LQQ.PA vs. BLK
Compare and contrast key facts about Lyxor UCITS NASDAQ-100 Daily Leverage (LQQ.PA) and BlackRock, Inc. (BLK).
LQQ.PA is a passively managed fund by Amundi that tracks the performance of the Nasdaq 100® Leverage (2x) index. It was launched on Jun 27, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LQQ.PA or BLK.
Key characteristics
| LQQ.PA | BLK | |
|---|---|---|
| YTD Return | 52.56% | 32.26% |
| 1Y Return | 73.70% | 62.53% |
| 3Y Return (Ann) | 10.81% | 5.55% |
| 5Y Return (Ann) | 33.07% | 19.83% |
| 10Y Return (Ann) | 30.99% | 14.65% |
| Sharpe Ratio | 2.03 | 3.48 |
| Sortino Ratio | 2.53 | 4.55 |
| Omega Ratio | 1.35 | 1.58 |
| Calmar Ratio | 2.61 | 2.34 |
| Martin Ratio | 8.13 | 15.31 |
| Ulcer Index | 8.07% | 4.30% |
| Daily Std Dev | 32.28% | 18.87% |
| Max Drawdown | -75.86% | -60.36% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between LQQ.PA and BLK is 0.40, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
LQQ.PA vs. BLK - Performance Comparison
In the year-to-date period, LQQ.PA achieves a 52.56% return, which is significantly higher than BLK's 32.26% return. Over the past 10 years, LQQ.PA has outperformed BLK with an annualized return of 30.99%, while BLK has yielded a comparatively lower 14.65% annualized 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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Risk-Adjusted Performance
LQQ.PA vs. BLK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Lyxor UCITS NASDAQ-100 Daily Leverage (LQQ.PA) and BlackRock, Inc. (BLK). 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
LQQ.PA vs. BLK - Dividend Comparison
LQQ.PA has not paid dividends to shareholders, while BLK's dividend yield for the trailing twelve months is around 1.93%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LQQ.PA Lyxor UCITS NASDAQ-100 Daily Leverage | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
BLK BlackRock, Inc. | 1.93% | 2.46% | 2.75% | 1.80% | 2.01% | 2.63% | 3.06% | 1.95% | 2.41% | 2.56% | 2.16% | 2.12% |
Drawdowns
LQQ.PA vs. BLK - Drawdown Comparison
The maximum LQQ.PA drawdown since its inception was -75.86%, which is greater than BLK's maximum drawdown of -60.36%. Use the drawdown chart below to compare losses from any high point for LQQ.PA and BLK. For additional features, visit the drawdowns tool.
Volatility
LQQ.PA vs. BLK - Volatility Comparison
Lyxor UCITS NASDAQ-100 Daily Leverage (LQQ.PA) has a higher volatility of 9.48% compared to BlackRock, Inc. (BLK) at 4.43%. This indicates that LQQ.PA's price experiences larger fluctuations and is considered to be riskier than BLK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.