BMCAX vs. QQQM
Compare and contrast key facts about BlackRock Advantage Large Cap Growth Fund (BMCAX) and Invesco NASDAQ 100 ETF (QQQM).
BMCAX is managed by Blackrock. It was launched on Aug 26, 1986. 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: BMCAX or QQQM.
Key characteristics
| BMCAX | QQQM | |
|---|---|---|
| YTD Return | 7.71% | 5.43% |
| 1Y Return | 32.85% | 35.60% |
| 3Y Return (Ann) | 6.80% | 9.03% |
| Sharpe Ratio | 2.35 | 2.40 |
| Daily Std Dev | 15.19% | 16.36% |
| Max Drawdown | -58.56% | -35.05% |
| Current Drawdown | -3.49% | -3.40% |
Correlation
The correlation between BMCAX and QQQM is 0.98, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
BMCAX vs. QQQM - Performance Comparison
In the year-to-date period, BMCAX achieves a 7.71% return, which is significantly higher than QQQM's 5.43% 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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BMCAX vs. QQQM - Expense Ratio Comparison
BMCAX has a 0.87% expense ratio, which is higher than QQQM's 0.15% expense ratio.
Risk-Adjusted Performance
BMCAX vs. QQQM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Advantage Large Cap Growth Fund (BMCAX) 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
BMCAX vs. QQQM - Dividend Comparison
BMCAX's dividend yield for the trailing twelve months is around 0.73%, more than QQQM's 0.67% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BMCAX BlackRock Advantage Large Cap Growth Fund | 0.73% | 0.79% | 0.19% | 14.39% | 5.68% | 4.12% | 9.77% | 6.44% | 0.56% | 7.42% | 19.24% | 1.20% |
QQQM Invesco NASDAQ 100 ETF | 0.67% | 0.65% | 0.83% | 0.40% | 0.16% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
BMCAX vs. QQQM - Drawdown Comparison
The maximum BMCAX drawdown since its inception was -58.56%, which is greater than QQQM's maximum drawdown of -35.05%. Use the drawdown chart below to compare losses from any high point for BMCAX and QQQM. For additional features, visit the drawdowns tool.
Volatility
BMCAX vs. QQQM - Volatility Comparison
BlackRock Advantage Large Cap Growth Fund (BMCAX) has a higher volatility of 5.45% compared to Invesco NASDAQ 100 ETF (QQQM) at 5.14%. This indicates that BMCAX's price experiences larger fluctuations and is considered to be riskier than QQQM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.