Correlation
The correlation between AIGP.L and QQQ is 0.04, 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.
AIGP.L vs. QQQ
Compare and contrast key facts about WisdomTree Precious Metals (AIGP.L) and Invesco QQQ (QQQ).
AIGP.L and QQQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AIGP.L is a passively managed fund by WisdomTree that tracks the performance of the Bloomberg Precious Metals. It was launched on Sep 22, 2006. QQQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 10, 1999. Both AIGP.L and QQQ are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AIGP.L or QQQ.
Performance
AIGP.L vs. QQQ - Performance Comparison
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Key characteristics
AIGP.L:
1.51
QQQ:
0.57
AIGP.L:
2.02
QQQ:
0.95
AIGP.L:
1.25
QQQ:
1.13
AIGP.L:
1.59
QQQ:
0.62
AIGP.L:
7.58
QQQ:
2.03
AIGP.L:
3.88%
QQQ:
7.02%
AIGP.L:
19.55%
QQQ:
25.60%
AIGP.L:
-55.05%
QQQ:
-82.98%
AIGP.L:
-1.91%
QQQ:
-3.49%
Returns By Period
In the year-to-date period, AIGP.L achieves a 22.54% return, which is significantly higher than QQQ's 1.85% return. Over the past 10 years, AIGP.L has underperformed QQQ with an annualized return of 7.57%, while QQQ has yielded a comparatively higher 17.67% annualized return.
AIGP.L
22.54%
0.02%
19.77%
28.39%
17.50%
10.89%
7.57%
QQQ
1.85%
9.34%
3.21%
14.61%
19.74%
18.12%
17.67%
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AIGP.L vs. QQQ - Expense Ratio Comparison
AIGP.L has a 0.49% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
AIGP.L vs. QQQ — Risk-Adjusted Performance Rank
AIGP.L
QQQ
AIGP.L vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Precious Metals (AIGP.L) 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
AIGP.L vs. QQQ - Dividend Comparison
AIGP.L has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.57%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AIGP.L WisdomTree Precious Metals | 0.00% | 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 | 0.57% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
AIGP.L vs. QQQ - Drawdown Comparison
The maximum AIGP.L drawdown since its inception was -55.05%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for AIGP.L and QQQ.
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Volatility
AIGP.L vs. QQQ - Volatility Comparison
WisdomTree Precious Metals (AIGP.L) has a higher volatility of 7.14% compared to Invesco QQQ (QQQ) at 5.60%. This indicates that AIGP.L'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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