MKVIX vs. QQQM
Compare and contrast key facts about MFS International Large Cap Value Fund (MKVIX) and Invesco NASDAQ 100 ETF (QQQM).
MKVIX is managed by MFS. It was launched on Jun 29, 2020. QQQM is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Oct 13, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MKVIX or QQQM.
Correlation
The correlation between MKVIX and QQQM is 0.59, 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
MKVIX vs. QQQM - Performance Comparison
Key characteristics
MKVIX:
1.08
QQQM:
1.39
MKVIX:
1.45
QQQM:
1.89
MKVIX:
1.20
QQQM:
1.25
MKVIX:
1.12
QQQM:
1.87
MKVIX:
3.06
QQQM:
6.47
MKVIX:
4.59%
QQQM:
3.92%
MKVIX:
12.98%
QQQM:
18.22%
MKVIX:
-26.63%
QQQM:
-35.05%
MKVIX:
-3.83%
QQQM:
0.00%
Returns By Period
In the year-to-date period, MKVIX achieves a 8.41% return, which is significantly higher than QQQM's 5.53% return.
MKVIX
8.41%
6.78%
0.61%
12.03%
N/A
N/A
QQQM
5.53%
3.40%
12.70%
26.12%
N/A
N/A
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MKVIX vs. QQQM - Expense Ratio Comparison
MKVIX has a 0.71% expense ratio, which is higher than QQQM's 0.15% expense ratio.
Risk-Adjusted Performance
MKVIX vs. QQQM — Risk-Adjusted Performance Rank
MKVIX
QQQM
MKVIX vs. QQQM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS International Large Cap Value Fund (MKVIX) and Invesco NASDAQ 100 ETF (QQQM). 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
MKVIX vs. QQQM - Dividend Comparison
MKVIX's dividend yield for the trailing twelve months is around 2.88%, more than QQQM's 0.57% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
MKVIX MFS International Large Cap Value Fund | 2.88% | 3.13% | 3.56% | 1.69% | 2.21% | 0.48% |
QQQM Invesco NASDAQ 100 ETF | 0.57% | 0.61% | 0.65% | 0.83% | 0.40% | 0.16% |
Drawdowns
MKVIX vs. QQQM - Drawdown Comparison
The maximum MKVIX drawdown since its inception was -26.63%, smaller than the maximum QQQM drawdown of -35.05%. Use the drawdown chart below to compare losses from any high point for MKVIX and QQQM. For additional features, visit the drawdowns tool.
Volatility
MKVIX vs. QQQM - Volatility Comparison
The current volatility for MFS International Large Cap Value Fund (MKVIX) is 3.11%, while Invesco NASDAQ 100 ETF (QQQM) has a volatility of 4.88%. This indicates that MKVIX experiences smaller price fluctuations and is considered to be less risky than QQQM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.