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

Correlation

The correlation between EWX and QQQ is 0.65, 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.


-0.50.00.51.00.6

Performance

EWX vs. QQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR S&P Emerging Markets Small Cap ETF (EWX) and Invesco QQQ (QQQ). The values are adjusted to include any dividend payments, if applicable.

0.00%200.00%400.00%600.00%800.00%1,000.00%1,200.00%JulyAugustSeptemberOctoberNovemberDecember
75.48%
1,093.49%
EWX
QQQ

Key characteristics

Sharpe Ratio

EWX:

0.83

QQQ:

1.64

Sortino Ratio

EWX:

1.18

QQQ:

2.19

Omega Ratio

EWX:

1.16

QQQ:

1.30

Calmar Ratio

EWX:

1.35

QQQ:

2.16

Martin Ratio

EWX:

3.52

QQQ:

7.79

Ulcer Index

EWX:

3.53%

QQQ:

3.76%

Daily Std Dev

EWX:

14.96%

QQQ:

17.85%

Max Drawdown

EWX:

-63.90%

QQQ:

-82.98%

Current Drawdown

EWX:

-6.23%

QQQ:

-3.63%

Returns By Period

In the year-to-date period, EWX achieves a 8.43% return, which is significantly lower than QQQ's 27.20% return. Over the past 10 years, EWX has underperformed QQQ with an annualized return of 5.95%, while QQQ has yielded a comparatively higher 18.36% annualized return.


EWX

YTD

8.43%

1M

0.85%

6M

4.46%

1Y

10.28%

5Y*

8.53%

10Y*

5.95%

QQQ

YTD

27.20%

1M

3.08%

6M

8.34%

1Y

27.81%

5Y*

20.44%

10Y*

18.36%

Compare stocks, funds, or ETFs

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


EWX vs. QQQ - Expense Ratio Comparison

EWX has a 0.65% expense ratio, which is higher than QQQ's 0.20% expense ratio.


EWX
SPDR S&P Emerging Markets Small Cap ETF
Expense ratio chart for EWX: current value at 0.65% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.65%
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

EWX vs. QQQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Emerging Markets Small Cap ETF (EWX) 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 EWX, currently valued at 0.83, compared to the broader market0.002.004.000.831.64
The chart of Sortino ratio for EWX, currently valued at 1.18, compared to the broader market-2.000.002.004.006.008.0010.001.182.19
The chart of Omega ratio for EWX, currently valued at 1.16, compared to the broader market0.501.001.502.002.503.001.161.30
The chart of Calmar ratio for EWX, currently valued at 1.35, compared to the broader market0.005.0010.0015.001.352.16
The chart of Martin ratio for EWX, currently valued at 3.52, compared to the broader market0.0020.0040.0060.0080.00100.003.527.79
EWX
QQQ

The current EWX Sharpe Ratio is 0.83, which is lower than the QQQ Sharpe Ratio of 1.64. The chart below compares the historical Sharpe Ratios of EWX 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 Ratio0.000.501.001.502.002.50JulyAugustSeptemberOctoberNovemberDecember
0.83
1.64
EWX
QQQ

Dividends

EWX vs. QQQ - Dividend Comparison

EWX's dividend yield for the trailing twelve months is around 0.74%, more than QQQ's 0.43% yield.


TTM20232022202120202019201820172016201520142013
EWX
SPDR S&P Emerging Markets Small Cap ETF
0.74%2.32%3.00%2.77%2.24%2.73%3.26%2.30%2.46%3.04%2.74%2.33%
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

EWX vs. QQQ - Drawdown Comparison

The maximum EWX drawdown since its inception was -63.90%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for EWX and QQQ. For additional features, visit the drawdowns tool.


-14.00%-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-6.23%
-3.63%
EWX
QQQ

Volatility

EWX vs. QQQ - Volatility Comparison

The current volatility for SPDR S&P Emerging Markets Small Cap ETF (EWX) is 4.45%, while Invesco QQQ (QQQ) has a volatility of 5.29%. This indicates that EWX 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.


2.00%3.00%4.00%5.00%6.00%7.00%8.00%9.00%JulyAugustSeptemberOctoberNovemberDecember
4.45%
5.29%
EWX
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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