BSTZ vs. QQQ
Compare and contrast key facts about BlackRock Science and Technology Trust II (BSTZ) and Invesco QQQ (QQQ).
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: BSTZ or QQQ.
Performance
BSTZ vs. QQQ - Performance Comparison
Returns By Period
In the year-to-date period, BSTZ achieves a 37.70% return, which is significantly higher than QQQ's 23.84% return.
BSTZ
37.70%
6.84%
18.69%
37.54%
10.50%
N/A
QQQ
23.84%
1.82%
11.65%
30.35%
20.97%
18.03%
Key characteristics
| BSTZ | QQQ | |
|---|---|---|
| Sharpe Ratio | 1.90 | 1.78 |
| Sortino Ratio | 2.58 | 2.37 |
| Omega Ratio | 1.32 | 1.32 |
| Calmar Ratio | 0.73 | 2.28 |
| Martin Ratio | 7.62 | 8.27 |
| Ulcer Index | 4.95% | 3.73% |
| Daily Std Dev | 19.83% | 17.37% |
| Max Drawdown | -59.31% | -82.98% |
| Current Drawdown | -32.19% | -1.78% |
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Correlation
The correlation between BSTZ and QQQ is 0.73, 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.
Risk-Adjusted Performance
BSTZ vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Science and Technology Trust II (BSTZ) 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
BSTZ vs. QQQ - Dividend Comparison
BSTZ's dividend yield for the trailing twelve months is around 9.08%, more than QQQ's 0.60% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BSTZ BlackRock Science and Technology Trust II | 9.08% | 10.89% | 14.73% | 7.92% | 3.42% | 2.44% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQ Invesco QQQ | 0.60% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.02% |
Drawdowns
BSTZ vs. QQQ - Drawdown Comparison
The maximum BSTZ drawdown since its inception was -59.31%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for BSTZ and QQQ. For additional features, visit the drawdowns tool.
Volatility
BSTZ vs. QQQ - Volatility Comparison
The current volatility for BlackRock Science and Technology Trust II (BSTZ) is 4.73%, while Invesco QQQ (QQQ) has a volatility of 5.41%. This indicates that BSTZ 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.