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.
Key characteristics
| BSTZ | QQQ | |
|---|---|---|
| YTD Return | 37.93% | 25.63% |
| 1Y Return | 41.47% | 33.85% |
| 3Y Return (Ann) | -11.92% | 9.83% |
| 5Y Return (Ann) | 10.46% | 21.21% |
| Sharpe Ratio | 2.25 | 2.12 |
| Sortino Ratio | 2.99 | 2.79 |
| Omega Ratio | 1.38 | 1.38 |
| Calmar Ratio | 0.87 | 2.71 |
| Martin Ratio | 9.12 | 9.88 |
| Ulcer Index | 4.94% | 3.72% |
| Daily Std Dev | 19.99% | 17.31% |
| Max Drawdown | -59.31% | -82.98% |
| Current Drawdown | -32.07% | -0.37% |
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.
Performance
BSTZ vs. QQQ - Performance Comparison
In the year-to-date period, BSTZ achieves a 37.93% return, which is significantly higher than QQQ's 25.63% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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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 7.96%, more than QQQ's 0.59% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BSTZ BlackRock Science and Technology Trust II | 7.96% | 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 | 0.59% | 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 4.52%, while Invesco QQQ (QQQ) has a volatility of 4.91%. 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.