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SQQQ vs TMF

Comparison between ProShares UltraPro Short QQQ -3x Shares (SQQQ, ETF) and DIREXION DAILY 20+ YEAR TREASURY BULL 3X SHARES (TMF, ETF).

5-Year PerformanceTMF has outperformed SQQQ, delivering a return of -34.5% compared to -44.5%

SQQQ vs TMF - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
SQQQ
$2B
Winner
TMF
$2.10B
Max Drawdown
SQQQ
100.00%
Winner
TMF
94.22%
Sharpe Ratio
SQQQ
-1.10
Winner
TMF
-0.48
5Y Beta
Winner
SQQQ
0.00
TMF
0.25
5Y Dividends CAGR
SQQQ
N/A
TMF
-24.03%

SQQQ vs TMF - Historical Returns

Returns include dividend reinvestment.

1M
SQQQ
-10.27%
Winner
TMF
-2.42%
3M
Winner
SQQQ
-1.63%
TMF
-6.79%
6M
SQQQ
-41.74%
Winner
TMF
-22.10%
1Y
SQQQ
-52.27%
Winner
TMF
-13.49%
5Y(CAGR)
SQQQ
-44.49%
Winner
TMF
-34.47%
10Y(CAGR)
SQQQ
-54.65%
Winner
TMF
-18.57%
Max(CAGR)
SQQQ
-52.66%
Winner
TMF
-6.53%

SQQQ vs TMF - Annual Returns (2009 - 2026)

Returns include dividend reinvestment.

YearSQQQTMF
2026-40.32%-14.83%
2025-53.38%-3.69%
2024-52.16%-34.61%
2023-74.21%-17.42%
2022+88.72%-70.36%
2021-62.50%-19.51%
2020-85.71%+34.34%
2019-65.39%+32.62%
2018-16.47%-7.97%
2017-57.63%+21.53%
2016-34.26%-5.33%
2015-37.90%-16.30%
2014-49.18%+95.37%
2013-60.89%-36.52%
2012-45.47%+5.23%
2011-33.84%+112.97%
2010-59.50%+16.06%
2009N/A-39.24%

SQQQ vs TMF 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 TMF was -93.27%, occurring on Aug 17, 2026. This drawdown has not yet recovered.

The current SQQQ drawdown is -100.00%. The current TMF drawdown is -92.99%.

RankSQQQTMF
#1-100.00%
Feb 11, 2010 - Jun 15, 2026
-93.27%
Mar 9, 2020 - Aug 17, 2026
#2N/A-53.33%
Jul 25, 2012 - Jan 5, 2015
#3N/A-51.11%
Jul 8, 2016 - Aug 12, 2019
#4N/A-46.17%
Aug 26, 2010 - Aug 10, 2011
#5N/A-44.57%
Apr 20, 2009 - Aug 19, 2010
#6N/A-42.46%
Jan 30, 2015 - Jun 27, 2016
#7N/A-30.94%
Oct 3, 2011 - May 30, 2012
#8N/A-24.59%
Aug 28, 2019 - Feb 24, 2020
#9N/A-14.95%
Aug 10, 2011 - Aug 18, 2011
#10N/A-14.23%
Sep 22, 2011 - Oct 3, 2011
#11N/A-12.90%
Aug 19, 2011 - Sep 2, 2011
#12N/A-12.78%
Jun 1, 2012 - Jul 23, 2012
#13N/A-7.46%
Aug 15, 2019 - Aug 27, 2019
#14N/A-6.18%
Sep 12, 2011 - Sep 19, 2011
#15N/A-5.52%
Sep 6, 2011 - Sep 9, 2011

Correlation

Correlation between SQQQ and TMF is -0.22 which considered as a very weak or no correlation - the stocks move independently of each other.

-0.22
-101

Dividend Comparison (2009 - 2026)

SQQQ vs TMF dividend yield comparison.

YearSQQQTMF
20263.17%1.88%
20259.36%4.06%
202410.23%4.29%
20238.01%2.82%
20220.28%1.62%
20210.00%0.13%
20202.15%2.24%
20192.92%0.94%
20181.47%1.49%
20170.14%0.41%
20130.00%0.57%
20120.00%0.17%
20110.00%0.70%
20100.00%5.12%
20090.00%15.58%

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