AADAX vs. NQ=F
Compare and contrast key facts about Invesco Select Risk: Growth Investor Fund (AADAX) and E-Mini Nasdaq 100 Futures (NQ=F).
AADAX is managed by Invesco. It was launched on Apr 29, 2004.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AADAX or NQ=F.
Key characteristics
| AADAX | NQ=F | |
|---|---|---|
| YTD Return | 2.58% | 4.27% |
| 1Y Return | 10.98% | 35.50% |
| 3Y Return (Ann) | -0.15% | 8.55% |
| 5Y Return (Ann) | 5.10% | 17.40% |
| 10Y Return (Ann) | 5.01% | 17.20% |
| Sharpe Ratio | 1.16 | 1.91 |
| Daily Std Dev | 9.32% | 16.45% |
| Max Drawdown | -55.88% | -35.28% |
| Current Drawdown | -7.01% | -4.43% |
Correlation
The correlation between AADAX and NQ=F is 0.81, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
AADAX vs. NQ=F - Performance Comparison
In the year-to-date period, AADAX achieves a 2.58% return, which is significantly lower than NQ=F's 4.27% return. Over the past 10 years, AADAX has underperformed NQ=F with an annualized return of 5.01%, while NQ=F has yielded a comparatively higher 17.20% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
AADAX vs. NQ=F - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Select Risk: Growth Investor Fund (AADAX) and E-Mini Nasdaq 100 Futures (NQ=F). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Drawdowns
AADAX vs. NQ=F - Drawdown Comparison
The maximum AADAX drawdown since its inception was -55.88%, which is greater than NQ=F's maximum drawdown of -35.28%. Use the drawdown chart below to compare losses from any high point for AADAX and NQ=F. For additional features, visit the drawdowns tool.
Volatility
AADAX vs. NQ=F - Volatility Comparison
The current volatility for Invesco Select Risk: Growth Investor Fund (AADAX) is 3.07%, while E-Mini Nasdaq 100 Futures (NQ=F) has a volatility of 5.32%. This indicates that AADAX experiences smaller price fluctuations and is considered to be less risky than NQ=F based on this measure. The chart below showcases a comparison of their rolling one-month volatility.