TBLL vs SQQQ

Comparison between INVESCO SHORT TERM TREASURY ETF (TBLL, ETF) and ProShares UltraPro Short QQQ -3x Shares (SQQQ, ETF).

5-Year PerformanceTBLL has outperformed SQQQ, delivering a return of +3.3% compared to -49.0%

TBLL vs SQQQ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	TBLL(ETF)	SQQQ(ETF)
Net Assets	$2.90B	$2.90B
Expense Ratio	0.08%	N/A
Max Drawdown	1.30%	100.00%
Sharpe Ratio	1.51	-2.20
5Y Beta	-0.00	0.00
5Y Dividends CAGR	59.75%	-29.59%

Net Assets

TBLL

$2.90B

SQQQ

$2.90B

Expense Ratio

TBLL

0.08%

SQQQ

N/A

Max Drawdown

Winner

TBLL

1.30%

SQQQ

100.00%

Sharpe Ratio

Winner

TBLL

1.51

SQQQ

-2.20

5Y Beta

Winner

TBLL

-0.00

SQQQ

0.00

5Y Dividends CAGR

Winner

TBLL

59.75%

SQQQ

-29.59%

TBLL vs SQQQ - Historical Returns

Returns include dividend reinvestment.

Period	TBLL	SQQQ
1 month	+0.30%	-37.56%
3 months	+0.84%	-38.20%
6 months	+1.78%	-35.90%
1 year	+3.97%	-64.63%
5 years(CAGR)	+3.31%	-49.00%
10 years(CAGR)	+2.37%	-55.94%
Max(CAGR)	+2.37%	-53.19%

Winner

TBLL

+0.30%

SQQQ

-37.56%

Winner

TBLL

+0.84%

SQQQ

-38.20%

Winner

TBLL

+1.78%

SQQQ

-35.90%

Winner

TBLL

+3.97%

SQQQ

-64.63%

5Y(CAGR)

Winner

TBLL

+3.31%

SQQQ

-49.00%

10Y(CAGR)

Winner

TBLL

+2.37%

SQQQ

-55.94%

Max(CAGR)

Winner

TBLL

+2.37%

SQQQ

-53.19%

TBLL vs SQQQ - Annual Returns (2010 - 2026)

Returns include dividend reinvestment.

Year	TBLL	SQQQ
2026	+1.18%	-38.28%
2025	+4.21%	-53.38%
2024	+5.11%	-52.16%
2023	+4.98%	-74.21%
2022	+1.12%	+88.72%
2021	-0.02%	-62.50%
2020	+0.87%	-85.71%
2019	+2.16%	-65.39%
2018	+1.83%	-16.47%
2017	+0.62%	-57.63%
2016	N/A	-34.26%
2015	N/A	-37.90%
2014	N/A	-49.18%
2013	N/A	-60.89%
2012	N/A	-45.47%
2011	N/A	-33.84%
2010	N/A	-59.50%

TBLL vs SQQQ Drawdown Comparison

The maximum drawdown for TBLL was -0.63%, occurring on Feb 14, 2022. Recovery took 631 trading sessions.

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

The current SQQQ drawdown is -100.00%.

Rank	TBLL	SQQQ
#1	-0.63% May 11, 2020 - Nov 9, 2022	-100.00% Feb 11, 2010 - May 11, 2026
#2	-0.52% Mar 18, 2020 - May 11, 2020	N/A
#3	-0.36% Sep 28, 2023 - Oct 20, 2023	N/A
#4	-0.18% Dec 19, 2023 - Dec 21, 2023	N/A
#5	-0.17% Apr 1, 2019 - Apr 4, 2019	N/A
#6	-0.16% Sep 24, 2018 - Oct 22, 2018	N/A
#7	-0.15% Dec 19, 2019 - Jan 23, 2020	N/A
#8	-0.14% Mar 13, 2020 - Mar 18, 2020	N/A
#9	-0.11% Dec 4, 2018 - Dec 7, 2018	N/A
#10	-0.10% Nov 10, 2022 - Nov 14, 2022	N/A
#11	-0.10% Nov 13, 2017 - Nov 28, 2017	N/A
#12	-0.10% Aug 17, 2018 - Aug 22, 2018	N/A
#13	-0.09% Nov 6, 2023 - Nov 9, 2023	N/A
#14	-0.08% Dec 15, 2023 - Dec 19, 2023	N/A
#15	-0.08% Jul 11, 2024 - Jul 15, 2024	N/A

Correlation

Correlation between TBLL and SQQQ is -0.60 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.60

-101