FFOG vs. QQQ
Compare and contrast key facts about Franklin Focused Growth ETF (FFOG) and Invesco QQQ (QQQ).
FFOG and QQQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FFOG is an actively managed fund by Franklin. It was launched on Apr 12, 2016. 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: FFOG or QQQ.
Key characteristics
| FFOG | QQQ | |
|---|---|---|
| YTD Return | 37.95% | 26.02% |
| 1Y Return | 51.10% | 36.73% |
| Sharpe Ratio | 2.61 | 2.28 |
| Sortino Ratio | 3.34 | 2.98 |
| Omega Ratio | 1.46 | 1.41 |
| Calmar Ratio | 3.61 | 2.94 |
| Martin Ratio | 13.61 | 10.71 |
| Ulcer Index | 4.02% | 3.72% |
| Daily Std Dev | 20.88% | 17.35% |
| Max Drawdown | -15.14% | -82.98% |
| Current Drawdown | -0.15% | -0.06% |
Correlation
The correlation between FFOG and QQQ is 0.93, 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.
Performance
FFOG vs. QQQ - Performance Comparison
In the year-to-date period, FFOG achieves a 37.95% return, which is significantly higher than QQQ's 26.02% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FFOG vs. QQQ - Expense Ratio Comparison
FFOG has a 0.55% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
FFOG vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin Focused Growth ETF (FFOG) 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
FFOG vs. QQQ - Dividend Comparison
FFOG has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.59%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FFOG Franklin Focused Growth ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQ Invesco QQQ | 0.59% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.02% |
Drawdowns
FFOG vs. QQQ - Drawdown Comparison
The maximum FFOG drawdown since its inception was -15.14%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for FFOG and QQQ. For additional features, visit the drawdowns tool.
Volatility
FFOG vs. QQQ - Volatility Comparison
Franklin Focused Growth ETF (FFOG) has a higher volatility of 6.04% compared to Invesco QQQ (QQQ) at 5.18%. This indicates that FFOG's price experiences larger fluctuations and is considered to be riskier than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.