CIO vs. QLD
Compare and contrast key facts about City Office REIT, Inc. (CIO) and ProShares Ultra QQQ (QLD).
QLD is a passively managed fund by ProShares that tracks the performance of the NASDAQ-100 Index (200%). It was launched on Jun 21, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CIO or QLD.
Key characteristics
| CIO | QLD | |
|---|---|---|
| YTD Return | -6.90% | 33.93% |
| 1Y Return | 35.43% | 63.47% |
| 3Y Return (Ann) | -28.47% | 4.42% |
| 5Y Return (Ann) | -11.18% | 30.59% |
| 10Y Return (Ann) | -1.51% | 28.91% |
| Sharpe Ratio | 0.64 | 1.88 |
| Sortino Ratio | 1.31 | 2.36 |
| Omega Ratio | 1.15 | 1.32 |
| Calmar Ratio | 0.43 | 2.01 |
| Martin Ratio | 1.77 | 8.08 |
| Ulcer Index | 19.09% | 8.01% |
| Daily Std Dev | 52.73% | 34.51% |
| Max Drawdown | -80.92% | -83.13% |
| Current Drawdown | -68.72% | -7.48% |
Correlation
The correlation between CIO and QLD is 0.25, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
CIO vs. QLD - Performance Comparison
In the year-to-date period, CIO achieves a -6.90% return, which is significantly lower than QLD's 33.93% return. Over the past 10 years, CIO has underperformed QLD with an annualized return of -1.51%, while QLD has yielded a comparatively higher 28.91% annualized 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
CIO vs. QLD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for City Office REIT, Inc. (CIO) and ProShares Ultra QQQ (QLD). 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
CIO vs. QLD - Dividend Comparison
CIO's dividend yield for the trailing twelve months is around 7.58%, more than QLD's 0.29% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CIO City Office REIT, Inc. | 7.58% | 9.82% | 9.55% | 3.04% | 7.01% | 6.95% | 9.17% | 7.23% | 7.14% | 5.79% | 5.10% | 0.00% |
QLD ProShares Ultra QQQ | 0.29% | 0.33% | 0.31% | 0.00% | 0.00% | 0.13% | 0.06% | 0.02% | 0.90% | 0.11% | 0.19% | 0.13% |
Drawdowns
CIO vs. QLD - Drawdown Comparison
The maximum CIO drawdown since its inception was -80.92%, roughly equal to the maximum QLD drawdown of -83.13%. Use the drawdown chart below to compare losses from any high point for CIO and QLD. For additional features, visit the drawdowns tool.
Volatility
CIO vs. QLD - Volatility Comparison
City Office REIT, Inc. (CIO) has a higher volatility of 10.46% compared to ProShares Ultra QQQ (QLD) at 9.01%. This indicates that CIO's price experiences larger fluctuations and is considered to be riskier than QLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.