FTXN vs. QQQM
Compare and contrast key facts about First Trust Nasdaq Oil & Gas ETF (FTXN) and Invesco NASDAQ 100 ETF (QQQM).
FTXN and QQQM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FTXN is a passively managed fund by First Trust that tracks the performance of the Nasdaq U.S. Smart Oil & Gas Index. It was launched on Sep 20, 2016. QQQM is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Oct 13, 2020. Both FTXN and QQQM 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: FTXN or QQQM.
Correlation
The correlation between FTXN and QQQM is 0.20, 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
FTXN vs. QQQM - Performance Comparison
Key characteristics
FTXN:
0.48
QQQM:
1.41
FTXN:
0.76
QQQM:
1.91
FTXN:
1.10
QQQM:
1.26
FTXN:
0.56
QQQM:
1.89
FTXN:
1.08
QQQM:
6.54
FTXN:
8.57%
QQQM:
3.91%
FTXN:
19.35%
QQQM:
18.17%
FTXN:
-73.49%
QQQM:
-35.05%
FTXN:
-6.78%
QQQM:
-0.41%
Returns By Period
In the year-to-date period, FTXN achieves a 6.89% return, which is significantly higher than QQQM's 5.10% return.
FTXN
6.89%
-2.60%
3.97%
7.94%
18.60%
N/A
QQQM
5.10%
2.35%
13.51%
27.08%
N/A
N/A
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FTXN vs. QQQM - Expense Ratio Comparison
FTXN has a 0.60% expense ratio, which is higher than QQQM's 0.15% expense ratio.
Risk-Adjusted Performance
FTXN vs. QQQM — Risk-Adjusted Performance Rank
FTXN
QQQM
FTXN vs. QQQM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Nasdaq Oil & Gas ETF (FTXN) and Invesco NASDAQ 100 ETF (QQQM). 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
FTXN vs. QQQM - Dividend Comparison
FTXN's dividend yield for the trailing twelve months is around 2.35%, more than QQQM's 0.58% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
FTXN First Trust Nasdaq Oil & Gas ETF | 2.35% | 2.51% | 3.41% | 2.26% | 1.04% | 1.76% | 2.72% | 2.16% | 1.78% | 0.20% |
QQQM Invesco NASDAQ 100 ETF | 0.58% | 0.61% | 0.65% | 0.83% | 0.40% | 0.16% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FTXN vs. QQQM - Drawdown Comparison
The maximum FTXN drawdown since its inception was -73.49%, which is greater than QQQM's maximum drawdown of -35.05%. Use the drawdown chart below to compare losses from any high point for FTXN and QQQM. For additional features, visit the drawdowns tool.
Volatility
FTXN vs. QQQM - Volatility Comparison
First Trust Nasdaq Oil & Gas ETF (FTXN) has a higher volatility of 6.96% compared to Invesco NASDAQ 100 ETF (QQQM) at 4.66%. This indicates that FTXN's price experiences larger fluctuations and is considered to be riskier than QQQM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.