FIVG vs. QQQ
Compare and contrast key facts about Defiance Next Gen Connectivity ETF (FIVG) and Invesco QQQ (QQQ).
FIVG and QQQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FIVG is a passively managed fund by Defiance ETFs that tracks the performance of the MVIS Bluestar 5G Communications Index. It was launched on Mar 4, 2019. QQQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 10, 1999. Both FIVG and QQQ 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: FIVG or QQQ.
Performance
FIVG vs. QQQ - Performance Comparison
Returns By Period
In the year-to-date period, FIVG achieves a 29.70% return, which is significantly higher than QQQ's 22.63% return.
FIVG
29.70%
2.42%
17.49%
43.14%
14.58%
N/A
QQQ
22.63%
1.12%
10.25%
30.41%
20.71%
18.02%
Key characteristics
| FIVG | QQQ | |
|---|---|---|
| Sharpe Ratio | 2.47 | 1.75 |
| Sortino Ratio | 3.16 | 2.34 |
| Omega Ratio | 1.42 | 1.32 |
| Calmar Ratio | 2.00 | 2.25 |
| Martin Ratio | 11.08 | 8.17 |
| Ulcer Index | 4.62% | 3.73% |
| Daily Std Dev | 20.75% | 17.44% |
| Max Drawdown | -34.62% | -82.98% |
| Current Drawdown | 0.00% | -2.75% |
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FIVG vs. QQQ - Expense Ratio Comparison
FIVG has a 0.30% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Correlation
The correlation between FIVG and QQQ is 0.87, 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
FIVG vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Defiance Next Gen Connectivity ETF (FIVG) 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
FIVG vs. QQQ - Dividend Comparison
FIVG's dividend yield for the trailing twelve months is around 0.88%, more than QQQ's 0.61% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIVG Defiance Next Gen Connectivity ETF | 0.88% | 1.40% | 0.00% | 1.17% | 0.99% | 0.75% | 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
FIVG vs. QQQ - Drawdown Comparison
The maximum FIVG drawdown since its inception was -34.62%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for FIVG and QQQ. For additional features, visit the drawdowns tool.
Volatility
FIVG vs. QQQ - Volatility Comparison
The current volatility for Defiance Next Gen Connectivity ETF (FIVG) is 5.03%, while Invesco QQQ (QQQ) has a volatility of 5.62%. This indicates that FIVG 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.