ELFTX vs. QQQ

In the year-to-date period, ELFTX achieves a -2.52% return, which is significantly lower than QQQ's 2.50% return. Over the past 10 years, ELFTX has underperformed QQQ with an annualized return of 1.80%, while QQQ has yielded a comparatively higher 17.87% annualized return.

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

ELFTX has a 0.21% expense ratio, which is higher than QQQ's 0.20% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

This table presents a comparison of risk-adjusted performance metrics for Elfun Tax Exempt Income Fund (ELFTX) 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.

The current ELFTX Sharpe Ratio is 0.04, which is lower than the QQQ Sharpe Ratio of 0.66. The chart below compares the historical Sharpe Ratios of ELFTX 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.

ELFTX's dividend yield for the trailing twelve months is around 3.78%, more than QQQ's 0.57% yield.

The maximum ELFTX drawdown since its inception was -14.59%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for ELFTX and QQQ.

The current volatility for Elfun Tax Exempt Income Fund (ELFTX) is 0.76%, while Invesco QQQ (QQQ) has a volatility of 5.56%. This indicates that ELFTX 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.