DTEC vs. QTUM
Compare and contrast key facts about ALPS Disruptive Technologies ETF (DTEC) and Defiance Quantum ETF (QTUM).
DTEC and QTUM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DTEC is a passively managed fund by SS&C that tracks the performance of the Indxx Disruptive Technologies Index. It was launched on Dec 29, 2017. QTUM is a passively managed fund by Defiance ETFs that tracks the performance of the BlueStar Machine Learning and Quantum Computing Index. It was launched on Sep 5, 2018. Both DTEC and QTUM are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DTEC or QTUM.
Key characteristics
| DTEC | QTUM | |
|---|---|---|
| YTD Return | 8.56% | 18.38% |
| 1Y Return | 29.00% | 36.52% |
| 3Y Return (Ann) | -4.69% | 5.40% |
| 5Y Return (Ann) | 8.21% | 19.11% |
| Sharpe Ratio | 1.80 | 1.71 |
| Sortino Ratio | 2.44 | 2.31 |
| Omega Ratio | 1.31 | 1.29 |
| Calmar Ratio | 0.90 | 2.15 |
| Martin Ratio | 9.36 | 6.61 |
| Ulcer Index | 3.22% | 5.58% |
| Daily Std Dev | 16.70% | 21.59% |
| Max Drawdown | -42.00% | -38.45% |
| Current Drawdown | -14.07% | -4.20% |
Correlation
The correlation between DTEC and QTUM is 0.86, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
DTEC vs. QTUM - Performance Comparison
In the year-to-date period, DTEC achieves a 8.56% return, which is significantly lower than QTUM's 18.38% 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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DTEC vs. QTUM - Expense Ratio Comparison
DTEC has a 0.50% expense ratio, which is higher than QTUM's 0.40% expense ratio.
Risk-Adjusted Performance
DTEC vs. QTUM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ALPS Disruptive Technologies ETF (DTEC) and Defiance Quantum ETF (QTUM). 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
DTEC vs. QTUM - Dividend Comparison
DTEC's dividend yield for the trailing twelve months is around 0.25%, less than QTUM's 0.79% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
DTEC ALPS Disruptive Technologies ETF | 0.25% | 0.27% | 0.02% | 0.26% | 0.37% | 0.43% | 0.33% |
QTUM Defiance Quantum ETF | 0.79% | 0.81% | 1.46% | 0.48% | 0.45% | 0.61% | 0.21% |
Drawdowns
DTEC vs. QTUM - Drawdown Comparison
The maximum DTEC drawdown since its inception was -42.00%, which is greater than QTUM's maximum drawdown of -38.45%. Use the drawdown chart below to compare losses from any high point for DTEC and QTUM. For additional features, visit the drawdowns tool.
Volatility
DTEC vs. QTUM - Volatility Comparison
The current volatility for ALPS Disruptive Technologies ETF (DTEC) is 3.80%, while Defiance Quantum ETF (QTUM) has a volatility of 5.76%. This indicates that DTEC experiences smaller price fluctuations and is considered to be less risky than QTUM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.