IBUY vs. QQQ
Compare and contrast key facts about Amplify Online Retail ETF (IBUY) and Invesco QQQ (QQQ).
IBUY and QQQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IBUY is a passively managed fund by Amplify Investments that tracks the performance of the EQM Online Retail Index. It was launched on Apr 20, 2016. QQQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 10, 1999. Both IBUY and QQQ 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: IBUY or QQQ.
Correlation
The correlation between IBUY 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
IBUY vs. QQQ - Performance Comparison
Key characteristics
IBUY:
0.99
QQQ:
1.54
IBUY:
1.48
QQQ:
2.06
IBUY:
1.18
QQQ:
1.28
IBUY:
0.35
QQQ:
2.03
IBUY:
4.28
QQQ:
7.34
IBUY:
5.20%
QQQ:
3.75%
IBUY:
22.52%
QQQ:
17.90%
IBUY:
-73.00%
QQQ:
-82.98%
IBUY:
-53.17%
QQQ:
-4.03%
Returns By Period
In the year-to-date period, IBUY achieves a 21.08% return, which is significantly lower than QQQ's 26.66% return.
IBUY
21.08%
1.58%
18.01%
18.94%
4.91%
N/A
QQQ
26.66%
3.29%
6.76%
26.84%
20.38%
18.30%
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IBUY vs. QQQ - Expense Ratio Comparison
IBUY has a 0.65% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
IBUY vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Amplify Online Retail ETF (IBUY) 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
IBUY vs. QQQ - Dividend Comparison
IBUY has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.43%.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Amplify Online Retail ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.54% | 0.29% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Invesco QQQ | 0.43% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.02% |
Drawdowns
IBUY vs. QQQ - Drawdown Comparison
The maximum IBUY drawdown since its inception was -73.00%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for IBUY and QQQ. For additional features, visit the drawdowns tool.
Volatility
IBUY vs. QQQ - Volatility Comparison
Amplify Online Retail ETF (IBUY) has a higher volatility of 7.26% compared to Invesco QQQ (QQQ) at 5.23%. This indicates that IBUY'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.