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

Key characteristics


IJTQQQ
YTD Return-1.46%5.41%
1Y Return14.00%36.11%
3Y Return (Ann)-1.17%8.73%
5Y Return (Ann)7.42%19.00%
10Y Return (Ann)8.85%18.48%
Sharpe Ratio0.802.25
Daily Std Dev18.07%16.11%
Max Drawdown-57.61%-82.98%
Current Drawdown-12.11%-3.42%

Correlation

-0.50.00.51.00.8

The correlation between IJT and QQQ is 0.77, 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

IJT vs. QQQ - Performance Comparison

In the year-to-date period, IJT achieves a -1.46% return, which is significantly lower than QQQ's 5.41% return. Over the past 10 years, IJT has underperformed QQQ with an annualized return of 8.85%, while QQQ has yielded a comparatively higher 18.48% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-5.00%0.00%5.00%10.00%15.00%20.00%NovemberDecember2024FebruaryMarchApril
14.82%
19.10%
IJT
QQQ

Compare stocks, funds, or ETFs

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


iShares S&P SmallCap 600 Growth ETF

Invesco QQQ

IJT vs. QQQ - Expense Ratio Comparison

IJT has a 0.25% expense ratio, which is higher than QQQ's 0.20% expense ratio.

IJT
iShares S&P SmallCap 600 Growth ETF
0.50%1.00%1.50%2.00%0.25%
0.50%1.00%1.50%2.00%0.20%

Risk-Adjusted Performance

IJT vs. QQQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares S&P SmallCap 600 Growth ETF (IJT) 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.


IJT
Sharpe ratio
The chart of Sharpe ratio for IJT, currently valued at 0.80, compared to the broader market-1.000.001.002.003.004.005.000.80
Sortino ratio
The chart of Sortino ratio for IJT, currently valued at 1.31, compared to the broader market-2.000.002.004.006.008.001.31
Omega ratio
The chart of Omega ratio for IJT, currently valued at 1.15, compared to the broader market1.001.502.002.501.15
Calmar ratio
The chart of Calmar ratio for IJT, currently valued at 0.54, compared to the broader market0.002.004.006.008.0010.0012.000.54
Martin ratio
The chart of Martin ratio for IJT, currently valued at 2.72, compared to the broader market0.0020.0040.0060.0080.002.72
QQQ
Sharpe ratio
The chart of Sharpe ratio for QQQ, currently valued at 2.25, compared to the broader market-1.000.001.002.003.004.005.002.25
Sortino ratio
The chart of Sortino ratio for QQQ, currently valued at 3.13, compared to the broader market-2.000.002.004.006.008.003.13
Omega ratio
The chart of Omega ratio for QQQ, currently valued at 1.39, compared to the broader market1.001.502.002.501.39
Calmar ratio
The chart of Calmar ratio for QQQ, currently valued at 1.61, compared to the broader market0.002.004.006.008.0010.0012.001.61
Martin ratio
The chart of Martin ratio for QQQ, currently valued at 11.51, compared to the broader market0.0020.0040.0060.0080.0011.51

IJT vs. QQQ - Sharpe Ratio Comparison

The current IJT Sharpe Ratio is 0.80, which is lower than the QQQ Sharpe Ratio of 2.25. The chart below compares the 12-month rolling Sharpe Ratio of IJT and QQQ.


Rolling 12-month Sharpe Ratio0.001.002.003.00NovemberDecember2024FebruaryMarchApril
0.80
2.25
IJT
QQQ

Dividends

IJT vs. QQQ - Dividend Comparison

IJT's dividend yield for the trailing twelve months is around 0.98%, more than QQQ's 0.61% yield.


TTM20232022202120202019201820172016201520142013
IJT
iShares S&P SmallCap 600 Growth ETF
0.98%1.02%1.08%0.63%0.68%0.92%0.92%0.86%1.03%1.14%0.78%0.70%
QQQ
Invesco QQQ
0.61%0.62%0.80%0.43%0.55%0.74%0.91%0.84%1.06%0.99%1.41%1.01%

Drawdowns

IJT vs. QQQ - Drawdown Comparison

The maximum IJT drawdown since its inception was -57.61%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for IJT and QQQ. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2024FebruaryMarchApril
-12.11%
-3.42%
IJT
QQQ

Volatility

IJT vs. QQQ - Volatility Comparison

iShares S&P SmallCap 600 Growth ETF (IJT) has a higher volatility of 5.14% compared to Invesco QQQ (QQQ) at 4.14%. This indicates that IJT'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.


3.00%4.00%5.00%6.00%7.00%NovemberDecember2024FebruaryMarchApril
5.14%
4.14%
IJT
QQQ