BEDZ vs. QQQ
Compare and contrast key facts about AdvisorShares Hotel ETF (BEDZ) and Invesco QQQ (QQQ).
BEDZ and QQQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BEDZ is an actively managed fund by AdvisorShares. It was launched on Apr 21, 2021. 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: BEDZ or QQQ.
Key characteristics
| BEDZ | QQQ | |
|---|---|---|
| YTD Return | 17.46% | 24.75% |
| 1Y Return | 26.81% | 32.82% |
| 3Y Return (Ann) | 7.66% | 9.58% |
| Sharpe Ratio | 1.62 | 1.91 |
| Sortino Ratio | 2.26 | 2.55 |
| Omega Ratio | 1.29 | 1.35 |
| Calmar Ratio | 1.90 | 2.43 |
| Martin Ratio | 5.46 | 8.85 |
| Ulcer Index | 5.10% | 3.72% |
| Daily Std Dev | 17.15% | 17.21% |
| Max Drawdown | -29.70% | -82.98% |
| Current Drawdown | -1.94% | -1.06% |
Correlation
The correlation between BEDZ and QQQ is 0.57, 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
BEDZ vs. QQQ - Performance Comparison
In the year-to-date period, BEDZ achieves a 17.46% return, which is significantly lower than QQQ's 24.75% 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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BEDZ vs. QQQ - Expense Ratio Comparison
BEDZ has a 0.79% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
BEDZ vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AdvisorShares Hotel ETF (BEDZ) 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
BEDZ vs. QQQ - Dividend Comparison
BEDZ's dividend yield for the trailing twelve months is around 1.42%, more than QQQ's 0.60% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BEDZ AdvisorShares Hotel ETF | 1.42% | 1.67% | 0.21% | 0.36% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQ Invesco QQQ | 0.60% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.02% |
Drawdowns
BEDZ vs. QQQ - Drawdown Comparison
The maximum BEDZ drawdown since its inception was -29.70%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for BEDZ and QQQ. For additional features, visit the drawdowns tool.
Volatility
BEDZ vs. QQQ - Volatility Comparison
AdvisorShares Hotel ETF (BEDZ) has a higher volatility of 5.86% compared to Invesco QQQ (QQQ) at 4.99%. This indicates that BEDZ's price experiences larger fluctuations and is considered to be riskier than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.