ECAT vs. QQQ
Compare and contrast key facts about BlackRock ESG Capital Allocation Term Trust (ECAT) and Invesco QQQ (QQQ).
ECAT is managed by Blackrock. It was launched on Sep 28, 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: ECAT or QQQ.
Correlation
The correlation between ECAT and QQQ 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
ECAT vs. QQQ - Performance Comparison
Key characteristics
ECAT:
1.47
QQQ:
1.40
ECAT:
1.98
QQQ:
1.90
ECAT:
1.26
QQQ:
1.25
ECAT:
2.29
QQQ:
1.88
ECAT:
7.19
QQQ:
6.51
ECAT:
2.89%
QQQ:
3.92%
ECAT:
14.19%
QQQ:
18.23%
ECAT:
-32.23%
QQQ:
-82.98%
ECAT:
-0.37%
QQQ:
-0.42%
Returns By Period
In the year-to-date period, ECAT achieves a 6.08% return, which is significantly higher than QQQ's 5.09% return.
ECAT
6.08%
2.37%
6.27%
20.49%
N/A
N/A
QQQ
5.09%
2.37%
13.48%
26.98%
19.29%
18.32%
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ECAT vs. QQQ - Expense Ratio Comparison
ECAT has a 1.38% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
ECAT vs. QQQ — Risk-Adjusted Performance Rank
ECAT
QQQ
ECAT vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock ESG Capital Allocation Term Trust (ECAT) 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
ECAT vs. QQQ - Dividend Comparison
ECAT's dividend yield for the trailing twelve months is around 18.93%, more than QQQ's 0.53% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ECAT BlackRock ESG Capital Allocation Term Trust | 18.93% | 17.45% | 9.14% | 8.94% | 0.54% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQ Invesco QQQ | 0.53% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
ECAT vs. QQQ - Drawdown Comparison
The maximum ECAT drawdown since its inception was -32.23%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for ECAT and QQQ. For additional features, visit the drawdowns tool.
Volatility
ECAT vs. QQQ - Volatility Comparison
The current volatility for BlackRock ESG Capital Allocation Term Trust (ECAT) is 3.08%, while Invesco QQQ (QQQ) has a volatility of 4.70%. This indicates that ECAT 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.