BSMIX vs. QQQ
Compare and contrast key facts about iShares Russell Small/Mid-Cap Index Fund (BSMIX) and Invesco QQQ (QQQ).
BSMIX is managed by Blackrock. It was launched on Aug 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: BSMIX or QQQ.
Correlation
The correlation between BSMIX and QQQ is 0.72, 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
BSMIX vs. QQQ - Performance Comparison
Key characteristics
BSMIX:
-0.16
QQQ:
0.15
BSMIX:
-0.07
QQQ:
0.38
BSMIX:
0.99
QQQ:
1.05
BSMIX:
-0.13
QQQ:
0.16
BSMIX:
-0.48
QQQ:
0.60
BSMIX:
7.26%
QQQ:
6.16%
BSMIX:
22.15%
QQQ:
24.88%
BSMIX:
-41.32%
QQQ:
-82.98%
BSMIX:
-20.72%
QQQ:
-17.55%
Returns By Period
The year-to-date returns for both investments are quite close, with BSMIX having a -13.37% return and QQQ slightly higher at -12.99%.
BSMIX
-13.37%
-8.01%
-15.31%
-3.09%
9.18%
N/A
QQQ
-12.99%
-7.86%
-9.24%
3.66%
16.37%
16.34%
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BSMIX vs. QQQ - Expense Ratio Comparison
BSMIX has a 0.12% 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
BSMIX vs. QQQ — Risk-Adjusted Performance Rank
BSMIX
QQQ
BSMIX vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Russell Small/Mid-Cap Index Fund (BSMIX) 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
BSMIX vs. QQQ - Dividend Comparison
BSMIX's dividend yield for the trailing twelve months is around 1.30%, more than QQQ's 0.67% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BSMIX iShares Russell Small/Mid-Cap Index Fund | 1.30% | 1.31% | 1.37% | 1.74% | 1.10% | 1.21% | 1.53% | 1.54% | 1.32% | 1.31% | 0.61% | 0.00% |
QQQ Invesco QQQ | 0.67% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
BSMIX vs. QQQ - Drawdown Comparison
The maximum BSMIX drawdown since its inception was -41.32%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for BSMIX and QQQ. For additional features, visit the drawdowns tool.
Volatility
BSMIX vs. QQQ - Volatility Comparison
The current volatility for iShares Russell Small/Mid-Cap Index Fund (BSMIX) is 14.14%, while Invesco QQQ (QQQ) has a volatility of 16.28%. This indicates that BSMIX 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.