Tradr 2X Long Triple Q Quarterly ETF (QQQP) Performance

NASDAQ: QQQPTotal returns, calendar years, drawdowns and risk since 2024.

QQQP total return

Distributions reinvested · as of Oct 23, 2026
YTD
+19.0%
since Dec 31, 2025
1 year
+19.0%
total return
Since first price
+71.8%
since 2024

QQQP trailing returns vs SPY, QQQ, AGG

QQQP trailing returns
PeriodQQQP total returnPrice onlyS&P 500 (SPY)Nasdaq-100 (QQQ)U.S. bonds (AGG)
1 month−10.4%−10.4%−1.0%−5.0%+0.9%
3 months+2.1%+2.1%+3.2%+1.9%−0.4%
6 months+9.6%+9.6%+7.8%+8.4%−1.5%
YTD+19.0%+19.0%+12.3%+15.1%−1.0%
1 year+19.0%+19.0%+14.4%+15.9%−1.1%
Since inceptionOct 1, 2024+71.8%+71.8%———

Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.

Growth of $10,000: QQQP vs SPY

QQQPS&P 500 (SPY)

From Oct 1, 2024: QQQP grew to $17,183, SPY to $13,674.

Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.

QQQP returns by calendar year

QQQPSPY

1 of 1 full years positive. Best 2025 (+30.2%), worst 2025 (+30.2%). 2026 is year to date.

QQQP annual returns table

QQQP calendar-year returns
YearQQQPLargest dropSPYQQQAGG
2026YTD+19.0%−23.9%+12.3%+15.1%−1.0%
2025+30.2%−42.4%+17.7%+20.8%+7.2%

Largest drop = deepest fall from a high within that calendar year.

Calendar-year return vs largest drop within the year

Calendar-year returnLargest drop within the year

Most years include a sizable fall at some point even when the year ends higher.

QQQP largest drawdowns

Now 14.5% below the high
QQQP largest drawdowns
PeakDeclineBottomRecoveredFallUnderwater
Dec 16, 2024−42.5%Apr 8, 2025Jul 3, 20254 months7 months
Oct 29, 2025−25.3%Mar 30, 2026Apr 22, 20265 months6 months
Jun 2, 2026−22.7%Jul 29, 2026Oct 5, 202657 days4 months
Oct 6, 2026−14.5%Oct 22, 2026not yet16 days17 days so far

Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.

QQQP risk statistics

QQQP risk statistics
StatisticSince 2024
Annualized return+39.7%
Volatility (annualized)36.4%
Sharpe ratio0.99
Sortino ratio1.92
Best month+30.9%
Worst month−16.3%
Best 12 months+77.0%
Worst 12 months+28.0%
Positive months70%
Beta vs S&P 500—
Correlation with S&P 500—

From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.

QQQP rolling returns

QQQP rolling returns
Holding periodPeriodsWorstMedianBestPositive
1-year13+12.3%+36.4%+77.0%100%

Every holding period starting at a month-end since 2024. Returns for 3 years and longer are annualized.

QQQP performance overview

Tradr 2X Long Triple Q Quarterly ETF (QQQP) returned +19.0% over the past year, with distributions reinvested. Since its first recorded price on Oct 1, 2024 it has returned +71.8%. Over the same year S&P 500 (SPY) returned +14.4%.

The deepest decline was −42.5%, from Dec 16, 2024 to Apr 8, 2025, and it took 3 months to get back to the old high. Volatility has been 36.4% a year.

Related: QQQP chart. See the QQQP overview for the latest quote and fund facts.

QQQP performance FAQ

What is the QQQP return over the past year?

QQQP returned +19.0% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 19.0%.

How much would $10,000 invested in QQQP be worth?

$10,000 invested in QQQP at its first recorded close on October 1, 2024 would be worth about $17,183 on October 23, 2026 with distributions reinvested.

What is the biggest drawdown of QQQP?

The largest peak-to-trough decline was −42.5% between December 16, 2024 and April 8, 2025. It recovered to the old high on July 3, 2025, 3 months after the bottom.

How volatile is QQQP?

Over the past history QQQP had an annualized volatility of 36.4% and a Sharpe ratio of 0.99 (excess return over 1–3 month T-bills per unit of risk).