BSTZ vs. QQQX
Compare and contrast key facts about BlackRock Science and Technology Trust II (BSTZ) and Nuveen Nasdaq 100 Dynamic Overwrite Fund (QQQX).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BSTZ or QQQX.
Key characteristics
| BSTZ | QQQX | |
|---|---|---|
| YTD Return | 38.97% | 19.61% |
| 1Y Return | 47.41% | 27.46% |
| 3Y Return (Ann) | -11.73% | 2.63% |
| 5Y Return (Ann) | 10.59% | 9.55% |
| Sharpe Ratio | 2.49 | 2.09 |
| Sortino Ratio | 3.26 | 2.82 |
| Omega Ratio | 1.41 | 1.37 |
| Calmar Ratio | 0.93 | 1.70 |
| Martin Ratio | 10.10 | 10.42 |
| Ulcer Index | 4.94% | 2.87% |
| Daily Std Dev | 20.00% | 14.21% |
| Max Drawdown | -59.31% | -57.25% |
| Current Drawdown | -31.56% | 0.00% |
Fundamentals
| BSTZ | QQQX |
|---|
Correlation
The correlation between BSTZ and QQQX is 0.70, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
BSTZ vs. QQQX - Performance Comparison
In the year-to-date period, BSTZ achieves a 38.97% return, which is significantly higher than QQQX's 19.61% 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. QQQX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Science and Technology Trust II (BSTZ) and Nuveen Nasdaq 100 Dynamic Overwrite Fund (QQQX). 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. QQQX - Dividend Comparison
BSTZ's dividend yield for the trailing twelve months is around 8.38%, more than QQQX's 6.39% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BSTZ BlackRock Science and Technology Trust II | 8.38% | 10.89% | 14.73% | 7.92% | 3.42% | 2.44% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQX Nuveen Nasdaq 100 Dynamic Overwrite Fund | 6.39% | 7.26% | 9.65% | 5.86% | 6.00% | 6.49% | 8.40% | 5.95% | 7.54% | 7.23% | 7.07% | 6.79% |
Drawdowns
BSTZ vs. QQQX - Drawdown Comparison
The maximum BSTZ drawdown since its inception was -59.31%, roughly equal to the maximum QQQX drawdown of -57.25%. Use the drawdown chart below to compare losses from any high point for BSTZ and QQQX. For additional features, visit the drawdowns tool.
Volatility
BSTZ vs. QQQX - Volatility Comparison
BlackRock Science and Technology Trust II (BSTZ) has a higher volatility of 4.35% compared to Nuveen Nasdaq 100 Dynamic Overwrite Fund (QQQX) at 3.64%. This indicates that BSTZ's price experiences larger fluctuations and is considered to be riskier than QQQX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
BSTZ vs. QQQX - Financials Comparison
This section allows you to compare key financial metrics between BlackRock Science and Technology Trust II and Nuveen Nasdaq 100 Dynamic Overwrite Fund. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities