ESGS vs. QQQM
Compare and contrast key facts about Columbia Sustainable US Equity Income ETF (ESGS) and Invesco NASDAQ 100 ETF (QQQM).
ESGS and QQQM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ESGS is a passively managed fund by Ameriprise Financial that tracks the performance of the MSCI Beta ADV US Sustainable Equity Income100. It was launched on Jun 13, 2016. QQQM is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Oct 13, 2020. Both ESGS and QQQM 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: ESGS or QQQM.
Correlation
The correlation between ESGS and QQQM is 0.55, 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.
Performance
ESGS vs. QQQM - Performance Comparison
Key characteristics
ESGS:
1.12
QQQM:
1.37
ESGS:
1.53
QQQM:
1.87
ESGS:
1.20
QQQM:
1.25
ESGS:
1.40
QQQM:
1.84
ESGS:
4.18
QQQM:
6.38
ESGS:
3.05%
QQQM:
3.91%
ESGS:
11.42%
QQQM:
18.18%
ESGS:
-42.15%
QQQM:
-35.05%
ESGS:
-3.43%
QQQM:
0.00%
Returns By Period
In the year-to-date period, ESGS achieves a 5.05% return, which is significantly lower than QQQM's 5.54% return.
ESGS
5.05%
1.82%
1.89%
12.17%
11.74%
N/A
QQQM
5.54%
3.41%
12.16%
27.08%
N/A
N/A
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ESGS vs. QQQM - Expense Ratio Comparison
ESGS has a 0.35% expense ratio, which is higher than QQQM's 0.15% expense ratio.
Risk-Adjusted Performance
ESGS vs. QQQM — Risk-Adjusted Performance Rank
ESGS
QQQM
ESGS vs. QQQM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Columbia Sustainable US Equity Income ETF (ESGS) and Invesco NASDAQ 100 ETF (QQQM). 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
ESGS vs. QQQM - Dividend Comparison
ESGS's dividend yield for the trailing twelve months is around 1.89%, more than QQQM's 0.57% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
ESGS Columbia Sustainable US Equity Income ETF | 1.89% | 1.99% | 0.00% | 2.71% | 1.95% | 0.00% | 0.00% | 6.90% | 2.38% | 1.21% |
QQQM Invesco NASDAQ 100 ETF | 0.57% | 0.61% | 0.65% | 0.83% | 0.40% | 0.16% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
ESGS vs. QQQM - Drawdown Comparison
The maximum ESGS drawdown since its inception was -42.15%, which is greater than QQQM's maximum drawdown of -35.05%. Use the drawdown chart below to compare losses from any high point for ESGS and QQQM. For additional features, visit the drawdowns tool.
Volatility
ESGS vs. QQQM - Volatility Comparison
The current volatility for Columbia Sustainable US Equity Income ETF (ESGS) is 2.82%, while Invesco NASDAQ 100 ETF (QQQM) has a volatility of 4.65%. This indicates that ESGS experiences smaller price fluctuations and is considered to be less risky than QQQM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.