AADR vs. QQQ
Compare and contrast key facts about AdvisorShares Dorsey Wright ADR ETF (AADR) and Invesco QQQ (QQQ).
AADR and QQQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AADR is an actively managed fund by AdvisorShares. It was launched on Jul 20, 2010. QQQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 10, 1999.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AADR or QQQ.
Performance
AADR vs. QQQ - Performance Comparison
Returns By Period
In the year-to-date period, AADR achieves a 21.59% return, which is significantly lower than QQQ's 23.40% return. Over the past 10 years, AADR has underperformed QQQ with an annualized return of 7.18%, while QQQ has yielded a comparatively higher 18.08% annualized return.
AADR
21.59%
2.53%
7.15%
31.09%
7.68%
7.18%
QQQ
23.40%
1.56%
10.75%
30.41%
20.90%
18.08%
Key characteristics
| AADR | QQQ | |
|---|---|---|
| Sharpe Ratio | 1.66 | 1.71 |
| Sortino Ratio | 2.25 | 2.29 |
| Omega Ratio | 1.29 | 1.31 |
| Calmar Ratio | 1.41 | 2.19 |
| Martin Ratio | 9.25 | 7.95 |
| Ulcer Index | 3.17% | 3.73% |
| Daily Std Dev | 17.72% | 17.38% |
| Max Drawdown | -45.01% | -82.98% |
| Current Drawdown | 0.00% | -2.13% |
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AADR vs. QQQ - Expense Ratio Comparison
AADR has a 1.10% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Correlation
The correlation between AADR and QQQ is 0.58, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Risk-Adjusted Performance
AADR vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AdvisorShares Dorsey Wright ADR ETF (AADR) and Invesco QQQ (QQQ). 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.
Dividends
AADR vs. QQQ - Dividend Comparison
AADR's dividend yield for the trailing twelve months is around 1.60%, more than QQQ's 0.60% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AADR AdvisorShares Dorsey Wright ADR ETF | 1.60% | 0.74% | 3.65% | 0.92% | 0.11% | 0.58% | 0.75% | 0.74% | 0.58% | 0.81% | 0.49% | 0.34% |
QQQ Invesco QQQ | 0.60% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.02% |
Drawdowns
AADR vs. QQQ - Drawdown Comparison
The maximum AADR drawdown since its inception was -45.01%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for AADR and QQQ. For additional features, visit the drawdowns tool.
Volatility
AADR vs. QQQ - Volatility Comparison
The current volatility for AdvisorShares Dorsey Wright ADR ETF (AADR) is 4.76%, while Invesco QQQ (QQQ) has a volatility of 5.66%. This indicates that AADR experiences smaller price fluctuations and is considered to be less risky than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.