DIR-UN.TO vs. ZQQ.TO
Compare and contrast key facts about Dream Industrial Real Estate Investment Trust (DIR-UN.TO) and BMO NASDAQ 100 Equity (CAD Hedged) (ZQQ.TO).
ZQQ.TO is a passively managed fund by BMO that tracks the performance of the NASDAQ-100 Index. It was launched on Jan 19, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DIR-UN.TO or ZQQ.TO.
Correlation
The correlation between DIR-UN.TO and ZQQ.TO is 0.43, 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
DIR-UN.TO vs. ZQQ.TO - Performance Comparison
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Key characteristics
DIR-UN.TO:
-0.53
ZQQ.TO:
0.47
DIR-UN.TO:
-0.68
ZQQ.TO:
0.82
DIR-UN.TO:
0.92
ZQQ.TO:
1.11
DIR-UN.TO:
-0.40
ZQQ.TO:
0.51
DIR-UN.TO:
-0.91
ZQQ.TO:
1.65
DIR-UN.TO:
14.41%
ZQQ.TO:
7.08%
DIR-UN.TO:
23.11%
ZQQ.TO:
25.31%
DIR-UN.TO:
-51.02%
ZQQ.TO:
-36.38%
DIR-UN.TO:
-26.49%
ZQQ.TO:
-5.09%
Returns By Period
In the year-to-date period, DIR-UN.TO achieves a -8.33% return, which is significantly lower than ZQQ.TO's -0.09% return. Over the past 10 years, DIR-UN.TO has underperformed ZQQ.TO with an annualized return of 8.92%, while ZQQ.TO has yielded a comparatively higher 16.07% annualized return.
DIR-UN.TO
-8.33%
4.31%
-13.77%
-12.30%
-3.28%
7.14%
8.92%
ZQQ.TO
-0.09%
15.14%
1.11%
11.77%
20.16%
16.54%
16.07%
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Risk-Adjusted Performance
DIR-UN.TO vs. ZQQ.TO — Risk-Adjusted Performance Rank
DIR-UN.TO
ZQQ.TO
DIR-UN.TO vs. ZQQ.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Dream Industrial Real Estate Investment Trust (DIR-UN.TO) and BMO NASDAQ 100 Equity (CAD Hedged) (ZQQ.TO). 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.
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Dividends
DIR-UN.TO vs. ZQQ.TO - Dividend Comparison
DIR-UN.TO's dividend yield for the trailing twelve months is around 6.79%, more than ZQQ.TO's 0.37% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DIR-UN.TO Dream Industrial Real Estate Investment Trust | 6.79% | 6.10% | 5.07% | 5.99% | 4.06% | 5.32% | 5.33% | 7.35% | 7.95% | 8.21% | 9.75% | 8.31% |
ZQQ.TO BMO NASDAQ 100 Equity (CAD Hedged) | 0.37% | 0.37% | 0.32% | 0.45% | 0.14% | 0.41% | 0.51% | 0.64% | 0.57% | 1.60% | 0.81% | 1.42% |
Drawdowns
DIR-UN.TO vs. ZQQ.TO - Drawdown Comparison
The maximum DIR-UN.TO drawdown since its inception was -51.02%, which is greater than ZQQ.TO's maximum drawdown of -36.38%. Use the drawdown chart below to compare losses from any high point for DIR-UN.TO and ZQQ.TO. For additional features, visit the drawdowns tool.
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Volatility
DIR-UN.TO vs. ZQQ.TO - Volatility Comparison
Dream Industrial Real Estate Investment Trust (DIR-UN.TO) has a higher volatility of 6.62% compared to BMO NASDAQ 100 Equity (CAD Hedged) (ZQQ.TO) at 5.63%. This indicates that DIR-UN.TO's price experiences larger fluctuations and is considered to be riskier than ZQQ.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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