LUX vs. QQQ
Compare and contrast key facts about Tema ETF Trust - Tema Luxury ETF (LUX) and Invesco QQQ (QQQ).
LUX and QQQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. LUX is an actively managed fund by Tema. It was launched on May 10, 2023. 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: LUX or QQQ.
Correlation
The correlation between LUX and QQQ is 0.60, 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.
Performance
LUX vs. QQQ - Performance Comparison
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Key characteristics
LUX:
-0.26
QQQ:
0.67
LUX:
-0.30
QQQ:
1.12
LUX:
0.97
QQQ:
1.16
LUX:
-0.22
QQQ:
0.77
LUX:
-0.62
QQQ:
2.53
LUX:
9.44%
QQQ:
6.97%
LUX:
20.39%
QQQ:
25.50%
LUX:
-26.81%
QQQ:
-82.98%
LUX:
-10.74%
QQQ:
-4.29%
Returns By Period
In the year-to-date period, LUX achieves a 3.88% return, which is significantly higher than QQQ's 1.00% return.
LUX
3.88%
11.74%
7.69%
-5.18%
N/A
N/A
QQQ
1.00%
13.47%
0.83%
17.08%
19.20%
17.72%
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LUX vs. QQQ - Expense Ratio Comparison
LUX has a 0.75% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
LUX vs. QQQ — Risk-Adjusted Performance Rank
LUX
QQQ
LUX vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Tema ETF Trust - Tema Luxury ETF (LUX) 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
LUX vs. QQQ - Dividend Comparison
LUX's dividend yield for the trailing twelve months is around 2.72%, more than QQQ's 0.58% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LUX Tema ETF Trust - Tema Luxury ETF | 2.72% | 2.83% | 0.71% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 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
LUX vs. QQQ - Drawdown Comparison
The maximum LUX drawdown since its inception was -26.81%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for LUX and QQQ. For additional features, visit the drawdowns tool.
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Volatility
LUX vs. QQQ - Volatility Comparison
The current volatility for Tema ETF Trust - Tema Luxury ETF (LUX) is 5.75%, while Invesco QQQ (QQQ) has a volatility of 7.54%. This indicates that LUX 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.
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