Correlation
The correlation between ISHP and QQQ is 0.58, 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.
ISHP vs. QQQ
Compare and contrast key facts about First Trust S-Network Global E-Commerce ETF (ISHP) and Invesco QQQ (QQQ).
ISHP and QQQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ISHP is a passively managed fund by First Trust that tracks the performance of the S-Network Global E-Commerce Index. It was launched on Sep 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 ISHP 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: ISHP or QQQ.
Performance
ISHP vs. QQQ - Performance Comparison
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Key characteristics
ISHP:
1.16
QQQ:
0.62
ISHP:
1.71
QQQ:
0.92
ISHP:
1.23
QQQ:
1.13
ISHP:
1.06
QQQ:
0.60
ISHP:
4.90
QQQ:
1.94
ISHP:
5.36%
QQQ:
7.02%
ISHP:
22.97%
QQQ:
25.59%
ISHP:
-47.57%
QQQ:
-82.98%
ISHP:
-4.83%
QQQ:
-3.64%
Returns By Period
In the year-to-date period, ISHP achieves a 7.20% return, which is significantly higher than QQQ's 1.69% return.
ISHP
7.20%
4.82%
1.91%
26.55%
15.58%
11.64%
N/A
QQQ
1.69%
9.18%
2.15%
15.66%
19.78%
18.08%
17.69%
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ISHP vs. QQQ - Expense Ratio Comparison
ISHP has a 0.60% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
ISHP vs. QQQ — Risk-Adjusted Performance Rank
ISHP
QQQ
ISHP vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust S-Network Global E-Commerce ETF (ISHP) 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.
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Dividends
ISHP vs. QQQ - Dividend Comparison
ISHP's dividend yield for the trailing twelve months is around 0.95%, more than QQQ's 0.58% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ISHP First Trust S-Network Global E-Commerce ETF | 0.95% | 1.02% | 1.58% | 0.76% | 0.53% | 0.82% | 1.16% | 0.89% | 1.65% | 0.23% | 0.00% | 0.00% |
QQQ Invesco QQQ | 0.58% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
ISHP vs. QQQ - Drawdown Comparison
The maximum ISHP drawdown since its inception was -47.57%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for ISHP and QQQ.
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Volatility
ISHP vs. QQQ - Volatility Comparison
First Trust S-Network Global E-Commerce ETF (ISHP) and Invesco QQQ (QQQ) have volatilities of 5.79% and 5.62%, 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.
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