NEFLX vs. QQQ
Compare and contrast key facts about Loomis Sayles Limited Term Government And Agency Fund (NEFLX) and Invesco QQQ (QQQ).
NEFLX is managed by Natixis Funds. It was launched on Jan 2, 1989. 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: NEFLX or QQQ.
Key characteristics
| NEFLX | QQQ | |
|---|---|---|
| YTD Return | 0.55% | 10.46% |
| 1Y Return | 3.41% | 34.84% |
| 3Y Return (Ann) | -0.02% | 12.65% |
| 5Y Return (Ann) | 0.92% | 20.64% |
| 10Y Return (Ann) | 0.93% | 18.79% |
| Sharpe Ratio | 1.22 | 2.30 |
| Daily Std Dev | 2.64% | 16.24% |
| Max Drawdown | -24.95% | -82.98% |
| Current Drawdown | -0.41% | -0.25% |
Correlation
The correlation between NEFLX and QQQ is -0.11. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
NEFLX vs. QQQ - Performance Comparison
In the year-to-date period, NEFLX achieves a 0.55% return, which is significantly lower than QQQ's 10.46% return. Over the past 10 years, NEFLX has underperformed QQQ with an annualized return of 0.93%, while QQQ has yielded a comparatively higher 18.79% 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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NEFLX vs. QQQ - Expense Ratio Comparison
NEFLX has a 0.69% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
NEFLX vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Loomis Sayles Limited Term Government And Agency Fund (NEFLX) 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
NEFLX vs. QQQ - Dividend Comparison
NEFLX's dividend yield for the trailing twelve months is around 3.81%, more than QQQ's 0.58% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NEFLX Loomis Sayles Limited Term Government And Agency Fund | 3.81% | 3.61% | 1.62% | 0.66% | 1.11% | 2.01% | 1.92% | 1.73% | 1.51% | 1.55% | 1.96% | 2.22% |
QQQ Invesco QQQ | 0.58% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.01% |
Drawdowns
NEFLX vs. QQQ - Drawdown Comparison
The maximum NEFLX drawdown since its inception was -24.95%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for NEFLX and QQQ. For additional features, visit the drawdowns tool.
Volatility
NEFLX vs. QQQ - Volatility Comparison
The current volatility for Loomis Sayles Limited Term Government And Agency Fund (NEFLX) is 0.65%, while Invesco QQQ (QQQ) has a volatility of 4.84%. This indicates that NEFLX 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.