BNGE vs. QQQM
Compare and contrast key facts about First Trust S-Network Streaming and Gaming ETF (BNGE) and Invesco NASDAQ 100 ETF (QQQM).
BNGE and QQQM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BNGE is a passively managed fund by First Trust that tracks the performance of the S-Network Streaming & Gaming Index. It was launched on Jan 25, 2022. QQQM is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Oct 13, 2020. Both BNGE and QQQM are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BNGE or QQQM.
Correlation
The correlation between BNGE and QQQM is 0.83, 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
BNGE vs. QQQM - Performance Comparison
Key characteristics
BNGE:
1.23
QQQM:
1.65
BNGE:
1.69
QQQM:
2.20
BNGE:
1.22
QQQM:
1.30
BNGE:
1.65
QQQM:
2.17
BNGE:
5.91
QQQM:
7.84
BNGE:
3.69%
QQQM:
3.76%
BNGE:
17.79%
QQQM:
17.81%
BNGE:
-40.54%
QQQM:
-35.05%
BNGE:
-4.42%
QQQM:
-3.60%
Returns By Period
In the year-to-date period, BNGE achieves a 20.22% return, which is significantly lower than QQQM's 27.34% return.
BNGE
20.22%
0.96%
13.41%
19.89%
N/A
N/A
QQQM
27.34%
3.10%
8.44%
27.94%
N/A
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
BNGE vs. QQQM - Expense Ratio Comparison
BNGE has a 0.70% expense ratio, which is higher than QQQM's 0.15% expense ratio.
Risk-Adjusted Performance
BNGE vs. QQQM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust S-Network Streaming and Gaming ETF (BNGE) 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
BNGE vs. QQQM - Dividend Comparison
BNGE's dividend yield for the trailing twelve months is around 0.54%, more than QQQM's 0.45% yield.
TTM | 2023 | 2022 | 2021 | 2020 | |
---|---|---|---|---|---|
First Trust S-Network Streaming and Gaming ETF | 0.01% | 0.81% | 0.60% | 0.00% | 0.00% |
Invesco NASDAQ 100 ETF | 0.45% | 0.65% | 0.83% | 0.40% | 0.16% |
Drawdowns
BNGE vs. QQQM - Drawdown Comparison
The maximum BNGE drawdown since its inception was -40.54%, which is greater than QQQM's maximum drawdown of -35.05%. Use the drawdown chart below to compare losses from any high point for BNGE and QQQM. For additional features, visit the drawdowns tool.
Volatility
BNGE vs. QQQM - Volatility Comparison
First Trust S-Network Streaming and Gaming ETF (BNGE) and Invesco NASDAQ 100 ETF (QQQM) have volatilities of 5.23% and 5.28%, 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.