AKRIX vs. QQQM
Compare and contrast key facts about Akre Focus Fund (AKRIX) and Invesco NASDAQ 100 ETF (QQQM).
AKRIX is managed by Akre. It was launched on Aug 31, 2009. 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: AKRIX or QQQM.
Correlation
The correlation between AKRIX and QQQM is 0.77, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
AKRIX vs. QQQM - Performance Comparison
Key characteristics
AKRIX:
0.92
QQQM:
1.46
AKRIX:
1.26
QQQM:
1.98
AKRIX:
1.17
QQQM:
1.26
AKRIX:
0.82
QQQM:
1.93
AKRIX:
3.86
QQQM:
6.96
AKRIX:
3.38%
QQQM:
3.77%
AKRIX:
14.14%
QQQM:
17.98%
AKRIX:
-34.14%
QQQM:
-35.05%
AKRIX:
-10.11%
QQQM:
-4.04%
Returns By Period
AKRIX
0.00%
-10.11%
6.16%
13.04%
8.03%
11.50%
QQQM
26.76%
1.32%
7.34%
26.76%
N/A
N/A
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AKRIX vs. QQQM - Expense Ratio Comparison
AKRIX has a 1.04% expense ratio, which is higher than QQQM's 0.15% expense ratio.
Risk-Adjusted Performance
AKRIX vs. QQQM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Akre Focus Fund (AKRIX) 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
AKRIX vs. QQQM - Dividend Comparison
AKRIX has not paid dividends to shareholders, while QQQM's dividend yield for the trailing twelve months is around 0.60%.
| TTM | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
AKRIX Akre Focus Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQM Invesco NASDAQ 100 ETF | 0.60% | 0.65% | 0.83% | 0.40% | 0.16% |
Drawdowns
AKRIX vs. QQQM - Drawdown Comparison
The maximum AKRIX drawdown since its inception was -34.14%, roughly equal to the maximum QQQM drawdown of -35.05%. Use the drawdown chart below to compare losses from any high point for AKRIX and QQQM. For additional features, visit the drawdowns tool.
Volatility
AKRIX vs. QQQM - Volatility Comparison
Akre Focus Fund (AKRIX) has a higher volatility of 6.29% compared to Invesco NASDAQ 100 ETF (QQQM) at 5.75%. This indicates that AKRIX's price experiences larger fluctuations and is considered to be riskier than QQQM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.