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 0.77, 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:
0.66
QQQ:
1.54
BRMKX:
0.94
QQQ:
2.06
BRMKX:
1.13
QQQ:
1.28
BRMKX:
0.78
QQQ:
2.03
BRMKX:
3.45
QQQ:
7.34
BRMKX:
2.74%
QQQ:
3.75%
BRMKX:
14.39%
QQQ:
17.90%
BRMKX:
-40.20%
QQQ:
-82.98%
BRMKX:
-12.08%
QQQ:
-4.03%
Returns By Period
In the year-to-date period, BRMKX achieves a 9.14% return, which is significantly lower than QQQ's 26.66% return.
BRMKX
9.14%
-8.48%
3.95%
11.42%
8.79%
N/A
QQQ
26.66%
3.29%
6.76%
26.84%
20.38%
18.30%
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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 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 1.11%, more than QQQ's 0.43% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BRMKX iShares Russell Mid-Cap Index Fund | 1.11% | 1.50% | 1.74% | 1.07% | 1.41% | 1.59% | 1.58% | 2.65% | 1.79% | 0.78% | 0.00% | 0.00% |
QQQ Invesco QQQ | 0.43% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.02% |
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
iShares Russell Mid-Cap Index Fund (BRMKX) has a higher volatility of 6.88% compared to Invesco QQQ (QQQ) at 5.21%. This indicates that BRMKX's price experiences larger fluctuations and is considered to be riskier than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.