JEQIX vs. QQQ
Compare and contrast key facts about Johnson Equity Income Fund (JEQIX) and Invesco QQQ (QQQ).
JEQIX is managed by Johnson Mutual Funds. It was launched on Dec 30, 2005. 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: JEQIX or QQQ.
Correlation
The correlation between JEQIX and QQQ is 0.76, 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
JEQIX vs. QQQ - Performance Comparison
Key characteristics
JEQIX:
0.62
QQQ:
1.40
JEQIX:
0.83
QQQ:
1.90
JEQIX:
1.13
QQQ:
1.25
JEQIX:
0.67
QQQ:
1.88
JEQIX:
2.08
QQQ:
6.51
JEQIX:
3.47%
QQQ:
3.92%
JEQIX:
11.64%
QQQ:
18.23%
JEQIX:
-36.16%
QQQ:
-82.98%
JEQIX:
-6.67%
QQQ:
-0.42%
Returns By Period
In the year-to-date period, JEQIX achieves a 3.84% return, which is significantly lower than QQQ's 5.09% return. Over the past 10 years, JEQIX has underperformed QQQ with an annualized return of 5.83%, while QQQ has yielded a comparatively higher 18.32% annualized return.
JEQIX
3.84%
0.08%
-0.70%
6.68%
5.70%
5.83%
QQQ
5.09%
2.37%
13.48%
26.98%
19.29%
18.32%
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JEQIX vs. QQQ - Expense Ratio Comparison
JEQIX has a 1.00% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
JEQIX vs. QQQ — Risk-Adjusted Performance Rank
JEQIX
QQQ
JEQIX vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Johnson Equity Income Fund (JEQIX) 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
JEQIX vs. QQQ - Dividend Comparison
JEQIX's dividend yield for the trailing twelve months is around 1.22%, more than QQQ's 0.53% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JEQIX Johnson Equity Income Fund | 1.22% | 1.26% | 0.89% | 0.98% | 0.58% | 0.80% | 1.01% | 1.24% | 1.04% | 1.34% | 1.92% | 1.31% |
QQQ Invesco QQQ | 0.53% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
JEQIX vs. QQQ - Drawdown Comparison
The maximum JEQIX drawdown since its inception was -36.16%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for JEQIX and QQQ. For additional features, visit the drawdowns tool.
Volatility
JEQIX vs. QQQ - Volatility Comparison
The current volatility for Johnson Equity Income Fund (JEQIX) is 2.17%, while Invesco QQQ (QQQ) has a volatility of 4.70%. This indicates that JEQIX 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.