MERIX vs. QLD
Compare and contrast key facts about The Merger Fund Class I (MERIX) and ProShares Ultra QQQ (QLD).
MERIX is managed by Virtus Investment Partners. It was launched on Aug 1, 2013. QLD is a passively managed fund by ProShares that tracks the performance of the NASDAQ-100 Index (200%). It was launched on Jun 21, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MERIX or QLD.
Correlation
The correlation between MERIX and QLD is 0.50, 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
MERIX vs. QLD - Performance Comparison
Key characteristics
MERIX:
1.74
QLD:
0.19
MERIX:
2.19
QLD:
0.62
MERIX:
1.36
QLD:
1.09
MERIX:
2.46
QLD:
0.23
MERIX:
9.19
QLD:
0.66
MERIX:
0.59%
QLD:
14.48%
MERIX:
3.19%
QLD:
49.83%
MERIX:
-9.50%
QLD:
-83.13%
MERIX:
0.00%
QLD:
-22.53%
Returns By Period
In the year-to-date period, MERIX achieves a 3.49% return, which is significantly higher than QLD's -13.98% return. Over the past 10 years, MERIX has underperformed QLD with an annualized return of 2.32%, while QLD has yielded a comparatively higher 26.34% annualized return.
MERIX
3.49%
1.10%
2.54%
5.50%
1.99%
2.32%
QLD
-13.98%
8.70%
-15.77%
9.30%
25.15%
26.34%
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MERIX vs. QLD - Expense Ratio Comparison
MERIX has a 1.32% expense ratio, which is higher than QLD's 0.95% expense ratio.
Risk-Adjusted Performance
MERIX vs. QLD — Risk-Adjusted Performance Rank
MERIX
QLD
MERIX vs. QLD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for The Merger Fund Class I (MERIX) and ProShares Ultra QQQ (QLD). 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
MERIX vs. QLD - Dividend Comparison
MERIX's dividend yield for the trailing twelve months is around 2.19%, more than QLD's 0.26% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MERIX The Merger Fund Class I | 2.19% | 2.26% | 2.91% | 2.02% | 0.00% | 1.05% | 0.29% | 1.44% | 0.99% | 0.89% | 1.18% | 2.88% |
QLD ProShares Ultra QQQ | 0.26% | 0.25% | 0.33% | 0.31% | 0.00% | 0.00% | 0.13% | 0.06% | 0.02% | 0.90% | 0.11% | 0.19% |
Drawdowns
MERIX vs. QLD - Drawdown Comparison
The maximum MERIX drawdown since its inception was -9.50%, smaller than the maximum QLD drawdown of -83.13%. Use the drawdown chart below to compare losses from any high point for MERIX and QLD. For additional features, visit the drawdowns tool.
Volatility
MERIX vs. QLD - Volatility Comparison
The current volatility for The Merger Fund Class I (MERIX) is 0.46%, while ProShares Ultra QQQ (QLD) has a volatility of 16.27%. This indicates that MERIX experiences smaller price fluctuations and is considered to be less risky than QLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.