AMPL vs. QTUM
Compare and contrast key facts about Amplitude, Inc. (AMPL) and Defiance Quantum ETF (QTUM).
QTUM is a passively managed fund by Defiance ETFs that tracks the performance of the BlueStar Machine Learning and Quantum Computing Index. It was launched on Sep 5, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AMPL or QTUM.
Correlation
The correlation between AMPL and QTUM is 0.54, 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
AMPL vs. QTUM - Performance Comparison
Key characteristics
AMPL:
0.21
QTUM:
1.08
AMPL:
0.54
QTUM:
1.58
AMPL:
1.06
QTUM:
1.21
AMPL:
0.05
QTUM:
1.34
AMPL:
0.25
QTUM:
4.17
AMPL:
16.92%
QTUM:
8.19%
AMPL:
53.77%
QTUM:
32.99%
AMPL:
-90.91%
QTUM:
-38.45%
AMPL:
-87.62%
QTUM:
-7.54%
Returns By Period
In the year-to-date period, AMPL achieves a -0.47% return, which is significantly higher than QTUM's -1.55% return.
AMPL
-0.47%
23.82%
0.10%
11.23%
N/A
N/A
QTUM
-1.55%
23.92%
20.31%
35.25%
24.99%
N/A
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Risk-Adjusted Performance
AMPL vs. QTUM — Risk-Adjusted Performance Rank
AMPL
QTUM
AMPL vs. QTUM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Amplitude, Inc. (AMPL) and Defiance Quantum ETF (QTUM). 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
AMPL vs. QTUM - Dividend Comparison
AMPL has not paid dividends to shareholders, while QTUM's dividend yield for the trailing twelve months is around 0.69%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
AMPL Amplitude, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QTUM Defiance Quantum ETF | 0.69% | 0.61% | 0.81% | 1.46% | 0.48% | 0.45% | 0.61% | 0.21% |
Drawdowns
AMPL vs. QTUM - Drawdown Comparison
The maximum AMPL drawdown since its inception was -90.91%, which is greater than QTUM's maximum drawdown of -38.45%. Use the drawdown chart below to compare losses from any high point for AMPL and QTUM. For additional features, visit the drawdowns tool.
Volatility
AMPL vs. QTUM - Volatility Comparison
Amplitude, Inc. (AMPL) has a higher volatility of 21.29% compared to Defiance Quantum ETF (QTUM) at 14.12%. This indicates that AMPL's price experiences larger fluctuations and is considered to be riskier than QTUM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.