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

Correlation

The correlation between FFND and QQQ is 0.88, 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.


-0.50.00.51.00.9

Performance

FFND vs. QQQ - Performance Comparison

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

-10.00%-5.00%0.00%5.00%10.00%15.00%JulyAugustSeptemberOctoberNovemberDecember
10.40%
9.59%
FFND
QQQ

Key characteristics

Sharpe Ratio

FFND:

1.53

QQQ:

1.64

Sortino Ratio

FFND:

2.06

QQQ:

2.19

Omega Ratio

FFND:

1.27

QQQ:

1.30

Calmar Ratio

FFND:

1.03

QQQ:

2.16

Martin Ratio

FFND:

6.98

QQQ:

7.79

Ulcer Index

FFND:

4.04%

QQQ:

3.76%

Daily Std Dev

FFND:

18.48%

QQQ:

17.85%

Max Drawdown

FFND:

-47.84%

QQQ:

-82.98%

Current Drawdown

FFND:

-6.63%

QQQ:

-3.63%

Returns By Period

In the year-to-date period, FFND achieves a 25.40% return, which is significantly lower than QQQ's 27.20% return.


FFND

YTD

25.40%

1M

0.20%

6M

9.66%

1Y

25.60%

5Y*

N/A

10Y*

N/A

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.


FFND vs. QQQ - Expense Ratio Comparison

FFND has a 1.01% expense ratio, which is higher than QQQ's 0.20% expense ratio.


FFND
Future Fund Active ETF
Expense ratio chart for FFND: current value at 1.01% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.01%
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

FFND vs. QQQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Future Fund Active ETF (FFND) 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 FFND, currently valued at 1.53, compared to the broader market0.002.004.001.531.64
The chart of Sortino ratio for FFND, currently valued at 2.06, compared to the broader market-2.000.002.004.006.008.0010.002.062.19
The chart of Omega ratio for FFND, currently valued at 1.27, compared to the broader market0.501.001.502.002.503.001.271.30
The chart of Calmar ratio for FFND, currently valued at 1.03, compared to the broader market0.005.0010.0015.001.032.16
The chart of Martin ratio for FFND, currently valued at 6.98, compared to the broader market0.0020.0040.0060.0080.00100.006.987.79
FFND
QQQ

The current FFND Sharpe Ratio is 1.53, which is comparable to the QQQ Sharpe Ratio of 1.64. The chart below compares the historical Sharpe Ratios of FFND 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
1.53
1.64
FFND
QQQ

Dividends

FFND vs. QQQ - Dividend Comparison

FFND has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.43%.


TTM20232022202120202019201820172016201520142013
FFND
Future Fund Active ETF
0.00%0.00%0.00%0.03%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
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

FFND vs. QQQ - Drawdown Comparison

The maximum FFND drawdown since its inception was -47.84%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for FFND and QQQ. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-6.63%
-3.63%
FFND
QQQ

Volatility

FFND vs. QQQ - Volatility Comparison

Future Fund Active ETF (FFND) and Invesco QQQ (QQQ) have volatilities of 5.42% and 5.29%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. 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
5.42%
5.29%
FFND
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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