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

Correlation

The correlation between FTRB and QQQ is 0.09, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Performance

FTRB vs. QQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Federated Hermes Total Return Bond ETF (FTRB) and Invesco QQQ (QQQ). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

FTRB:

1.06

QQQ:

0.45

Sortino Ratio

FTRB:

1.47

QQQ:

0.81

Omega Ratio

FTRB:

1.18

QQQ:

1.11

Calmar Ratio

FTRB:

1.12

QQQ:

0.51

Martin Ratio

FTRB:

2.47

QQQ:

1.65

Ulcer Index

FTRB:

2.19%

QQQ:

6.96%

Daily Std Dev

FTRB:

5.38%

QQQ:

25.14%

Max Drawdown

FTRB:

-4.83%

QQQ:

-82.98%

Current Drawdown

FTRB:

-1.62%

QQQ:

-9.42%

Returns By Period

In the year-to-date period, FTRB achieves a 2.16% return, which is significantly higher than QQQ's -4.41% return.


FTRB

YTD

2.16%

1M

0.96%

6M

1.33%

1Y

5.67%

5Y*

N/A

10Y*

N/A

QQQ

YTD

-4.41%

1M

9.37%

6M

-4.80%

1Y

11.06%

5Y*

17.35%

10Y*

17.24%

*Annualized

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FTRB vs. QQQ - Expense Ratio Comparison

FTRB has a 0.39% expense ratio, which is higher than QQQ's 0.20% expense ratio.


Risk-Adjusted Performance

FTRB vs. QQQ — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FTRB
The Risk-Adjusted Performance Rank of FTRB is 8080
Overall Rank
The Sharpe Ratio Rank of FTRB is 8484
Sharpe Ratio Rank
The Sortino Ratio Rank of FTRB is 8282
Sortino Ratio Rank
The Omega Ratio Rank of FTRB is 7979
Omega Ratio Rank
The Calmar Ratio Rank of FTRB is 8585
Calmar Ratio Rank
The Martin Ratio Rank of FTRB is 7070
Martin Ratio Rank

QQQ
The Risk-Adjusted Performance Rank of QQQ is 5757
Overall Rank
The Sharpe Ratio Rank of QQQ is 5454
Sharpe Ratio Rank
The Sortino Ratio Rank of QQQ is 5757
Sortino Ratio Rank
The Omega Ratio Rank of QQQ is 5757
Omega Ratio Rank
The Calmar Ratio Rank of QQQ is 6262
Calmar Ratio Rank
The Martin Ratio Rank of QQQ is 5555
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FTRB vs. QQQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Federated Hermes Total Return Bond ETF (FTRB) 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.


The current FTRB Sharpe Ratio is 1.06, which is higher than the QQQ Sharpe Ratio of 0.45. The chart below compares the historical Sharpe Ratios of FTRB 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.


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Dividends

FTRB vs. QQQ - Dividend Comparison

FTRB's dividend yield for the trailing twelve months is around 4.29%, more than QQQ's 0.61% yield.


TTM20242023202220212020201920182017201620152014
FTRB
Federated Hermes Total Return Bond ETF
4.29%4.39%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
QQQ
Invesco QQQ
0.61%0.56%0.62%0.80%0.43%0.55%0.74%0.91%0.84%1.06%0.99%1.41%

Drawdowns

FTRB vs. QQQ - Drawdown Comparison

The maximum FTRB drawdown since its inception was -4.83%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for FTRB and QQQ. For additional features, visit the drawdowns tool.


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Volatility

FTRB vs. QQQ - Volatility Comparison


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