HTDIX vs. QQQ
Compare and contrast key facts about Tactical Dividend and Momentum Fund (HTDIX) and Invesco QQQ (QQQ).
HTDIX is managed by Hanlon. It was launched on Sep 8, 2015. 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: HTDIX or QQQ.
Key characteristics
| HTDIX | QQQ | |
|---|---|---|
| YTD Return | 21.54% | 26.02% |
| 1Y Return | 27.76% | 36.73% |
| 3Y Return (Ann) | 0.30% | 9.97% |
| 5Y Return (Ann) | 5.22% | 21.44% |
| Sharpe Ratio | 2.39 | 2.28 |
| Sortino Ratio | 3.21 | 2.98 |
| Omega Ratio | 1.45 | 1.41 |
| Calmar Ratio | 1.31 | 2.94 |
| Martin Ratio | 14.42 | 10.71 |
| Ulcer Index | 1.94% | 3.72% |
| Daily Std Dev | 11.75% | 17.35% |
| Max Drawdown | -27.10% | -82.98% |
| Current Drawdown | 0.00% | -0.06% |
Correlation
The correlation between HTDIX and QQQ is 0.73, 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
HTDIX vs. QQQ - Performance Comparison
In the year-to-date period, HTDIX achieves a 21.54% return, which is significantly lower than QQQ's 26.02% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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HTDIX vs. QQQ - Expense Ratio Comparison
HTDIX has a 1.40% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
HTDIX vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Tactical Dividend and Momentum Fund (HTDIX) 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
HTDIX vs. QQQ - Dividend Comparison
HTDIX's dividend yield for the trailing twelve months is around 1.58%, more than QQQ's 0.59% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HTDIX Tactical Dividend and Momentum Fund | 1.58% | 1.92% | 0.00% | 0.00% | 0.00% | 0.69% | 0.36% | 0.65% | 1.29% | 0.34% | 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
HTDIX vs. QQQ - Drawdown Comparison
The maximum HTDIX drawdown since its inception was -27.10%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for HTDIX and QQQ. For additional features, visit the drawdowns tool.
Volatility
HTDIX vs. QQQ - Volatility Comparison
The current volatility for Tactical Dividend and Momentum Fund (HTDIX) is 3.88%, while Invesco QQQ (QQQ) has a volatility of 5.18%. This indicates that HTDIX 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.