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

Correlation

The correlation between BCD and QQQ is 0.22, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.00.2

Performance

BCD vs. QQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF (BCD) and Invesco QQQ (QQQ). The values are adjusted to include any dividend payments, if applicable.

50.00%100.00%150.00%200.00%250.00%300.00%JulyAugustSeptemberOctoberNovemberDecember
54.24%
313.55%
BCD
QQQ

Key characteristics

Sharpe Ratio

BCD:

0.06

QQQ:

1.64

Sortino Ratio

BCD:

0.16

QQQ:

2.19

Omega Ratio

BCD:

1.02

QQQ:

1.30

Calmar Ratio

BCD:

0.03

QQQ:

2.16

Martin Ratio

BCD:

0.14

QQQ:

7.79

Ulcer Index

BCD:

5.00%

QQQ:

3.76%

Daily Std Dev

BCD:

11.54%

QQQ:

17.85%

Max Drawdown

BCD:

-29.79%

QQQ:

-82.98%

Current Drawdown

BCD:

-19.64%

QQQ:

-3.63%

Returns By Period

In the year-to-date period, BCD achieves a 0.95% return, which is significantly lower than QQQ's 27.20% return.


BCD

YTD

0.95%

1M

-4.34%

6M

-5.29%

1Y

0.49%

5Y*

9.06%

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.


BCD vs. QQQ - Expense Ratio Comparison

BCD has a 0.29% expense ratio, which is higher than QQQ's 0.20% expense ratio.


BCD
abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF
Expense ratio chart for BCD: current value at 0.29% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.29%
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%

Risk-Adjusted Performance

BCD vs. QQQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF (BCD) 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 BCD, currently valued at 0.06, compared to the broader market0.002.004.000.061.64
The chart of Sortino ratio for BCD, currently valued at 0.16, compared to the broader market-2.000.002.004.006.008.0010.000.162.19
The chart of Omega ratio for BCD, currently valued at 1.02, compared to the broader market0.501.001.502.002.503.001.021.30
The chart of Calmar ratio for BCD, currently valued at 0.03, compared to the broader market0.005.0010.0015.000.032.16
The chart of Martin ratio for BCD, currently valued at 0.14, compared to the broader market0.0020.0040.0060.0080.00100.000.147.79
BCD
QQQ

The current BCD Sharpe Ratio is 0.06, which is lower than the QQQ Sharpe Ratio of 1.64. The chart below compares the historical Sharpe Ratios of BCD 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 Ratio-0.500.000.501.001.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
0.06
1.64
BCD
QQQ

Dividends

BCD vs. QQQ - Dividend Comparison

BCD has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.43%.


TTM20232022202120202019201820172016201520142013
BCD
abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF
0.00%4.51%5.21%8.30%1.29%1.56%1.59%0.07%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

BCD vs. QQQ - Drawdown Comparison

The maximum BCD drawdown since its inception was -29.79%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for BCD and QQQ. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-19.64%
-3.63%
BCD
QQQ

Volatility

BCD vs. QQQ - Volatility Comparison

The current volatility for abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF (BCD) is 4.89%, while Invesco QQQ (QQQ) has a volatility of 5.29%. This indicates that BCD 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
4.89%
5.29%
BCD
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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