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POLIX vs. QQQ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

POLIX vs. QQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Polen Growth Fund (POLIX) and Invesco QQQ (QQQ). The values are adjusted to include any dividend payments, if applicable.

-5.00%0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
10.48%
10.78%
POLIX
QQQ

Returns By Period

In the year-to-date period, POLIX achieves a 16.91% return, which is significantly lower than QQQ's 24.04% return. Over the past 10 years, POLIX has underperformed QQQ with an annualized return of 10.29%, while QQQ has yielded a comparatively higher 18.03% annualized return.


POLIX

YTD

16.91%

1M

5.31%

6M

10.48%

1Y

21.83%

5Y (annualized)

8.17%

10Y (annualized)

10.29%

QQQ

YTD

24.04%

1M

3.57%

6M

10.78%

1Y

30.56%

5Y (annualized)

20.99%

10Y (annualized)

18.03%

Key characteristics


POLIXQQQ
Sharpe Ratio1.481.76
Sortino Ratio1.992.35
Omega Ratio1.271.32
Calmar Ratio0.712.25
Martin Ratio8.508.18
Ulcer Index2.57%3.74%
Daily Std Dev14.71%17.36%
Max Drawdown-49.68%-82.98%
Current Drawdown-15.89%-1.62%

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POLIX vs. QQQ - Expense Ratio Comparison

POLIX has a 0.96% expense ratio, which is higher than QQQ's 0.20% expense ratio.


POLIX
Polen Growth Fund
Expense ratio chart for POLIX: current value at 0.96% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.96%
Expense ratio chart for QQQ: current value at 0.20% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.20%

Correlation

-0.50.00.51.00.9

The correlation between POLIX and QQQ is 0.91, 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

POLIX vs. QQQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Polen Growth Fund (POLIX) 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.


Sharpe ratio
The chart of Sharpe ratio for POLIX, currently valued at 1.48, compared to the broader market-1.000.001.002.003.004.005.001.481.76
The chart of Sortino ratio for POLIX, currently valued at 1.99, compared to the broader market0.005.0010.001.992.35
The chart of Omega ratio for POLIX, currently valued at 1.27, compared to the broader market1.002.003.004.001.271.32
The chart of Calmar ratio for POLIX, currently valued at 0.71, compared to the broader market0.005.0010.0015.0020.000.712.25
The chart of Martin ratio for POLIX, currently valued at 8.50, compared to the broader market0.0020.0040.0060.0080.00100.008.508.18
POLIX
QQQ

The current POLIX Sharpe Ratio is 1.48, which is comparable to the QQQ Sharpe Ratio of 1.76. The chart below compares the historical Sharpe Ratios of POLIX and QQQ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio0.501.001.502.002.50JuneJulyAugustSeptemberOctoberNovember
1.48
1.76
POLIX
QQQ

Dividends

POLIX vs. QQQ - Dividend Comparison

POLIX has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.60%.


TTM20232022202120202019201820172016201520142013
POLIX
Polen Growth Fund
0.00%0.00%0.00%0.00%0.00%0.12%0.00%0.00%0.01%0.00%0.10%0.23%
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

POLIX vs. QQQ - Drawdown Comparison

The maximum POLIX drawdown since its inception was -49.68%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for POLIX and QQQ. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-15.89%
-1.62%
POLIX
QQQ

Volatility

POLIX vs. QQQ - Volatility Comparison

The current volatility for Polen Growth Fund (POLIX) is 4.73%, while Invesco QQQ (QQQ) has a volatility of 5.36%. This indicates that POLIX 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.


3.00%4.00%5.00%6.00%7.00%8.00%9.00%JuneJulyAugustSeptemberOctoberNovember
4.73%
5.36%
POLIX
QQQ