FWD vs. QQQ
Compare and contrast key facts about AB Disruptors ETF (FWD) and Invesco QQQ (QQQ).
FWD and QQQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FWD is an actively managed fund by AB Funds. It was launched on Mar 21, 2023. 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: FWD or QQQ.
Correlation
The correlation between FWD 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.
Performance
FWD vs. QQQ - Performance Comparison
Key characteristics
FWD:
0.27
QQQ:
0.47
FWD:
0.56
QQQ:
0.81
FWD:
1.08
QQQ:
1.11
FWD:
0.27
QQQ:
0.51
FWD:
0.89
QQQ:
1.67
FWD:
8.90%
QQQ:
6.93%
FWD:
29.90%
QQQ:
25.14%
FWD:
-29.02%
QQQ:
-82.98%
FWD:
-12.88%
QQQ:
-9.36%
Returns By Period
In the year-to-date period, FWD achieves a -3.83% return, which is significantly higher than QQQ's -4.34% return.
FWD
-3.83%
22.68%
-7.21%
7.93%
N/A
N/A
QQQ
-4.34%
17.36%
-4.62%
11.64%
17.57%
17.21%
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FWD vs. QQQ - Expense Ratio Comparison
FWD has a 0.65% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
FWD vs. QQQ — Risk-Adjusted Performance Rank
FWD
QQQ
FWD vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AB Disruptors ETF (FWD) 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
FWD vs. QQQ - Dividend Comparison
FWD's dividend yield for the trailing twelve months is around 1.97%, more than QQQ's 0.61% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FWD AB Disruptors ETF | 1.97% | 1.89% | 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
FWD vs. QQQ - Drawdown Comparison
The maximum FWD drawdown since its inception was -29.02%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for FWD and QQQ. For additional features, visit the drawdowns tool.
Volatility
FWD vs. QQQ - Volatility Comparison
AB Disruptors ETF (FWD) and Invesco QQQ (QQQ) have volatilities of 14.41% and 13.83%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.