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EBIZ vs. USNQX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between EBIZ and USNQX is 0.71, 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

EBIZ vs. USNQX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X E-commerce ETF (EBIZ) and USAA Nasdaq 100 Index Fund (USNQX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

EBIZ:

0.69

USNQX:

0.37

Sortino Ratio

EBIZ:

1.08

USNQX:

0.70

Omega Ratio

EBIZ:

1.13

USNQX:

1.10

Calmar Ratio

EBIZ:

0.43

USNQX:

0.41

Martin Ratio

EBIZ:

2.25

USNQX:

1.35

Ulcer Index

EBIZ:

7.72%

USNQX:

7.00%

Daily Std Dev

EBIZ:

25.92%

USNQX:

25.21%

Max Drawdown

EBIZ:

-61.58%

USNQX:

-74.36%

Current Drawdown

EBIZ:

-22.99%

USNQX:

-9.48%

Returns By Period

In the year-to-date period, EBIZ achieves a 3.46% return, which is significantly higher than USNQX's -4.45% return.


EBIZ

YTD

3.46%

1M

13.08%

6M

5.31%

1Y

18.71%

5Y*

7.03%

10Y*

N/A

USNQX

YTD

-4.45%

1M

9.34%

6M

-6.47%

1Y

8.99%

5Y*

14.17%

10Y*

15.02%

*Annualized

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EBIZ vs. USNQX - Expense Ratio Comparison

EBIZ has a 0.50% expense ratio, which is higher than USNQX's 0.42% expense ratio.


Risk-Adjusted Performance

EBIZ vs. USNQX — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

EBIZ
The Risk-Adjusted Performance Rank of EBIZ is 6666
Overall Rank
The Sharpe Ratio Rank of EBIZ is 7272
Sharpe Ratio Rank
The Sortino Ratio Rank of EBIZ is 7171
Sortino Ratio Rank
The Omega Ratio Rank of EBIZ is 6565
Omega Ratio Rank
The Calmar Ratio Rank of EBIZ is 5757
Calmar Ratio Rank
The Martin Ratio Rank of EBIZ is 6666
Martin Ratio Rank

USNQX
The Risk-Adjusted Performance Rank of USNQX is 5252
Overall Rank
The Sharpe Ratio Rank of USNQX is 4949
Sharpe Ratio Rank
The Sortino Ratio Rank of USNQX is 5151
Sortino Ratio Rank
The Omega Ratio Rank of USNQX is 5151
Omega Ratio Rank
The Calmar Ratio Rank of USNQX is 5858
Calmar Ratio Rank
The Martin Ratio Rank of USNQX is 4949
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

EBIZ vs. USNQX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X E-commerce ETF (EBIZ) and USAA Nasdaq 100 Index Fund (USNQX). 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.


The current EBIZ Sharpe Ratio is 0.69, which is higher than the USNQX Sharpe Ratio of 0.37. The chart below compares the historical Sharpe Ratios of EBIZ and USNQX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

EBIZ vs. USNQX - Dividend Comparison

EBIZ's dividend yield for the trailing twelve months is around 0.23%, less than USNQX's 0.42% yield.


TTM20242023202220212020201920182017201620152014
EBIZ
Global X E-commerce ETF
0.23%0.23%0.00%0.10%0.57%0.84%0.18%0.00%0.00%0.00%0.00%0.00%
USNQX
USAA Nasdaq 100 Index Fund
0.42%0.40%0.58%0.28%0.24%0.37%0.55%0.65%0.46%0.50%0.62%0.21%

Drawdowns

EBIZ vs. USNQX - Drawdown Comparison

The maximum EBIZ drawdown since its inception was -61.58%, smaller than the maximum USNQX drawdown of -74.36%. Use the drawdown chart below to compare losses from any high point for EBIZ and USNQX. For additional features, visit the drawdowns tool.


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Volatility

EBIZ vs. USNQX - Volatility Comparison

Global X E-commerce ETF (EBIZ) and USAA Nasdaq 100 Index Fund (USNQX) have volatilities of 8.04% and 8.19%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


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