SQQQ vs PDP

Comparison between ProShares UltraPro Short QQQ -3x Shares (SQQQ, ETF) and INVESCO DORSEY WRIGHT MOMENTUM ETF (PDP, ETF).

5-Year PerformancePDP has outperformed SQQQ, delivering a return of +8.6% compared to -44.1%

SQQQ vs PDP - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SQQQ(ETF)	PDP(ETF)
Net Assets	$2B	$2.10B
Expense Ratio	N/A	0.62%
Max Drawdown	100.00%	59.45%
Sharpe Ratio	-0.95	0.81
5Y Beta	0.00	1.17
P/E Ratio	N/A	55.97
Forward P/E	N/A	26.17
5Y Dividends CAGR	N/A	9.90%
5Y EPS CAGR	N/A	23.98%
Debt to Equity	N/A	17.90%
P/S Ratio	N/A	3.63
P/B Ratio	N/A	8.35

Net Assets

SQQQ

$2B

Winner

PDP

$2.10B

Expense Ratio

SQQQ

N/A

PDP

0.62%

Max Drawdown

SQQQ

100.00%

Winner

PDP

59.45%

Sharpe Ratio

SQQQ

-0.95

Winner

PDP

0.81

5Y Beta

Winner

SQQQ

0.00

PDP

1.17

P/E Ratio

SQQQ

N/A

PDP

55.97

Forward P/E

SQQQ

N/A

PDP

26.17

5Y Dividends CAGR

SQQQ

N/A

PDP

9.90%

5Y EPS CAGR

SQQQ

N/A

PDP

23.98%

Debt to Equity

SQQQ

N/A

PDP

17.90%

P/S Ratio

SQQQ

N/A

PDP

3.63

P/B Ratio

SQQQ

N/A

PDP

8.35

SQQQ vs PDP - Historical Returns

Returns include dividend reinvestment.

Period	SQQQ	PDP
1 month	+9.47%	-8.17%
3 months	-12.43%	+0.18%
6 months	-26.87%	+7.55%
1 year	-46.77%	+19.53%
5 years(CAGR)	-44.14%	+8.62%
10 years(CAGR)	-54.38%	+12.54%
Max(CAGR)	-52.49%	+9.66%

Winner

SQQQ

+9.47%

PDP

-8.17%

SQQQ

-12.43%

Winner

PDP

+0.18%

SQQQ

-26.87%

Winner

PDP

+7.55%

SQQQ

-46.77%

Winner

PDP

+19.53%

5Y(CAGR)

SQQQ

-44.14%

Winner

PDP

+8.62%

10Y(CAGR)

SQQQ

-54.38%

Winner

PDP

+12.54%

Max(CAGR)

SQQQ

-52.49%

Winner

PDP

+9.66%

SQQQ vs PDP - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	SQQQ	PDP
2026	-32.85%	+14.01%
2025	-53.38%	+8.02%
2024	-52.16%	+28.47%
2023	-74.21%	+21.82%
2022	+88.72%	-23.37%
2021	-62.50%	+9.40%
2020	-85.71%	+35.79%
2019	-65.39%	+34.74%
2018	-16.47%	-6.40%
2017	-57.63%	+22.97%
2016	-34.26%	+4.62%
2015	-37.90%	+1.55%
2014	-49.18%	+13.29%
2013	-60.89%	+28.69%
2012	-45.47%	+17.82%
2011	-33.84%	+0.33%
2010	-59.50%	+24.50%
2009	N/A	+24.87%
2008	N/A	-45.65%
2007	N/A	+13.82%

SQQQ vs PDP Drawdown Comparison

The maximum drawdown for SQQQ was -100.00%, occurring on Jun 15, 2026. This drawdown has not yet recovered.

The maximum drawdown for PDP was -59.34%, occurring on Mar 9, 2009. Recovery took 1087 trading sessions.

The current SQQQ drawdown is -100.00%. The current PDP drawdown is -11.69%.

Rank	SQQQ	PDP
#1	-100.00% Feb 11, 2010 - Jun 15, 2026	-59.34% Dec 10, 2007 - Apr 3, 2012
#2	N/A	-34.70% Feb 19, 2020 - Jul 17, 2020
#3	N/A	-33.92% Nov 8, 2021 - Jul 12, 2024
#4	N/A	-24.54% Sep 14, 2018 - Jun 10, 2019
#5	N/A	-23.79% Dec 4, 2024 - Sep 19, 2025
#6	N/A	-19.14% Mar 20, 2015 - Feb 9, 2017
#7	N/A	-13.91% Jul 13, 2007 - Oct 9, 2007
#8	N/A	-13.47% Feb 12, 2021 - Aug 5, 2021
#9	N/A	-12.12% Jun 22, 2026 - Jul 20, 2026
#10	N/A	-11.87% Oct 29, 2025 - Jan 13, 2026
#11	N/A	-11.63% Feb 25, 2026 - Apr 10, 2026
#12	N/A	-9.80% May 2, 2012 - Sep 14, 2012
#13	N/A	-9.76% Sep 5, 2014 - Nov 3, 2014
#14	N/A	-9.59% Jul 16, 2024 - Sep 19, 2024
#15	N/A	-9.53% Jan 26, 2018 - May 30, 2018

Correlation

Correlation between SQQQ and PDP is -0.51 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.51

-101

Dividend Comparison (2007 - 2026)

SQQQ vs PDP dividend yield comparison.

Year	SQQQ	PDP
2026	2.82%	0.00%
2025	9.36%	0.17%
2024	10.23%	0.15%
2023	8.01%	0.42%
2022	0.28%	0.45%
2020	2.15%	0.11%
2019	2.92%	0.25%
2018	1.47%	0.18%
2017	0.14%	0.28%
2016	0.00%	0.81%
2015	0.00%	0.39%
2014	0.00%	0.15%
2013	0.00%	0.28%
2012	0.00%	0.85%
2011	0.00%	0.16%
2010	0.00%	0.24%
2009	0.00%	0.54%
2008	0.00%	0.27%
2007	0.00%	0.09%