NTSX vs. QQQ
Compare and contrast key facts about WisdomTree U.S. Efficient Core Fund (NTSX) and Invesco QQQ (QQQ).
NTSX and QQQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. NTSX is an actively managed fund by WisdomTree. It was launched on Aug 2, 2018. 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: NTSX or QQQ.
Performance
NTSX vs. QQQ - Performance Comparison
Returns By Period
In the year-to-date period, NTSX achieves a 22.26% return, which is significantly lower than QQQ's 23.84% return.
NTSX
22.26%
1.32%
13.14%
29.58%
11.88%
N/A
QQQ
23.84%
1.82%
11.65%
30.35%
20.97%
18.03%
Key characteristics
| NTSX | QQQ | |
|---|---|---|
| Sharpe Ratio | 2.43 | 1.78 |
| Sortino Ratio | 3.30 | 2.37 |
| Omega Ratio | 1.42 | 1.32 |
| Calmar Ratio | 2.04 | 2.28 |
| Martin Ratio | 15.76 | 8.27 |
| Ulcer Index | 1.92% | 3.73% |
| Daily Std Dev | 12.47% | 17.37% |
| Max Drawdown | -31.34% | -82.98% |
| Current Drawdown | -0.91% | -1.78% |
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NTSX vs. QQQ - Expense Ratio Comparison
Both NTSX and QQQ have an expense ratio of 0.20%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Correlation
The correlation between NTSX and QQQ is 0.87, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Risk-Adjusted Performance
NTSX vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree U.S. Efficient Core Fund (NTSX) 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
NTSX vs. QQQ - Dividend Comparison
NTSX's dividend yield for the trailing twelve months is around 1.05%, more than QQQ's 0.60% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NTSX WisdomTree U.S. Efficient Core Fund | 1.05% | 1.21% | 1.36% | 0.82% | 0.92% | 1.53% | 0.62% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQ Invesco QQQ | 0.60% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.02% |
Drawdowns
NTSX vs. QQQ - Drawdown Comparison
The maximum NTSX drawdown since its inception was -31.34%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for NTSX and QQQ. For additional features, visit the drawdowns tool.
Volatility
NTSX vs. QQQ - Volatility Comparison
The current volatility for WisdomTree U.S. Efficient Core Fund (NTSX) is 3.78%, while Invesco QQQ (QQQ) has a volatility of 5.41%. This indicates that NTSX 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.