PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
BERZ vs. QUS
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


BERZQUS
YTD Return-65.32%23.38%
1Y Return-75.13%32.97%
3Y Return (Ann)-57.22%9.68%
Sharpe Ratio-1.063.32
Sortino Ratio-2.214.67
Omega Ratio0.761.63
Calmar Ratio-0.775.89
Martin Ratio-1.4121.97
Ulcer Index53.09%1.50%
Daily Std Dev70.92%9.91%
Max Drawdown-97.18%-33.78%
Current Drawdown-97.11%-0.31%

Correlation

-0.50.00.51.0-0.8

The correlation between BERZ and QUS is -0.80. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Performance

BERZ vs. QUS - Performance Comparison

In the year-to-date period, BERZ achieves a -65.32% return, which is significantly lower than QUS's 23.38% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%10.00%JuneJulyAugustSeptemberOctoberNovember
-48.36%
12.44%
BERZ
QUS

Compare stocks, funds, or ETFs

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


BERZ vs. QUS - Expense Ratio Comparison

BERZ has a 0.95% expense ratio, which is higher than QUS's 0.15% expense ratio.


BERZ
MicroSectors Solactive FANG & Innovation -3X Inverse Leveraged ETN
Expense ratio chart for BERZ: current value at 0.95% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.95%
Expense ratio chart for QUS: 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%

Risk-Adjusted Performance

BERZ vs. QUS - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for MicroSectors Solactive FANG & Innovation -3X Inverse Leveraged ETN (BERZ) and SPDR MSCI USA StrategicFactors ETF (QUS). 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.


BERZ
Sharpe ratio
The chart of Sharpe ratio for BERZ, currently valued at -1.06, compared to the broader market-2.000.002.004.00-1.06
Sortino ratio
The chart of Sortino ratio for BERZ, currently valued at -2.21, compared to the broader market0.005.0010.00-2.21
Omega ratio
The chart of Omega ratio for BERZ, currently valued at 0.76, compared to the broader market1.001.502.002.503.000.76
Calmar ratio
The chart of Calmar ratio for BERZ, currently valued at -0.77, compared to the broader market0.005.0010.0015.00-0.77
Martin ratio
The chart of Martin ratio for BERZ, currently valued at -1.41, compared to the broader market0.0020.0040.0060.0080.00100.00120.00-1.41
QUS
Sharpe ratio
The chart of Sharpe ratio for QUS, currently valued at 3.32, compared to the broader market-2.000.002.004.003.32
Sortino ratio
The chart of Sortino ratio for QUS, currently valued at 4.67, compared to the broader market0.005.0010.004.67
Omega ratio
The chart of Omega ratio for QUS, currently valued at 1.63, compared to the broader market1.001.502.002.503.001.63
Calmar ratio
The chart of Calmar ratio for QUS, currently valued at 5.89, compared to the broader market0.005.0010.0015.005.89
Martin ratio
The chart of Martin ratio for QUS, currently valued at 21.97, compared to the broader market0.0020.0040.0060.0080.00100.00120.0021.97

BERZ vs. QUS - Sharpe Ratio Comparison

The current BERZ Sharpe Ratio is -1.06, which is lower than the QUS Sharpe Ratio of 3.32. The chart below compares the historical Sharpe Ratios of BERZ and QUS, 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-1.000.001.002.003.004.00JuneJulyAugustSeptemberOctoberNovember
-1.06
3.32
BERZ
QUS

Dividends

BERZ vs. QUS - Dividend Comparison

BERZ has not paid dividends to shareholders, while QUS's dividend yield for the trailing twelve months is around 1.35%.


TTM202320222021202020192018201720162015
BERZ
MicroSectors Solactive FANG & Innovation -3X Inverse Leveraged ETN
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
QUS
SPDR MSCI USA StrategicFactors ETF
1.35%1.57%1.68%1.27%1.73%1.81%2.12%1.86%2.07%1.48%

Drawdowns

BERZ vs. QUS - Drawdown Comparison

The maximum BERZ drawdown since its inception was -97.18%, which is greater than QUS's maximum drawdown of -33.78%. Use the drawdown chart below to compare losses from any high point for BERZ and QUS. For additional features, visit the drawdowns tool.


-100.00%-80.00%-60.00%-40.00%-20.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-97.11%
-0.31%
BERZ
QUS

Volatility

BERZ vs. QUS - Volatility Comparison

MicroSectors Solactive FANG & Innovation -3X Inverse Leveraged ETN (BERZ) has a higher volatility of 22.61% compared to SPDR MSCI USA StrategicFactors ETF (QUS) at 3.31%. This indicates that BERZ's price experiences larger fluctuations and is considered to be riskier than QUS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%5.00%10.00%15.00%20.00%25.00%30.00%35.00%JuneJulyAugustSeptemberOctoberNovember
22.61%
3.31%
BERZ
QUS