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MAIIX vs. QQQ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

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.


-0.50.00.51.00.6

Performance

MAIIX vs. QQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI EAFE International Index Fund (MAIIX) and Invesco QQQ (QQQ). The values are adjusted to include any dividend payments, if applicable.

200.00%400.00%600.00%800.00%1,000.00%1,200.00%JulyAugustSeptemberOctoberNovemberDecember
129.37%
1,092.67%
MAIIX
QQQ

Key characteristics

Sharpe Ratio

MAIIX:

0.20

QQQ:

1.64

Sortino Ratio

MAIIX:

0.36

QQQ:

2.19

Omega Ratio

MAIIX:

1.04

QQQ:

1.30

Calmar Ratio

MAIIX:

0.22

QQQ:

2.16

Martin Ratio

MAIIX:

0.73

QQQ:

7.79

Ulcer Index

MAIIX:

3.70%

QQQ:

3.76%

Daily Std Dev

MAIIX:

13.41%

QQQ:

17.85%

Max Drawdown

MAIIX:

-62.24%

QQQ:

-82.98%

Current Drawdown

MAIIX:

-12.47%

QQQ:

-3.63%

Returns By Period

In the year-to-date period, MAIIX achieves a 0.05% return, which is significantly lower than QQQ's 27.20% return. Over the past 10 years, MAIIX has underperformed QQQ with an annualized return of 4.77%, while QQQ has yielded a comparatively higher 18.36% annualized return.


MAIIX

YTD

0.05%

1M

-4.11%

6M

-4.90%

1Y

1.12%

5Y*

4.17%

10Y*

4.77%

QQQ

YTD

27.20%

1M

3.08%

6M

8.34%

1Y

27.81%

5Y*

20.44%

10Y*

18.36%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


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%.


QQQ
Invesco QQQ
Expense ratio chart for QQQ: current value at 0.20% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.20%
Expense ratio chart for MAIIX: current value at 0.09% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.09%

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.


Sharpe ratio
The chart of Sharpe ratio for MAIIX, currently valued at 0.20, compared to the broader market-1.000.001.002.003.004.000.201.64
The chart of Sortino ratio for MAIIX, currently valued at 0.36, compared to the broader market-2.000.002.004.006.008.0010.000.362.19
The chart of Omega ratio for MAIIX, currently valued at 1.04, compared to the broader market0.501.001.502.002.503.003.501.041.30
The chart of Calmar ratio for MAIIX, currently valued at 0.22, compared to the broader market0.002.004.006.008.0010.0012.0014.000.222.16
The chart of Martin ratio for MAIIX, currently valued at 0.73, compared to the broader market0.0020.0040.0060.000.737.79
MAIIX
QQQ

The current MAIIX Sharpe Ratio is 0.20, which is lower than the QQQ Sharpe Ratio of 1.64. The chart below compares the historical Sharpe Ratios of MAIIX and QQQ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.000.501.001.502.002.50JulyAugustSeptemberOctoberNovemberDecember
0.20
1.64
MAIIX
QQQ

Dividends

MAIIX vs. QQQ - Dividend Comparison

MAIIX's dividend yield for the trailing twelve months is around 0.27%, less than QQQ's 0.43% yield.


TTM20232022202120202019201820172016201520142013
MAIIX
iShares MSCI EAFE International Index Fund
0.27%3.16%2.76%3.00%1.95%3.29%4.53%2.42%2.81%2.40%0.80%2.39%
QQQ
Invesco QQQ
0.43%0.62%0.80%0.43%0.55%0.74%0.91%0.84%1.06%0.99%1.41%1.02%

Drawdowns

MAIIX vs. QQQ - Drawdown Comparison

The maximum MAIIX drawdown since its inception was -62.24%, 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.


-14.00%-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-12.47%
-3.63%
MAIIX
QQQ

Volatility

MAIIX vs. QQQ - Volatility Comparison

iShares MSCI EAFE International Index Fund (MAIIX) and Invesco QQQ (QQQ) have volatilities of 5.12% and 5.29%, 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.


3.00%4.00%5.00%6.00%7.00%8.00%9.00%JulyAugustSeptemberOctoberNovemberDecember
5.12%
5.29%
MAIIX
QQQ
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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