ABRVX vs. QQQ
Compare and contrast key facts about ABR Dynamic Blend Equity & Volatility Fund (ABRVX) and Invesco QQQ (QQQ).
ABRVX is managed by ABR. It was launched on Aug 2, 2015. 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: ABRVX or QQQ.
Key characteristics
| ABRVX | QQQ | |
|---|---|---|
| YTD Return | 3.46% | 7.60% |
| 1Y Return | 9.90% | 37.73% |
| 3Y Return (Ann) | -3.87% | 10.32% |
| 5Y Return (Ann) | 8.07% | 19.78% |
| Sharpe Ratio | 1.02 | 2.27 |
| Daily Std Dev | 9.36% | 16.26% |
| Max Drawdown | -29.71% | -82.98% |
| Current Drawdown | -18.59% | -1.42% |
Correlation
The correlation between ABRVX and QQQ is 0.70, 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.
Performance
ABRVX vs. QQQ - Performance Comparison
In the year-to-date period, ABRVX achieves a 3.46% return, which is significantly lower than QQQ's 7.60% 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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ABRVX vs. QQQ - Expense Ratio Comparison
ABRVX has a 1.98% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
ABRVX vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ABR Dynamic Blend Equity & Volatility Fund (ABRVX) 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
ABRVX vs. QQQ - Dividend Comparison
ABRVX has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.60%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ABRVX ABR Dynamic Blend Equity & Volatility Fund | 0.00% | 0.00% | 0.00% | 8.33% | 24.49% | 0.80% | 3.95% | 3.26% | 1.29% | 0.77% | 0.00% | 0.00% |
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% | 1.01% |
Drawdowns
ABRVX vs. QQQ - Drawdown Comparison
The maximum ABRVX drawdown since its inception was -29.71%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for ABRVX and QQQ. For additional features, visit the drawdowns tool.
Volatility
ABRVX vs. QQQ - Volatility Comparison
The current volatility for ABR Dynamic Blend Equity & Volatility Fund (ABRVX) is 2.38%, while Invesco QQQ (QQQ) has a volatility of 5.78%. This indicates that ABRVX 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.