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BBAX vs. QQQ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between BBAX and QQQ is 0.64, 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.


-0.50.00.51.00.6

Performance

BBAX vs. QQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan BetaBuilders Developed Asia ex-Japan ETF (BBAX) and Invesco QQQ (QQQ). The values are adjusted to include any dividend payments, if applicable.

0.00%50.00%100.00%150.00%200.00%JulyAugustSeptemberOctoberNovemberDecember
25.24%
197.55%
BBAX
QQQ

Key characteristics

Sharpe Ratio

BBAX:

0.34

QQQ:

1.64

Sortino Ratio

BBAX:

0.58

QQQ:

2.19

Omega Ratio

BBAX:

1.07

QQQ:

1.30

Calmar Ratio

BBAX:

0.41

QQQ:

2.16

Martin Ratio

BBAX:

1.39

QQQ:

7.79

Ulcer Index

BBAX:

3.82%

QQQ:

3.76%

Daily Std Dev

BBAX:

15.56%

QQQ:

17.85%

Max Drawdown

BBAX:

-39.64%

QQQ:

-82.98%

Current Drawdown

BBAX:

-10.12%

QQQ:

-3.63%

Returns By Period

In the year-to-date period, BBAX achieves a 1.92% return, which is significantly lower than QQQ's 27.20% return.


BBAX

YTD

1.92%

1M

-5.33%

6M

2.37%

1Y

3.28%

5Y*

3.26%

10Y*

N/A

QQQ

YTD

27.20%

1M

3.08%

6M

8.34%

1Y

27.81%

5Y*

20.44%

10Y*

18.36%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


BBAX vs. QQQ - Expense Ratio Comparison

BBAX has a 0.19% expense ratio, which is lower than QQQ's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


QQQ
Invesco QQQ
Expense ratio chart for QQQ: current value at 0.20% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.20%
Expense ratio chart for BBAX: current value at 0.19% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.19%

Risk-Adjusted Performance

BBAX vs. QQQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan BetaBuilders Developed Asia ex-Japan ETF (BBAX) 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.


Sharpe ratio
The chart of Sharpe ratio for BBAX, currently valued at 0.34, compared to the broader market0.002.004.000.341.64
The chart of Sortino ratio for BBAX, currently valued at 0.58, compared to the broader market-2.000.002.004.006.008.0010.000.582.19
The chart of Omega ratio for BBAX, currently valued at 1.07, compared to the broader market0.501.001.502.002.503.001.071.30
The chart of Calmar ratio for BBAX, currently valued at 0.41, compared to the broader market0.005.0010.0015.000.412.16
The chart of Martin ratio for BBAX, currently valued at 1.39, compared to the broader market0.0020.0040.0060.0080.00100.001.397.79
BBAX
QQQ

The current BBAX Sharpe Ratio is 0.34, which is lower than the QQQ Sharpe Ratio of 1.64. The chart below compares the historical Sharpe Ratios of BBAX and QQQ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.000.501.001.502.002.50JulyAugustSeptemberOctoberNovemberDecember
0.34
1.64
BBAX
QQQ

Dividends

BBAX vs. QQQ - Dividend Comparison

BBAX's dividend yield for the trailing twelve months is around 3.32%, more than QQQ's 0.43% yield.


TTM20232022202120202019201820172016201520142013
BBAX
JPMorgan BetaBuilders Developed Asia ex-Japan ETF
3.32%4.17%5.06%5.47%2.57%4.07%1.36%0.00%0.00%0.00%0.00%0.00%
QQQ
Invesco QQQ
0.43%0.62%0.80%0.43%0.55%0.74%0.91%0.84%1.06%0.99%1.41%1.02%

Drawdowns

BBAX vs. QQQ - Drawdown Comparison

The maximum BBAX drawdown since its inception was -39.64%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for BBAX and QQQ. For additional features, visit the drawdowns tool.


-14.00%-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-10.12%
-3.63%
BBAX
QQQ

Volatility

BBAX vs. QQQ - Volatility Comparison

The current volatility for JPMorgan BetaBuilders Developed Asia ex-Japan ETF (BBAX) is 4.72%, while Invesco QQQ (QQQ) has a volatility of 5.29%. This indicates that BBAX 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.


3.00%4.00%5.00%6.00%7.00%8.00%9.00%JulyAugustSeptemberOctoberNovemberDecember
4.72%
5.29%
BBAX
QQQ
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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