ATVIX vs. QQQ
Compare and contrast key facts about Athena Behavioral Tactical Fund (ATVIX) and Invesco QQQ (QQQ).
ATVIX is managed by Athena Fund. It was launched on May 14, 2015. QQQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 10, 1999.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ATVIX or QQQ.
Key characteristics
| ATVIX | QQQ | |
|---|---|---|
| YTD Return | 2.87% | 9.03% |
| 1Y Return | 9.04% | 37.37% |
| 3Y Return (Ann) | -10.77% | 11.70% |
| 5Y Return (Ann) | 3.68% | 20.11% |
| Sharpe Ratio | 0.51 | 2.35 |
| Daily Std Dev | 17.77% | 16.21% |
| Max Drawdown | -50.73% | -82.98% |
| Current Drawdown | -37.43% | -0.10% |
Correlation
The correlation between ATVIX and QQQ 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
ATVIX vs. QQQ - Performance Comparison
In the year-to-date period, ATVIX achieves a 2.87% return, which is significantly lower than QQQ's 9.03% return. 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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ATVIX vs. QQQ - Expense Ratio Comparison
ATVIX has a 1.25% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
ATVIX vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Athena Behavioral Tactical Fund (ATVIX) 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.
Dividends
ATVIX vs. QQQ - Dividend Comparison
ATVIX's dividend yield for the trailing twelve months is around 2.82%, more than QQQ's 0.59% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ATVIX Athena Behavioral Tactical Fund | 2.82% | 2.90% | 0.17% | 0.00% | 0.39% | 1.49% | 9.97% | 5.59% | 1.71% | 1.18% | 0.00% | 0.00% |
QQQ Invesco QQQ | 0.59% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.01% |
Drawdowns
ATVIX vs. QQQ - Drawdown Comparison
The maximum ATVIX drawdown since its inception was -50.73%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for ATVIX and QQQ. For additional features, visit the drawdowns tool.
Volatility
ATVIX vs. QQQ - Volatility Comparison
The current volatility for Athena Behavioral Tactical Fund (ATVIX) is 4.40%, while Invesco QQQ (QQQ) has a volatility of 4.93%. This indicates that ATVIX experiences smaller price fluctuations and is considered to be less risky than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.