NUSI vs. QQQ
Compare and contrast key facts about Nationwide Risk-Managed Income ETF (NUSI) and Invesco QQQ (QQQ).
NUSI and QQQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. NUSI is an actively managed fund by Nationwide. It was launched on Dec 19, 2019. 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: NUSI or QQQ.
Key characteristics
| NUSI | QQQ | |
|---|---|---|
| YTD Return | 25.11% | 25.63% |
| 1Y Return | 31.27% | 33.85% |
| 3Y Return (Ann) | 5.23% | 9.83% |
| Sharpe Ratio | 2.85 | 2.12 |
| Sortino Ratio | 4.13 | 2.79 |
| Omega Ratio | 1.58 | 1.38 |
| Calmar Ratio | 2.54 | 2.71 |
| Martin Ratio | 15.92 | 9.88 |
| Ulcer Index | 2.17% | 3.72% |
| Daily Std Dev | 12.10% | 17.31% |
| Max Drawdown | -31.24% | -82.98% |
| Current Drawdown | -0.02% | -0.37% |
Correlation
The correlation between NUSI and QQQ is 0.89, 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.
Performance
NUSI vs. QQQ - Performance Comparison
The year-to-date returns for both investments are quite close, with NUSI having a 25.11% return and QQQ slightly higher at 25.63%. 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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NUSI vs. QQQ - Expense Ratio Comparison
NUSI has a 0.68% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
NUSI vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Nationwide Risk-Managed Income ETF (NUSI) 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
NUSI vs. QQQ - Dividend Comparison
NUSI's dividend yield for the trailing twelve months is around 7.13%, more than QQQ's 0.59% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NUSI Nationwide Risk-Managed Income ETF | 7.13% | 7.17% | 9.05% | 7.77% | 7.48% | 0.65% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQ Invesco QQQ | 0.59% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.02% |
Drawdowns
NUSI vs. QQQ - Drawdown Comparison
The maximum NUSI drawdown since its inception was -31.24%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for NUSI and QQQ. For additional features, visit the drawdowns tool.
Volatility
NUSI vs. QQQ - Volatility Comparison
The current volatility for Nationwide Risk-Managed Income ETF (NUSI) is 3.65%, while Invesco QQQ (QQQ) has a volatility of 4.91%. This indicates that NUSI 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.