BRMKX vs. QQQ
Compare and contrast key facts about iShares Russell Mid-Cap Index Fund (BRMKX) and Invesco QQQ (QQQ).
BRMKX is managed by Blackrock. It was launched on May 13, 2015. 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: BRMKX or QQQ.
Correlation
The correlation between BRMKX and QQQ is 0.76, 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
BRMKX vs. QQQ - Performance Comparison
Key characteristics
BRMKX:
1.30
QQQ:
1.53
BRMKX:
1.75
QQQ:
2.07
BRMKX:
1.24
QQQ:
1.27
BRMKX:
1.49
QQQ:
2.05
BRMKX:
4.82
QQQ:
7.16
BRMKX:
3.85%
QQQ:
3.89%
BRMKX:
14.30%
QQQ:
18.14%
BRMKX:
-40.20%
QQQ:
-82.98%
BRMKX:
-6.78%
QQQ:
-2.33%
Returns By Period
In the year-to-date period, BRMKX achieves a 5.05% return, which is significantly higher than QQQ's 2.65% return.
BRMKX
5.05%
4.07%
6.33%
16.48%
7.79%
N/A
QQQ
2.65%
1.35%
9.52%
25.18%
19.35%
18.53%
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BRMKX vs. QQQ - Expense Ratio Comparison
BRMKX has a 0.06% expense ratio, which is lower than QQQ's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
BRMKX vs. QQQ — Risk-Adjusted Performance Rank
BRMKX
QQQ
BRMKX vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Russell Mid-Cap Index Fund (BRMKX) 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
BRMKX vs. QQQ - Dividend Comparison
BRMKX's dividend yield for the trailing twelve months is around 1.46%, more than QQQ's 0.54% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BRMKX iShares Russell Mid-Cap Index Fund | 1.46% | 1.53% | 1.50% | 1.74% | 1.07% | 1.41% | 1.59% | 1.58% | 2.65% | 1.79% | 0.78% | 0.00% |
QQQ Invesco QQQ | 0.54% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
BRMKX vs. QQQ - Drawdown Comparison
The maximum BRMKX drawdown since its inception was -40.20%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for BRMKX and QQQ. For additional features, visit the drawdowns tool.
Volatility
BRMKX vs. QQQ - Volatility Comparison
The current volatility for iShares Russell Mid-Cap Index Fund (BRMKX) is 5.43%, while Invesco QQQ (QQQ) has a volatility of 6.48%. This indicates that BRMKX experiences smaller price fluctuations and is considered to be less risky than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.