ADSE vs. QQQM
Compare and contrast key facts about ADS-TEC Energy PLC (ADSE) and Invesco NASDAQ 100 ETF (QQQM).
QQQM is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Oct 13, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ADSE or QQQM.
Key characteristics
| ADSE | QQQM | |
|---|---|---|
| YTD Return | 53.15% | 7.71% |
| 1Y Return | 371.58% | 37.04% |
| 3Y Return (Ann) | 4.03% | 10.42% |
| Sharpe Ratio | 6.10 | 2.30 |
| Daily Std Dev | 64.87% | 16.29% |
| Max Drawdown | -80.57% | -35.05% |
| Current Drawdown | -1.97% | -1.31% |
Correlation
The correlation between ADSE and QQQM is 0.12, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
ADSE vs. QQQM - Performance Comparison
In the year-to-date period, ADSE achieves a 53.15% return, which is significantly higher than QQQM's 7.71% 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
ADSE vs. QQQM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ADS-TEC Energy PLC (ADSE) and Invesco NASDAQ 100 ETF (QQQM). 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
ADSE vs. QQQM - Dividend Comparison
ADSE has not paid dividends to shareholders, while QQQM's dividend yield for the trailing twelve months is around 0.66%.
| TTM | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
ADSE ADS-TEC Energy PLC | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQM Invesco NASDAQ 100 ETF | 0.66% | 0.65% | 0.83% | 0.40% | 0.16% |
Drawdowns
ADSE vs. QQQM - Drawdown Comparison
The maximum ADSE drawdown since its inception was -80.57%, which is greater than QQQM's maximum drawdown of -35.05%. Use the drawdown chart below to compare losses from any high point for ADSE and QQQM. For additional features, visit the drawdowns tool.
Volatility
ADSE vs. QQQM - Volatility Comparison
The current volatility for ADS-TEC Energy PLC (ADSE) is 4.46%, while Invesco NASDAQ 100 ETF (QQQM) has a volatility of 5.80%. This indicates that ADSE experiences smaller price fluctuations and is considered to be less risky than QQQM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.