SQQQ vs PPLT

Comparison between ProShares UltraPro Short QQQ -3x Shares (SQQQ, ETF) and abrdn Physical Platinum Shares ETF (PPLT, ETF).

5-Year PerformancePPLT has outperformed SQQQ, delivering a return of +6.8% compared to -46.9%

SQQQ vs PPLT - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SQQQ(ETF)	PPLT(ETF)
Net Assets	$2.20B	$2.30B
Expense Ratio	N/A	0.60%
Max Drawdown	100.00%	70.73%
Sharpe Ratio	-1.62	0.70
5Y Beta	0.00	0.57
5Y Dividends CAGR	-29.59%	N/A

Net Assets

SQQQ

$2.20B

Winner

PPLT

$2.30B

Expense Ratio

SQQQ

N/A

PPLT

0.60%

Max Drawdown

SQQQ

100.00%

Winner

PPLT

70.73%

Sharpe Ratio

SQQQ

-1.62

Winner

PPLT

0.70

5Y Beta

Winner

SQQQ

0.00

PPLT

0.57

5Y Dividends CAGR

SQQQ

-29.59%

PPLT

N/A

SQQQ vs PPLT - Historical Returns

Returns include dividend reinvestment.

Period	SQQQ	PPLT
1 month	-2.53%	-18.55%
3 months	-48.46%	-17.12%
6 months	-37.46%	-30.42%
1 year	-59.35%	+18.71%
5 years(CAGR)	-46.94%	+6.83%
10 years(CAGR)	-56.26%	+4.18%
Max(CAGR)	-53.05%	-0.67%

Winner

SQQQ

-2.53%

PPLT

-18.55%

SQQQ

-48.46%

Winner

PPLT

-17.12%

SQQQ

-37.46%

Winner

PPLT

-30.42%

SQQQ

-59.35%

Winner

PPLT

+18.71%

5Y(CAGR)

SQQQ

-46.94%

Winner

PPLT

+6.83%

10Y(CAGR)

SQQQ

-56.26%

Winner

PPLT

+4.18%

Max(CAGR)

SQQQ

-53.05%

Winner

PPLT

-0.67%

SQQQ vs PPLT - Annual Returns (2010 - 2026)

Returns include dividend reinvestment.

Year	SQQQ	PPLT
2026	-40.86%	-26.84%
2025	-53.38%	+120.39%
2024	-52.16%	-8.15%
2023	-74.21%	-9.35%
2022	+88.72%	+11.39%
2021	-62.50%	-10.19%
2020	-85.71%	+9.07%
2019	-65.39%	+20.72%
2018	-16.47%	-16.45%
2017	-57.63%	-1.69%
2016	-34.26%	+1.31%
2015	-37.90%	-26.37%
2014	-49.18%	-14.57%
2013	-60.89%	-12.89%
2012	-45.47%	+6.95%
2011	-33.84%	-21.69%
2010	-59.50%	+10.76%

SQQQ vs PPLT 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 PPLT was -70.73%, occurring on Mar 19, 2020. Recovery took 3605 trading sessions.

The current SQQQ drawdown is -100.00%. The current PPLT drawdown is -43.59%.

Rank	SQQQ	PPLT
#1	-100.00% Feb 11, 2010 - Jun 15, 2026	-70.73% Aug 22, 2011 - Dec 22, 2025
#2	N/A	-43.59% Jan 23, 2026 - Jun 24, 2026
#3	N/A	-15.31% Dec 26, 2025 - Jan 6, 2026
#4	N/A	-13.95% Apr 22, 2010 - Nov 4, 2010
#5	N/A	-10.91% Jan 19, 2010 - Apr 1, 2010
#6	N/A	-10.63% Apr 29, 2011 - Aug 22, 2011
#7	N/A	-8.98% Feb 8, 2011 - Apr 29, 2011
#8	N/A	-8.23% Nov 4, 2010 - Jan 12, 2011
#9	N/A	-7.00% Jan 6, 2026 - Jan 20, 2026
#10	N/A	-2.74% Jan 19, 2011 - Feb 2, 2011
#11	N/A	-2.05% Apr 14, 2010 - Apr 21, 2010
#12	N/A	-1.90% Jan 11, 2010 - Jan 14, 2010
#13	N/A	-1.69% Dec 23, 2025 - Dec 26, 2025
#14	N/A	-0.74% Jan 14, 2010 - Jan 19, 2010
#15	N/A	-0.66% Apr 9, 2010 - Apr 14, 2010