FTRB vs. QQQ
Compare and contrast key facts about Federated Hermes Total Return Bond ETF (FTRB) and Invesco QQQ (QQQ).
FTRB and QQQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FTRB is an actively managed fund by Federated. It was launched on Jan 2, 2024. 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: FTRB or QQQ.
Correlation
The correlation between FTRB and QQQ is 0.04, 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
Key characteristics
FTRB:
0.91
QQQ:
1.30
FTRB:
1.36
QQQ:
1.78
FTRB:
1.16
QQQ:
1.24
FTRB:
0.94
QQQ:
1.76
FTRB:
2.09
QQQ:
6.08
FTRB:
2.17%
QQQ:
3.92%
FTRB:
4.96%
QQQ:
18.35%
FTRB:
-4.83%
QQQ:
-82.98%
FTRB:
-2.92%
QQQ:
-2.49%
Returns By Period
In the year-to-date period, FTRB achieves a 0.80% return, which is significantly lower than QQQ's 2.90% return.
FTRB
0.80%
0.78%
-1.42%
4.81%
N/A
N/A
QQQ
2.90%
-1.02%
9.93%
20.80%
18.77%
18.06%
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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
FTRB
QQQ
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.
Dividends
FTRB vs. QQQ - Dividend Comparison
FTRB's dividend yield for the trailing twelve months is around 4.37%, more than QQQ's 0.54% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FTRB Federated Hermes Total Return Bond ETF | 4.37% | 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 | 0.54% | 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.
Volatility
FTRB vs. QQQ - Volatility Comparison
The current volatility for Federated Hermes Total Return Bond ETF (FTRB) is 1.56%, while Invesco QQQ (QQQ) has a volatility of 5.02%. This indicates that FTRB 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.