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

Key characteristics


GOOXQQQ
Daily Std Dev53.83%17.47%
Max Drawdown-41.86%-82.98%
Current Drawdown-18.07%0.00%

Correlation

-0.50.00.51.00.6

The correlation between GOOX and QQQ is 0.56, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Performance

GOOX vs. QQQ - Performance Comparison

The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-30.00%-20.00%-10.00%0.00%10.00%20.00%30.00%JuneJulyAugustSeptemberOctoberNovember
3.01%
16.66%
GOOX
QQQ

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


GOOX vs. QQQ - Expense Ratio Comparison

GOOX has a 1.05% expense ratio, which is higher than QQQ's 0.20% expense ratio.


GOOX
T-Rex 2X Long Alphabet Daily Target ETF
Expense ratio chart for GOOX: current value at 1.05% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.05%
Expense ratio chart for QQQ: current value at 0.20% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.20%

Risk-Adjusted Performance

GOOX vs. QQQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for T-Rex 2X Long Alphabet Daily Target ETF (GOOX) 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.


GOOX
Sharpe ratio
No data
QQQ
Sharpe ratio
The chart of Sharpe ratio for QQQ, currently valued at 2.22, compared to the broader market-2.000.002.004.002.22
Sortino ratio
The chart of Sortino ratio for QQQ, currently valued at 2.92, compared to the broader market-2.000.002.004.006.008.0010.0012.002.92
Omega ratio
The chart of Omega ratio for QQQ, currently valued at 1.40, compared to the broader market1.001.502.002.503.001.40
Calmar ratio
The chart of Calmar ratio for QQQ, currently valued at 2.86, compared to the broader market0.005.0010.0015.002.86
Martin ratio
The chart of Martin ratio for QQQ, currently valued at 10.44, compared to the broader market0.0020.0040.0060.0080.00100.0010.44

GOOX vs. QQQ - Sharpe Ratio Comparison


Chart placeholderNot enough data

Dividends

GOOX vs. QQQ - Dividend Comparison

GOOX has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.59%.


TTM20232022202120202019201820172016201520142013
GOOX
T-Rex 2X Long Alphabet Daily Target ETF
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
QQQ
Invesco QQQ
0.59%0.62%0.80%0.43%0.55%0.74%0.91%0.84%1.06%0.99%1.41%1.02%

Drawdowns

GOOX vs. QQQ - Drawdown Comparison

The maximum GOOX drawdown since its inception was -41.86%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for GOOX and QQQ. For additional features, visit the drawdowns tool.


-40.00%-30.00%-20.00%-10.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-18.07%
0
GOOX
QQQ

Volatility

GOOX vs. QQQ - Volatility Comparison

T-Rex 2X Long Alphabet Daily Target ETF (GOOX) has a higher volatility of 13.59% compared to Invesco QQQ (QQQ) at 5.17%. This indicates that GOOX's price experiences larger fluctuations and is considered to be riskier than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%JuneJulyAugustSeptemberOctoberNovember
13.59%
5.17%
GOOX
QQQ