AGOVX vs. QQQM
Compare and contrast key facts about Invesco Income Fund (AGOVX) and Invesco NASDAQ 100 ETF (QQQM).
AGOVX is managed by Invesco. It was launched on Apr 27, 1987. 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: AGOVX or QQQM.
Correlation
The correlation between AGOVX and QQQM is 0.16, 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
AGOVX vs. QQQM - Performance Comparison
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Key characteristics
AGOVX:
2.48
QQQM:
0.46
AGOVX:
4.47
QQQM:
0.82
AGOVX:
1.65
QQQM:
1.11
AGOVX:
0.96
QQQM:
0.51
AGOVX:
19.56
QQQM:
1.67
AGOVX:
0.38%
QQQM:
6.95%
AGOVX:
2.94%
QQQM:
24.84%
AGOVX:
-33.41%
QQQM:
-35.05%
AGOVX:
-0.85%
QQQM:
-9.37%
Returns By Period
In the year-to-date period, AGOVX achieves a 1.73% return, which is significantly higher than QQQM's -4.36% return.
AGOVX
1.73%
0.29%
2.91%
7.38%
5.37%
1.07%
QQQM
-4.36%
9.37%
-4.75%
11.16%
N/A
N/A
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AGOVX vs. QQQM - Expense Ratio Comparison
AGOVX has a 0.96% expense ratio, which is higher than QQQM's 0.15% expense ratio.
Risk-Adjusted Performance
AGOVX vs. QQQM — Risk-Adjusted Performance Rank
AGOVX
QQQM
AGOVX vs. QQQM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Income Fund (AGOVX) 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.
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Dividends
AGOVX vs. QQQM - Dividend Comparison
AGOVX's dividend yield for the trailing twelve months is around 4.91%, more than QQQM's 0.62% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AGOVX Invesco Income Fund | 4.91% | 5.59% | 5.55% | 3.48% | 2.99% | 4.14% | 4.68% | 2.80% | 1.92% | 1.87% | 1.54% | 1.97% |
QQQM Invesco NASDAQ 100 ETF | 0.62% | 0.61% | 0.65% | 0.83% | 0.40% | 0.16% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
AGOVX vs. QQQM - Drawdown Comparison
The maximum AGOVX drawdown since its inception was -33.41%, roughly equal to the maximum QQQM drawdown of -35.05%. Use the drawdown chart below to compare losses from any high point for AGOVX and QQQM. For additional features, visit the drawdowns tool.
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Volatility
AGOVX vs. QQQM - Volatility Comparison
The current volatility for Invesco Income Fund (AGOVX) is 0.74%, while Invesco NASDAQ 100 ETF (QQQM) has a volatility of 8.08%. This indicates that AGOVX 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.
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