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BBLU vs. QQMG
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

BBLU vs. QQMG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Ea Bridgeway Blue Chip ETF (BBLU) and Invesco ESG NASDAQ 100 ETF (QQMG). The values are adjusted to include any dividend payments, if applicable.

-5.00%0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
13.50%
10.46%
BBLU
QQMG

Returns By Period

In the year-to-date period, BBLU achieves a 28.03% return, which is significantly higher than QQMG's 24.82% return.


BBLU

YTD

28.03%

1M

3.02%

6M

13.49%

1Y

33.01%

5Y (annualized)

N/A

10Y (annualized)

N/A

QQMG

YTD

24.82%

1M

3.19%

6M

10.46%

1Y

30.98%

5Y (annualized)

N/A

10Y (annualized)

N/A

Key characteristics


BBLUQQMG
Sharpe Ratio2.811.68
Sortino Ratio3.842.25
Omega Ratio1.511.30
Calmar Ratio3.642.19
Martin Ratio16.087.55
Ulcer Index2.05%4.10%
Daily Std Dev11.74%18.45%
Max Drawdown-9.07%-35.44%
Current Drawdown-0.37%-1.67%

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BBLU vs. QQMG - Expense Ratio Comparison

BBLU has a 0.15% expense ratio, which is lower than QQMG'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%.


QQMG
Invesco ESG NASDAQ 100 ETF
Expense ratio chart for QQMG: 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 BBLU: current value at 0.15% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.15%

Correlation

-0.50.00.51.00.8

The correlation between BBLU and QQMG is 0.85, 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.

Risk-Adjusted Performance

BBLU vs. QQMG - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Ea Bridgeway Blue Chip ETF (BBLU) and Invesco ESG NASDAQ 100 ETF (QQMG). 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 BBLU, currently valued at 2.81, compared to the broader market0.002.004.006.002.811.68
The chart of Sortino ratio for BBLU, currently valued at 3.84, compared to the broader market-2.000.002.004.006.008.0010.0012.003.842.25
The chart of Omega ratio for BBLU, currently valued at 1.51, compared to the broader market0.501.001.502.002.503.001.511.30
The chart of Calmar ratio for BBLU, currently valued at 3.64, compared to the broader market0.005.0010.0015.0020.003.642.19
The chart of Martin ratio for BBLU, currently valued at 16.08, compared to the broader market0.0020.0040.0060.0080.00100.00120.0016.087.55
BBLU
QQMG

The current BBLU Sharpe Ratio is 2.81, which is higher than the QQMG Sharpe Ratio of 1.68. The chart below compares the historical Sharpe Ratios of BBLU and QQMG, 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 Ratio1.001.502.002.503.003.50JuneJulyAugustSeptemberOctoberNovember
2.81
1.68
BBLU
QQMG

Dividends

BBLU vs. QQMG - Dividend Comparison

BBLU's dividend yield for the trailing twelve months is around 1.31%, more than QQMG's 0.53% yield.


TTM202320222021
BBLU
Ea Bridgeway Blue Chip ETF
1.31%1.68%32.07%0.00%
QQMG
Invesco ESG NASDAQ 100 ETF
0.53%0.60%0.83%0.08%

Drawdowns

BBLU vs. QQMG - Drawdown Comparison

The maximum BBLU drawdown since its inception was -9.07%, smaller than the maximum QQMG drawdown of -35.44%. Use the drawdown chart below to compare losses from any high point for BBLU and QQMG. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-0.37%
-1.67%
BBLU
QQMG

Volatility

BBLU vs. QQMG - Volatility Comparison

The current volatility for Ea Bridgeway Blue Chip ETF (BBLU) is 3.99%, while Invesco ESG NASDAQ 100 ETF (QQMG) has a volatility of 5.64%. This indicates that BBLU experiences smaller price fluctuations and is considered to be less risky than QQMG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%JuneJulyAugustSeptemberOctoberNovember
3.99%
5.64%
BBLU
QQMG