FFND vs. QQQ
Compare and contrast key facts about Future Fund Active ETF (FFND) and Invesco QQQ (QQQ).
FFND and QQQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FFND is an actively managed fund by Future Fund Advisors. It was launched on Aug 24, 2021. QQQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 10, 1999.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FFND or QQQ.
Performance
FFND vs. QQQ - Performance Comparison
Returns By Period
The year-to-date returns for both stocks are quite close, with FFND having a 22.74% return and QQQ slightly lower at 22.63%.
FFND
22.74%
3.41%
8.02%
32.77%
N/A
N/A
QQQ
22.63%
1.12%
10.25%
30.41%
20.71%
18.02%
Key characteristics
| FFND | QQQ | |
|---|---|---|
| Sharpe Ratio | 1.83 | 1.75 |
| Sortino Ratio | 2.44 | 2.34 |
| Omega Ratio | 1.32 | 1.32 |
| Calmar Ratio | 1.07 | 2.25 |
| Martin Ratio | 8.34 | 8.17 |
| Ulcer Index | 4.01% | 3.73% |
| Daily Std Dev | 18.33% | 17.44% |
| Max Drawdown | -47.84% | -82.98% |
| Current Drawdown | -8.60% | -2.75% |
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FFND vs. QQQ - Expense Ratio Comparison
FFND has a 1.01% expense ratio, which is higher than QQQ's 0.20% expense ratio.
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.
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.
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 0.61%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 | 0.61% | 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.
Volatility
FFND vs. QQQ - Volatility Comparison
Future Fund Active ETF (FFND) and Invesco QQQ (QQQ) have volatilities of 5.54% and 5.62%, 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.