BFGFX vs. QQQ
Compare and contrast key facts about Baron Focused Growth Fund (BFGFX) and Invesco QQQ (QQQ).
BFGFX is managed by Baron Capital Group, Inc.. It was launched on Jun 30, 2008. 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: BFGFX or QQQ.
Correlation
The correlation between BFGFX and QQQ is 0.55, 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
BFGFX vs. QQQ - Performance Comparison
Key characteristics
BFGFX:
2.02
QQQ:
1.64
BFGFX:
2.93
QQQ:
2.19
BFGFX:
1.38
QQQ:
1.30
BFGFX:
0.90
QQQ:
2.16
BFGFX:
13.24
QQQ:
7.79
BFGFX:
2.47%
QQQ:
3.76%
BFGFX:
16.22%
QQQ:
17.85%
BFGFX:
-56.92%
QQQ:
-82.98%
BFGFX:
-12.80%
QQQ:
-3.63%
Returns By Period
In the year-to-date period, BFGFX achieves a 30.70% return, which is significantly higher than QQQ's 27.20% return. Over the past 10 years, BFGFX has underperformed QQQ with an annualized return of 12.86%, while QQQ has yielded a comparatively higher 18.36% annualized return.
BFGFX
30.70%
7.13%
31.82%
30.59%
18.93%
12.86%
QQQ
27.20%
3.08%
8.34%
27.81%
20.44%
18.36%
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BFGFX vs. QQQ - Expense Ratio Comparison
BFGFX has a 1.32% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
BFGFX vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Baron Focused Growth Fund (BFGFX) 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
BFGFX vs. QQQ - Dividend Comparison
BFGFX has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.43%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BFGFX Baron Focused Growth Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.16% | 0.00% | 1.22% |
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
BFGFX vs. QQQ - Drawdown Comparison
The maximum BFGFX drawdown since its inception was -56.92%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for BFGFX and QQQ. For additional features, visit the drawdowns tool.
Volatility
BFGFX vs. QQQ - Volatility Comparison
Baron Focused Growth Fund (BFGFX) has a higher volatility of 7.83% compared to Invesco QQQ (QQQ) at 5.29%. This indicates that BFGFX'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.