NAVIX vs. QQQ
Compare and contrast key facts about Navigator Equity Hedged Fund (NAVIX) and Invesco QQQ (QQQ).
NAVIX is managed by Navigator Funds. It was launched on Dec 27, 2010. 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: NAVIX or QQQ.
Correlation
The correlation between NAVIX and QQQ is 0.02, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
NAVIX vs. QQQ - Performance Comparison
Key characteristics
NAVIX:
0.98
QQQ:
1.44
NAVIX:
3.64
QQQ:
1.95
NAVIX:
2.68
QQQ:
1.26
NAVIX:
2.13
QQQ:
1.94
NAVIX:
6.07
QQQ:
6.71
NAVIX:
6.16%
QQQ:
3.92%
NAVIX:
50.04%
QQQ:
18.27%
NAVIX:
-37.82%
QQQ:
-82.98%
NAVIX:
0.00%
QQQ:
0.00%
Returns By Period
Both investments have delivered pretty close results over the past 10 years, with NAVIX having a 18.25% annualized return and QQQ not far ahead at 18.37%.
NAVIX
0.00%
0.00%
0.00%
43.38%
54.58%
18.25%
QQQ
5.27%
3.15%
12.16%
25.73%
18.66%
18.37%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
NAVIX vs. QQQ - Expense Ratio Comparison
NAVIX has a 1.10% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
NAVIX vs. QQQ — Risk-Adjusted Performance Rank
NAVIX
QQQ
NAVIX vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Navigator Equity Hedged Fund (NAVIX) 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
NAVIX vs. QQQ - Dividend Comparison
NAVIX's dividend yield for the trailing twelve months is around 24.69%, more than QQQ's 0.53% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NAVIX Navigator Equity Hedged Fund | 24.69% | 24.69% | 0.29% | 0.51% | 7.67% | 0.29% | 0.53% | 0.40% | 5.46% | 0.54% | 2.22% | 2.62% |
QQQ Invesco QQQ | 0.53% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
NAVIX vs. QQQ - Drawdown Comparison
The maximum NAVIX drawdown since its inception was -37.82%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for NAVIX and QQQ. For additional features, visit the drawdowns tool.
Volatility
NAVIX vs. QQQ - Volatility Comparison
The current volatility for Navigator Equity Hedged Fund (NAVIX) is 0.00%, while Invesco QQQ (QQQ) has a volatility of 4.93%. This indicates that NAVIX 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.