AMAT vs. QLD
Compare and contrast key facts about Applied Materials, Inc. (AMAT) and ProShares Ultra QQQ (QLD).
QLD is a passively managed fund by ProShares that tracks the performance of the NASDAQ-100 Index (200%). It was launched on Jun 21, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AMAT or QLD.
Key characteristics
| AMAT | QLD | |
|---|---|---|
| YTD Return | 29.47% | 8.12% |
| 1Y Return | 89.00% | 69.24% |
| 3Y Return (Ann) | 17.17% | 7.18% |
| 5Y Return (Ann) | 38.28% | 27.81% |
| 10Y Return (Ann) | 28.93% | 30.32% |
| Sharpe Ratio | 2.60 | 2.15 |
| Daily Std Dev | 33.47% | 32.26% |
| Max Drawdown | -85.22% | -83.13% |
| Current Drawdown | -1.64% | -10.45% |
Correlation
The correlation between AMAT and QLD is 0.69, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
AMAT vs. QLD - Performance Comparison
In the year-to-date period, AMAT achieves a 29.47% return, which is significantly higher than QLD's 8.12% return. Both investments have delivered pretty close results over the past 10 years, with AMAT having a 28.93% annualized return and QLD not far ahead at 30.32%. 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
AMAT vs. QLD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Applied Materials, Inc. (AMAT) and ProShares Ultra QQQ (QLD). 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
AMAT vs. QLD - Dividend Comparison
AMAT's dividend yield for the trailing twelve months is around 0.61%, more than QLD's 0.38% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMAT Applied Materials, Inc. | 0.61% | 0.75% | 1.05% | 0.60% | 1.01% | 1.36% | 2.14% | 0.78% | 1.24% | 2.14% | 1.61% | 2.21% |
QLD ProShares Ultra QQQ | 0.38% | 0.33% | 0.31% | 0.00% | 0.00% | 0.13% | 0.06% | 0.02% | 0.24% | 0.11% | 0.19% | 0.13% |
Drawdowns
AMAT vs. QLD - Drawdown Comparison
The maximum AMAT drawdown since its inception was -85.22%, roughly equal to the maximum QLD drawdown of -83.13%. Use the drawdown chart below to compare losses from any high point for AMAT and QLD. For additional features, visit the drawdowns tool.
Volatility
AMAT vs. QLD - Volatility Comparison
The current volatility for Applied Materials, Inc. (AMAT) is 6.47%, while ProShares Ultra QQQ (QLD) has a volatility of 8.38%. This indicates that AMAT experiences smaller price fluctuations and is considered to be less risky than QLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.