BLNDX vs. TQQQ
Compare and contrast key facts about Standpoint Multi-Asset Fund Institutional (BLNDX) and ProShares UltraPro QQQ (TQQQ).
BLNDX is managed by Ultimus Fund. It was launched on Dec 30, 2019. TQQQ is a passively managed fund by ProShares that tracks the performance of the NASDAQ-100 Index (300%). It was launched on Feb 9, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BLNDX or TQQQ.
Performance
BLNDX vs. TQQQ - Performance Comparison
Returns By Period
In the year-to-date period, BLNDX achieves a 13.39% return, which is significantly lower than TQQQ's 53.90% return.
BLNDX
13.39%
-0.26%
-0.59%
14.20%
N/A
N/A
TQQQ
53.90%
2.86%
20.48%
78.56%
34.01%
34.56%
Key characteristics
| BLNDX | TQQQ | |
|---|---|---|
| Sharpe Ratio | 1.20 | 1.45 |
| Sortino Ratio | 1.68 | 1.93 |
| Omega Ratio | 1.22 | 1.26 |
| Calmar Ratio | 1.46 | 1.47 |
| Martin Ratio | 4.80 | 6.04 |
| Ulcer Index | 2.99% | 12.47% |
| Daily Std Dev | 11.96% | 51.83% |
| Max Drawdown | -9.84% | -81.66% |
| Current Drawdown | -5.01% | -9.94% |
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BLNDX vs. TQQQ - Expense Ratio Comparison
BLNDX has a 1.27% expense ratio, which is higher than TQQQ's 0.95% expense ratio.
Correlation
The correlation between BLNDX and TQQQ is 0.60, 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.
Risk-Adjusted Performance
BLNDX vs. TQQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Standpoint Multi-Asset Fund Institutional (BLNDX) and ProShares UltraPro QQQ (TQQQ). 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
BLNDX vs. TQQQ - Dividend Comparison
BLNDX's dividend yield for the trailing twelve months is around 0.77%, less than TQQQ's 1.23% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
BLNDX Standpoint Multi-Asset Fund Institutional | 0.77% | 0.88% | 0.53% | 4.70% | 1.21% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TQQQ ProShares UltraPro QQQ | 1.23% | 1.26% | 0.57% | 0.00% | 0.00% | 0.06% | 0.11% | 0.00% | 0.00% | 0.01% | 0.03% |
Drawdowns
BLNDX vs. TQQQ - Drawdown Comparison
The maximum BLNDX drawdown since its inception was -9.84%, smaller than the maximum TQQQ drawdown of -81.66%. Use the drawdown chart below to compare losses from any high point for BLNDX and TQQQ. For additional features, visit the drawdowns tool.
Volatility
BLNDX vs. TQQQ - Volatility Comparison
The current volatility for Standpoint Multi-Asset Fund Institutional (BLNDX) is 3.17%, while ProShares UltraPro QQQ (TQQQ) has a volatility of 16.25%. This indicates that BLNDX experiences smaller price fluctuations and is considered to be less risky than TQQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.