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CPER vs. QQQ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between CPER and QQQ is 0.27, 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.


-0.50.00.51.00.3

Performance

CPER vs. QQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in United States Copper Index Fund (CPER) and Invesco QQQ (QQQ). The values are adjusted to include any dividend payments, if applicable.

0.00%200.00%400.00%600.00%800.00%1,000.00%JulyAugustSeptemberOctoberNovemberDecember
1.79%
901.04%
CPER
QQQ

Key characteristics

Sharpe Ratio

CPER:

0.33

QQQ:

1.54

Sortino Ratio

CPER:

0.61

QQQ:

2.06

Omega Ratio

CPER:

1.07

QQQ:

1.28

Calmar Ratio

CPER:

0.32

QQQ:

2.03

Martin Ratio

CPER:

0.67

QQQ:

7.34

Ulcer Index

CPER:

11.16%

QQQ:

3.75%

Daily Std Dev

CPER:

22.44%

QQQ:

17.90%

Max Drawdown

CPER:

-54.04%

QQQ:

-82.98%

Current Drawdown

CPER:

-18.32%

QQQ:

-4.03%

Returns By Period

In the year-to-date period, CPER achieves a 6.17% return, which is significantly lower than QQQ's 26.66% return. Over the past 10 years, CPER has underperformed QQQ with an annualized return of 2.92%, while QQQ has yielded a comparatively higher 18.30% annualized return.


CPER

YTD

6.17%

1M

-1.39%

6M

-7.41%

1Y

6.00%

5Y*

7.89%

10Y*

2.92%

QQQ

YTD

26.66%

1M

3.29%

6M

6.76%

1Y

26.84%

5Y*

20.38%

10Y*

18.30%

Compare stocks, funds, or ETFs

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CPER vs. QQQ - Expense Ratio Comparison

CPER has a 0.80% expense ratio, which is higher than QQQ's 0.20% expense ratio.


CPER
United States Copper Index Fund
Expense ratio chart for CPER: current value at 0.80% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.80%
Expense ratio chart for QQQ: current value at 0.20% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.20%

Risk-Adjusted Performance

CPER vs. QQQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for United States Copper Index Fund (CPER) 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.


Sharpe ratio
The chart of Sharpe ratio for CPER, currently valued at 0.33, compared to the broader market0.002.004.000.331.54
The chart of Sortino ratio for CPER, currently valued at 0.61, compared to the broader market-2.000.002.004.006.008.0010.000.612.06
The chart of Omega ratio for CPER, currently valued at 1.07, compared to the broader market0.501.001.502.002.503.001.071.28
The chart of Calmar ratio for CPER, currently valued at 0.32, compared to the broader market0.005.0010.0015.000.322.03
The chart of Martin ratio for CPER, currently valued at 0.67, compared to the broader market0.0020.0040.0060.0080.00100.000.677.34
CPER
QQQ

The current CPER Sharpe Ratio is 0.33, which is lower than the QQQ Sharpe Ratio of 1.54. The chart below compares the historical Sharpe Ratios of CPER and QQQ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.000.501.001.502.002.50JulyAugustSeptemberOctoberNovemberDecember
0.33
1.54
CPER
QQQ

Dividends

CPER vs. QQQ - Dividend Comparison

CPER has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.43%.


TTM20232022202120202019201820172016201520142013
CPER
United States Copper Index Fund
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
QQQ
Invesco QQQ
0.43%0.62%0.80%0.43%0.55%0.74%0.91%0.84%1.06%0.99%1.41%1.02%

Drawdowns

CPER vs. QQQ - Drawdown Comparison

The maximum CPER drawdown since its inception was -54.04%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for CPER and QQQ. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-18.32%
-4.03%
CPER
QQQ

Volatility

CPER vs. QQQ - Volatility Comparison

The current volatility for United States Copper Index Fund (CPER) is 3.53%, while Invesco QQQ (QQQ) has a volatility of 5.23%. This indicates that CPER 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.


3.00%4.00%5.00%6.00%7.00%8.00%9.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
3.53%
5.23%
CPER
QQQ
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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