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EDEN vs. QQQ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between EDEN and QQQ is 0.54, 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.


-0.50.00.51.00.5

Performance

EDEN vs. QQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI Denmark ETF (EDEN) and Invesco QQQ (QQQ). The values are adjusted to include any dividend payments, if applicable.

400.00%500.00%600.00%700.00%800.00%900.00%JulyAugustSeptemberOctoberNovemberDecember
399.27%
863.48%
EDEN
QQQ

Key characteristics

Sharpe Ratio

EDEN:

0.21

QQQ:

1.54

Sortino Ratio

EDEN:

0.40

QQQ:

2.06

Omega Ratio

EDEN:

1.05

QQQ:

1.28

Calmar Ratio

EDEN:

0.20

QQQ:

2.03

Martin Ratio

EDEN:

0.57

QQQ:

7.34

Ulcer Index

EDEN:

5.76%

QQQ:

3.75%

Daily Std Dev

EDEN:

15.95%

QQQ:

17.90%

Max Drawdown

EDEN:

-36.61%

QQQ:

-82.98%

Current Drawdown

EDEN:

-16.33%

QQQ:

-4.03%

Returns By Period

In the year-to-date period, EDEN achieves a -0.32% return, which is significantly lower than QQQ's 26.66% return. Over the past 10 years, EDEN has underperformed QQQ with an annualized return of 10.40%, while QQQ has yielded a comparatively higher 18.30% annualized return.


EDEN

YTD

-0.32%

1M

-0.95%

6M

-11.39%

1Y

2.18%

5Y*

11.67%

10Y*

10.40%

QQQ

YTD

26.66%

1M

3.29%

6M

6.76%

1Y

26.84%

5Y*

20.38%

10Y*

18.30%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


EDEN vs. QQQ - Expense Ratio Comparison

EDEN has a 0.53% expense ratio, which is higher than QQQ's 0.20% expense ratio.


EDEN
iShares MSCI Denmark ETF
Expense ratio chart for EDEN: current value at 0.53% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.53%
Expense ratio chart for QQQ: current value at 0.20% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.20%

Risk-Adjusted Performance

EDEN vs. QQQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Denmark ETF (EDEN) 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.


Sharpe ratio
The chart of Sharpe ratio for EDEN, currently valued at 0.21, compared to the broader market0.002.004.000.211.54
The chart of Sortino ratio for EDEN, currently valued at 0.40, compared to the broader market-2.000.002.004.006.008.0010.000.402.06
The chart of Omega ratio for EDEN, currently valued at 1.05, compared to the broader market0.501.001.502.002.503.001.051.28
The chart of Calmar ratio for EDEN, currently valued at 0.20, compared to the broader market0.005.0010.0015.000.202.03
The chart of Martin ratio for EDEN, currently valued at 0.57, compared to the broader market0.0020.0040.0060.0080.00100.000.577.34
EDEN
QQQ

The current EDEN Sharpe Ratio is 0.21, which is lower than the QQQ Sharpe Ratio of 1.54. The chart below compares the historical Sharpe Ratios of EDEN and QQQ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.501.001.502.002.50JulyAugustSeptemberOctoberNovemberDecember
0.21
1.54
EDEN
QQQ

Dividends

EDEN vs. QQQ - Dividend Comparison

EDEN's dividend yield for the trailing twelve months is around 1.74%, more than QQQ's 0.43% yield.


TTM20232022202120202019201820172016201520142013
EDEN
iShares MSCI Denmark ETF
1.74%1.92%1.47%0.74%0.42%2.36%2.01%2.03%1.28%1.46%0.87%0.86%
QQQ
Invesco QQQ
0.43%0.62%0.80%0.43%0.55%0.74%0.91%0.84%1.06%0.99%1.41%1.02%

Drawdowns

EDEN vs. QQQ - Drawdown Comparison

The maximum EDEN drawdown since its inception was -36.61%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for EDEN and QQQ. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-16.33%
-4.03%
EDEN
QQQ

Volatility

EDEN vs. QQQ - Volatility Comparison

The current volatility for iShares MSCI Denmark ETF (EDEN) is 4.08%, while Invesco QQQ (QQQ) has a volatility of 5.23%. This indicates that EDEN 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.


3.00%4.00%5.00%6.00%7.00%8.00%9.00%JulyAugustSeptemberOctoberNovemberDecember
4.08%
5.23%
EDEN
QQQ
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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