CRPT vs. QQQ
Compare and contrast key facts about First Trust SkyBridge Crypto Industry & Digital Economy ETF (CRPT) and Invesco QQQ (QQQ).
CRPT and QQQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CRPT is an actively managed fund by First Trust. It was launched on Sep 20, 2021. 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: CRPT or QQQ.
Key characteristics
| CRPT | QQQ | |
|---|---|---|
| YTD Return | 100.31% | 21.78% |
| 1Y Return | 225.11% | 29.54% |
| 3Y Return (Ann) | -7.53% | 8.44% |
| Sharpe Ratio | 2.43 | 1.70 |
| Sortino Ratio | 2.95 | 2.29 |
| Omega Ratio | 1.33 | 1.31 |
| Calmar Ratio | 2.69 | 2.19 |
| Martin Ratio | 10.90 | 7.96 |
| Ulcer Index | 19.12% | 3.72% |
| Daily Std Dev | 85.70% | 17.39% |
| Max Drawdown | -88.34% | -82.98% |
| Current Drawdown | -26.69% | -3.42% |
Correlation
The correlation between CRPT and QQQ is 0.61, 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
CRPT vs. QQQ - Performance Comparison
In the year-to-date period, CRPT achieves a 100.31% return, which is significantly higher than QQQ's 21.78% 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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CRPT vs. QQQ - Expense Ratio Comparison
CRPT has a 0.85% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
CRPT vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust SkyBridge Crypto Industry & Digital Economy ETF (CRPT) 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
CRPT vs. QQQ - Dividend Comparison
CRPT has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.61%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CRPT First Trust SkyBridge Crypto Industry & Digital Economy ETF | 0.00% | 0.00% | 0.03% | 1.16% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQ Invesco QQQ | 0.61% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.02% |
Drawdowns
CRPT vs. QQQ - Drawdown Comparison
The maximum CRPT drawdown since its inception was -88.34%, which is greater than QQQ's maximum drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for CRPT and QQQ. For additional features, visit the drawdowns tool.
Volatility
CRPT vs. QQQ - Volatility Comparison
First Trust SkyBridge Crypto Industry & Digital Economy ETF (CRPT) has a higher volatility of 32.06% compared to Invesco QQQ (QQQ) at 5.62%. This indicates that CRPT's price experiences larger fluctuations and is considered to be riskier than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.