SQQQ vs RING

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

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

SQQQ vs RING - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Net Assets

SQQQ

$2.90B

RING

$2.90B

Expense Ratio

SQQQ

N/A

RING

0.39%

Max Drawdown

SQQQ

100.00%

Winner

RING

80.20%

Sharpe Ratio

SQQQ

-2.20

Winner

RING

1.76

5Y Beta

Winner

SQQQ

0.00

RING

0.72

5Y Dividends CAGR

SQQQ

-29.59%

Winner

RING

22.59%

SQQQ vs RING - Historical Returns

Returns include dividend reinvestment.

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

SQQQ

-37.56%

Winner

RING

-1.19%

SQQQ

-38.20%

Winner

RING

-6.27%

SQQQ

-35.90%

Winner

RING

+29.85%

SQQQ

-64.63%

Winner

RING

+119.67%

5Y(CAGR)

SQQQ

-49.00%

Winner

RING

+24.14%

10Y(CAGR)

SQQQ

-55.94%

Winner

RING

+16.22%

Max(CAGR)

SQQQ

-53.19%

Winner

RING

+4.91%

SQQQ vs RING - Annual Returns (2010 - 2026)

Returns include dividend reinvestment.

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

SQQQ vs RING Drawdown Comparison

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

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

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

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

Correlation

Correlation between SQQQ and RING 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)

SQQQ vs RING dividend yield comparison.

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