TQQQ vs LQD

Comparison between PROSHARES ULTRAPRO QQQ (TQQQ, ETF) and ISHARES IBOXX $ INVESTMENT GRADE CORPORATE BOND ETF (LQD, ETF).

5-Year PerformanceTQQQ has outperformed LQD, delivering a return of +29.2% compared to +0.2%

TQQQ vs LQD - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	TQQQ(ETF)	LQD(ETF)
Net Assets	$31B	$31B
Expense Ratio	N/A	0.14%
Max Drawdown	81.75%	30.46%
Sharpe Ratio	1.96	0.53
5Y Beta	3.64	0.14
5Y Dividends CAGR	N/A	9.18%

Net Assets

Winner

TQQQ

$31B

LQD

$31B

Expense Ratio

TQQQ

N/A

LQD

0.14%

Max Drawdown

TQQQ

81.75%

Winner

LQD

30.46%

Sharpe Ratio

Winner

TQQQ

1.96

LQD

0.53

5Y Beta

TQQQ

3.64

Winner

LQD

0.14

5Y Dividends CAGR

TQQQ

N/A

LQD

9.18%

TQQQ vs LQD - Historical Returns

Returns include dividend reinvestment.

Period	TQQQ	LQD
1 month	+52.47%	-0.52%
3 months	+59.61%	-1.54%
6 months	+48.07%	+0.52%
1 year	+124.98%	+6.51%
5 years(CAGR)	+29.16%	+0.18%
10 years(CAGR)	+45.50%	+2.53%
Max(CAGR)	+44.02%	+4.48%

Winner

TQQQ

+52.47%

LQD

-0.52%

Winner

TQQQ

+59.61%

LQD

-1.54%

Winner

TQQQ

+48.07%

LQD

+0.52%

Winner

TQQQ

+124.98%

LQD

+6.51%

5Y(CAGR)

Winner

TQQQ

+29.16%

LQD

+0.18%

10Y(CAGR)

Winner

TQQQ

+45.50%

LQD

+2.53%

Max(CAGR)

Winner

TQQQ

+44.02%

LQD

+4.48%

TQQQ vs LQD - Annual Returns (2002 - 2026)

Returns include dividend reinvestment.

Year	TQQQ	LQD
2026	+47.78%	+0.11%
2025	+35.23%	+7.89%
2024	+66.68%	+1.55%
2023	+205.14%	+8.65%
2022	-79.67%	-17.05%
2021	+91.35%	-1.34%
2020	+100.13%	+10.74%
2019	+130.53%	+17.00%
2018	-23.72%	-3.14%
2017	+112.91%	+6.96%
2016	+18.63%	+6.27%
2015	+18.20%	-1.60%
2014	+60.84%	+8.00%
2013	+119.27%	-2.22%
2012	+44.08%	+10.67%
2011	-12.02%	+9.31%
2010	+78.04%	+8.75%
2009	N/A	+9.58%
2008	N/A	+1.20%
2007	N/A	+3.95%
2006	N/A	+3.65%
2005	N/A	+0.51%
2004	N/A	+6.48%
2003	N/A	+8.29%
2002	N/A	+9.86%

TQQQ vs LQD Drawdown Comparison

The maximum drawdown for TQQQ was -81.65%, occurring on Dec 28, 2022. Recovery took 763 trading sessions.

The maximum drawdown for LQD was -24.96%, occurring on Oct 20, 2022. This drawdown has not yet recovered.

The current LQD drawdown is -4.10%.

Rank	TQQQ	LQD
#1	-81.65% Nov 19, 2021 - Dec 4, 2024	-24.96% Sep 22, 2021 - Oct 20, 2022
#2	-69.92% Feb 19, 2020 - Jul 10, 2020	-21.76% Mar 6, 2020 - Jun 10, 2020
#3	-58.08% Aug 29, 2018 - Nov 4, 2019	-21.54% May 1, 2008 - Jan 9, 2009
#4	-58.04% Dec 16, 2024 - Aug 12, 2025	-10.86% Jan 9, 2009 - Jun 25, 2009
#5	-44.54% Jul 20, 2015 - Sep 22, 2016	-8.70% Jun 13, 2003 - Mar 5, 2004
#6	-43.90% Jul 22, 2011 - Feb 8, 2012	-8.57% May 1, 2013 - May 1, 2014
#7	-43.11% Apr 23, 2010 - Oct 25, 2010	-7.66% Mar 17, 2004 - Sep 16, 2004
#8	-36.97% Oct 29, 2025 - Apr 22, 2026	-6.64% Dec 31, 2020 - Aug 3, 2021
#9	-35.37% Sep 2, 2020 - Dec 17, 2020	-6.03% Feb 2, 2015 - Apr 1, 2016
#10	-31.94% Apr 3, 2012 - Sep 6, 2012	-5.86% Sep 6, 2016 - Jun 14, 2017
#11	-31.89% Sep 19, 2012 - Apr 30, 2013	-5.63% Dec 29, 2017 - Mar 12, 2019
#12	-30.43% Feb 12, 2021 - Apr 13, 2021	-5.23% Nov 4, 2010 - May 5, 2011
#13	-29.68% Mar 12, 2018 - Jun 14, 2018	-4.85% Aug 31, 2005 - Sep 19, 2006
#14	-28.56% Jan 26, 2018 - Mar 9, 2018	-4.66% Nov 4, 2011 - Jan 17, 2012
#15	-25.35% Apr 27, 2011 - Jul 22, 2011	-4.34% Sep 27, 2002 - Nov 7, 2002

Correlation

Correlation between TQQQ and LQD is 0.76 which considered as a strong positive correlation - the stocks tend to move together.

0.76

-101

Dividend Comparison (2002 - 2026)

TQQQ vs LQD dividend yield comparison.

Year	TQQQ	LQD
2026	0.09%	1.53%
2025	0.65%	4.48%
2024	1.27%	4.45%
2023	1.26%	3.99%
2022	0.57%	3.30%
2021	0.00%	2.30%
2020	0.00%	2.66%
2019	0.06%	3.29%
2018	0.11%	3.67%
2017	0.00%	3.10%
2016	0.00%	3.34%
2015	0.01%	3.47%
2014	0.02%	3.39%
2013	0.00%	3.83%
2012	0.00%	3.83%
2011	0.00%	4.39%
2010	0.00%	4.87%
2009	0.00%	5.50%
2008	0.00%	5.37%
2007	0.00%	5.45%
2006	0.00%	5.04%
2005	0.00%	4.76%
2004	0.00%	4.66%
2003	0.00%	4.96%
2002	0.00%	2.26%