MAIIX vs. QQQ
Compare and contrast key facts about iShares MSCI EAFE International Index Fund (MAIIX) and Invesco QQQ (QQQ).
MAIIX is managed by Blackrock. It was launched on Apr 9, 1997. 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: MAIIX or QQQ.
Key characteristics
| MAIIX | QQQ | |
|---|---|---|
| YTD Return | 7.77% | 9.88% |
| 1Y Return | 16.77% | 21.43% |
| 3Y Return (Ann) | 2.40% | 6.20% |
| 5Y Return (Ann) | 7.45% | 19.38% |
| 10Y Return (Ann) | 4.89% | 17.28% |
| Sharpe Ratio | 1.28 | 1.16 |
| Daily Std Dev | 12.81% | 17.67% |
| Max Drawdown | -61.06% | -82.98% |
| Current Drawdown | -4.05% | -10.79% |
Correlation
The correlation between MAIIX and QQQ is 0.57, 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
MAIIX vs. QQQ - Performance Comparison
In the year-to-date period, MAIIX achieves a 7.77% return, which is significantly lower than QQQ's 9.88% return. Over the past 10 years, MAIIX has underperformed QQQ with an annualized return of 4.89%, while QQQ has yielded a comparatively higher 17.28% 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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MAIIX vs. QQQ - Expense Ratio Comparison
MAIIX has a 0.09% expense ratio, which is lower than QQQ's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
MAIIX vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI EAFE International Index Fund (MAIIX) 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
MAIIX vs. QQQ - Dividend Comparison
MAIIX's dividend yield for the trailing twelve months is around 3.03%, more than QQQ's 0.64% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MAIIX iShares MSCI EAFE International Index Fund | 3.03% | 3.16% | 2.76% | 3.00% | 1.94% | 3.29% | 4.53% | 2.42% | 2.81% | 2.41% | 0.80% | 2.39% |
QQQ Invesco QQQ | 0.64% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.01% |
Drawdowns
MAIIX vs. QQQ - Drawdown Comparison
The maximum MAIIX drawdown since its inception was -61.06%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for MAIIX and QQQ. For additional features, visit the drawdowns tool.
Volatility
MAIIX vs. QQQ - Volatility Comparison
The current volatility for iShares MSCI EAFE International Index Fund (MAIIX) is 4.66%, while Invesco QQQ (QQQ) has a volatility of 7.07%. This indicates that MAIIX 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.