BGFD.L vs. QQQM
Compare and contrast key facts about Baillie Gifford Japan Trust (BGFD.L) and Invesco NASDAQ 100 ETF (QQQM).
QQQM is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Oct 13, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BGFD.L or QQQM.
Key characteristics
| BGFD.L | QQQM | |
|---|---|---|
| YTD Return | 2.26% | 26.13% |
| 1Y Return | 6.82% | 36.89% |
| 3Y Return (Ann) | -9.98% | 10.06% |
| Sharpe Ratio | 0.49 | 2.29 |
| Sortino Ratio | 0.74 | 3.00 |
| Omega Ratio | 1.11 | 1.41 |
| Calmar Ratio | 0.22 | 2.94 |
| Martin Ratio | 1.95 | 10.75 |
| Ulcer Index | 4.39% | 3.71% |
| Daily Std Dev | 17.53% | 17.31% |
| Max Drawdown | -71.43% | -35.05% |
| Current Drawdown | -33.95% | -0.06% |
Correlation
The correlation between BGFD.L and QQQM is 0.38, 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.
Performance
BGFD.L vs. QQQM - Performance Comparison
In the year-to-date period, BGFD.L achieves a 2.26% return, which is significantly lower than QQQM's 26.13% 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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Risk-Adjusted Performance
BGFD.L vs. QQQM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Baillie Gifford Japan Trust (BGFD.L) and Invesco NASDAQ 100 ETF (QQQM). 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
BGFD.L vs. QQQM - Dividend Comparison
BGFD.L's dividend yield for the trailing twelve months is around 1.38%, more than QQQM's 0.64% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
BGFD.L Baillie Gifford Japan Trust | 1.38% | 1.41% | 1.18% | 0.61% | 0.41% | 0.43% | 0.09% |
QQQM Invesco NASDAQ 100 ETF | 0.64% | 0.65% | 0.83% | 0.40% | 0.16% | 0.00% | 0.00% |
Drawdowns
BGFD.L vs. QQQM - Drawdown Comparison
The maximum BGFD.L drawdown since its inception was -71.43%, which is greater than QQQM's maximum drawdown of -35.05%. Use the drawdown chart below to compare losses from any high point for BGFD.L and QQQM. For additional features, visit the drawdowns tool.
Volatility
BGFD.L vs. QQQM - Volatility Comparison
Baillie Gifford Japan Trust (BGFD.L) and Invesco NASDAQ 100 ETF (QQQM) have volatilities of 5.14% and 5.16%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.