ADNPX vs. QQQ
ADNPX (American Beacon ARK Transformational Innovation Fund) and QQQ (Invesco QQQ ETF) are both funds - ADNPX is a Mid Cap Growth Equities fund managed by American Beacon, while QQQ is a Nasdaq-100 fund tracking the NASDAQ-100 Index. Over the past 5 years, ADNPX returned -8.68%/yr vs 14.23%/yr for QQQ. Their 0.76 correlation means they have sometimes moved together and sometimes differently. ADNPX charges 1.39%/yr vs 0.18%/yr for QQQ.
Performance
ADNPX vs. QQQ - Performance Comparison
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Returns By Period
In the year-to-date period, ADNPX achieves a -4.07% return, which is significantly lower than QQQ's 12.26% return.
ADNPX
- 1D
- 3.40%
- 1M
- -10.86%
- 6M
- -1.44%
- YTD
- -4.07%
- 1Y
- 3.83%
- 3Y*
- 13.55%
- 5Y*
- -8.68%
- 10Y*
- —
- ALL TIME*
- 13.02%
QQQ
- 1D
- 0.65%
- 1M
- -3.45%
- 6M
- 10.89%
- YTD
- 12.26%
- 1Y
- 24.81%
- 3Y*
- 22.29%
- 5Y*
- 14.23%
- 10Y*
- 20.44%
- ALL TIME*
- 10.64%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $30.32B | $28.40B | $31.45B |
ADNPX vs. QQQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ADNPX American Beacon ARK Transformational Innovation Fund | -4.07% | 35.66% | 8.19% | 67.46% | -66.37% | -22.90% | 147.19% | 31.93% | -3.50% | 65.99% |
QQQ Invesco QQQ ETF | 12.26% | 20.77% | 25.58% | 54.86% | -32.58% | 27.42% | 48.62% | 38.96% | -0.13% | 26.18% |
Correlation
The correlation between ADNPX and QQQ is 0.75, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.75 |
Correlation (3Y) Balances recent behavior with more history. | 0.73 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.76 |
Correlation (All Time) Calculated using the full available price history since Feb 1, 2017 | 0.76 |
The correlation between ADNPX and QQQ has been stable across timeframes, ranging from 0.73 to 0.76 - a consistent structural relationship.
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Return for Risk
ADNPX vs. QQQ — Risk / Return Rank
ADNPX
QQQ
ADNPX vs. QQQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Beacon ARK Transformational Innovation Fund (ADNPX) and Invesco QQQ ETF (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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ADNPX | QQQ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.22 | ||
| Sortino ratioReturn per unit of downside risk | -1.48 | ||
| Omega ratioGain probability vs. loss probability | 1.02 | 1.21 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | -0.07 | 1.88 | -1.95 |
| Martin ratioReturn relative to average drawdown | -0.16 | 6.00 | -6.15 |
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Drawdowns
ADNPX vs. QQQ - Drawdown Comparison
The maximum ADNPX drawdown since its inception was -79.98%, roughly equal to the maximum QQQ drawdown of -82.97%. Use the drawdown chart below to compare losses from any high point for ADNPX and QQQ.
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Drawdown Indicators
| ADNPX | QQQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -79.98% | -82.97% | +2.99% |
Max Drawdown (1Y)Largest decline over 1 year | -30.04% | -11.96% | -18.08% |
Max Drawdown (3Y)Largest decline over 3 years | -38.99% | -22.77% | -16.22% |
Max Drawdown (5Y)Largest decline over 5 years | -75.82% | -35.12% | -40.70% |
Max Drawdown (10Y)Largest decline over 10 years | — | -35.12% | — |
Current DrawdownCurrent decline from peak | -50.31% | -7.69% | -42.62% |
Average DrawdownAverage peak-to-trough decline | -34.90% | -32.62% | -2.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.04% | 3.74% | +10.30% |
Volatility
ADNPX vs. QQQ - Volatility Comparison
American Beacon ARK Transformational Innovation Fund (ADNPX) has a higher volatility of 10.43% compared to Invesco QQQ ETF (QQQ) at 6.87%. This indicates that ADNPX's price experiences larger fluctuations and is considered to be riskier than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ADNPX | QQQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.43% | 6.87% | +3.56% |
Volatility (6M)Calculated over the trailing 6-month period | 28.00% | 16.08% | +11.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 36.01% | 19.38% | +16.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 45.39% | 22.90% | +22.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.64% | 22.50% | +17.14% |
ADNPX vs. QQQ - Expense Ratio Comparison
ADNPX has a 1.39% expense ratio, which is higher than QQQ's 0.18% expense ratio.
Dividends
ADNPX vs. QQQ - Dividend Comparison
ADNPX has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.44%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ADNPX American Beacon ARK Transformational Innovation Fund | 0.00% | 0.00% | 0.00% | 0.00% | 9.67% | 31.49% | 0.39% | 3.31% | 6.56% | 3.64% | 0.00% | 0.00% |
QQQ Invesco QQQ ETF | 0.44% | 0.45% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% |
Frequently Asked Questions
ADNPX and QQQ have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ADNPX has higher volatility (10.43%) compared to QQQ (6.87%). In terms of maximum drawdown, ADNPX dropped -79.98% vs QQQ's -82.97%.
QQQ currently has the higher Sharpe Ratio (1.16 vs -0.06), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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