ABRYX vs. QQQ
Compare and contrast key facts about Invesco Balanced-Risk Allocation Fund (ABRYX) and Invesco QQQ (QQQ).
ABRYX is managed by Invesco. It was launched on Jun 1, 2009. 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: ABRYX or QQQ.
Correlation
The correlation between ABRYX and QQQ is -1.00. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
ABRYX vs. QQQ - Performance Comparison
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Key characteristics
ABRYX:
2.96%
QQQ:
25.14%
ABRYX:
-0.25%
QQQ:
-82.98%
ABRYX:
-0.12%
QQQ:
-9.42%
Returns By Period
ABRYX
N/A
N/A
N/A
N/A
N/A
N/A
QQQ
-4.41%
7.39%
-4.80%
11.06%
17.86%
17.08%
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ABRYX vs. QQQ - Expense Ratio Comparison
ABRYX has a 1.06% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
ABRYX vs. QQQ — Risk-Adjusted Performance Rank
ABRYX
QQQ
ABRYX vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Balanced-Risk Allocation Fund (ABRYX) 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.
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Dividends
ABRYX vs. QQQ - Dividend Comparison
ABRYX's dividend yield for the trailing twelve months is around 13.18%, more than QQQ's 0.61% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ABRYX Invesco Balanced-Risk Allocation Fund | 13.18% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQ Invesco QQQ | 0.61% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
ABRYX vs. QQQ - Drawdown Comparison
The maximum ABRYX drawdown since its inception was -0.25%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for ABRYX and QQQ. For additional features, visit the drawdowns tool.
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Volatility
ABRYX vs. QQQ - Volatility Comparison
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