mar 2, 2007 - Jul 22, 2011
#2	N/A	-52.47% Feb 10, 2020 - May 4, 2021
#3	N/A	-32.24% Nov 1, 2021 - Sep 11, 2024
#4	N/A	-21.07% Apr 1, 2004 - Nov 2, 2004
#5	N/A	-18.25% Jul 22, 2011 - Feb 8, 2012
#6	N/A	-18.17% Oct 23, 2017 - Mar 15, 2019
#7	N/A	-17.32% May 10, 2013 - Jun 23, 2014
#8	N/A	-15.31% Feb 10, 2005 - Jul 27, 2006
#9	N/A	-13.93% Sep 6, 2016 - Apr 18, 2017
#10	N/A	-11.65% Mar 14, 2025 - May 12, 2025
#11	N/A	-11.43% Feb 13, 2026 - Mar 30, 2026
#12	N/A	-11.36% Jul 11, 2003 - Nov 14, 2003
#13	N/A	-8.48% Feb 4, 2016 - Mar 17, 2016
#14	N/A	-7.92% Nov 1, 2012 - Dec 7, 2012
#15	N/A	-6.81% Dec 2, 2015 - Jan 5, 2016

Correlation

Correlation between SQQQ and JPC is -0.64 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.64

-101

Dividend Comparison (2003 - 2026)

SQQQ vs JPC dividend yield comparison.

Year	SQQQ	JPC
2026	1.48%	4.00%
2025	9.36%	9.79%
2024	10.23%	8.94%
2023	8.01%	8.00%
2022	0.28%	8.74%
2021	0.00%	6.52%
2020	2.15%	6.95%
2019	2.92%	7.00%
2018	1.47%	9.02%
2017	0.14%	7.50%
2016	0.00%	8.14%
2015	0.00%	8.65%
2014	0.00%	7.95%
2013	0.00%	8.56%
2012	0.00%	7.82%
2011	0.00%	9.36%
2010	0.00%	8.14%
2009	0.00%	8.34%
2008	0.00%	21.74%
2007	0.00%	10.43%
2006	0.00%	7.70%
2005	0.00%	10.94%
2004	0.00%	10.05%
2003	0.00%	5.49%