PXTIX vs. QQQI
Compare and contrast key facts about PIMCO RAE PLUS Fund (PXTIX) and NEOS Nasdaq 100 High Income ETF (QQQI).
PXTIX is managed by PIMCO. It was launched on Jun 30, 2005. QQQI is an actively managed fund by Neos Investments. It was launched on Jan 30, 2024.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PXTIX or QQQI.
Correlation
The correlation between PXTIX and QQQI is 0.66, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
PXTIX vs. QQQI - Performance Comparison
Key characteristics
PXTIX:
1.24
QQQI:
1.71
PXTIX:
1.75
QQQI:
2.30
PXTIX:
1.22
QQQI:
1.33
PXTIX:
2.07
QQQI:
2.26
PXTIX:
5.24
QQQI:
9.63
PXTIX:
3.18%
QQQI:
2.51%
PXTIX:
13.46%
QQQI:
14.13%
PXTIX:
-74.29%
QQQI:
-10.67%
PXTIX:
-0.19%
QQQI:
-0.26%
Returns By Period
In the year-to-date period, PXTIX achieves a 6.92% return, which is significantly higher than QQQI's 4.83% return.
PXTIX
6.92%
2.29%
7.34%
16.77%
10.02%
6.46%
QQQI
4.83%
2.39%
14.31%
25.23%
N/A
N/A
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PXTIX vs. QQQI - Expense Ratio Comparison
PXTIX has a 0.80% expense ratio, which is higher than QQQI's 0.68% expense ratio.
Risk-Adjusted Performance
PXTIX vs. QQQI — Risk-Adjusted Performance Rank
PXTIX
QQQI
PXTIX vs. QQQI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO RAE PLUS Fund (PXTIX) and NEOS Nasdaq 100 High Income ETF (QQQI). 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
PXTIX vs. QQQI - Dividend Comparison
PXTIX's dividend yield for the trailing twelve months is around 7.51%, less than QQQI's 12.46% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PXTIX PIMCO RAE PLUS Fund | 7.51% | 12.78% | 2.58% | 7.40% | 17.50% | 7.43% | 2.52% | 2.61% | 5.64% | 0.00% | 3.91% | 6.29% |
QQQI NEOS Nasdaq 100 High Income ETF | 12.46% | 12.85% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
PXTIX vs. QQQI - Drawdown Comparison
The maximum PXTIX drawdown since its inception was -74.29%, which is greater than QQQI's maximum drawdown of -10.67%. Use the drawdown chart below to compare losses from any high point for PXTIX and QQQI. For additional features, visit the drawdowns tool.
Volatility
PXTIX vs. QQQI - Volatility Comparison
The current volatility for PIMCO RAE PLUS Fund (PXTIX) is 3.07%, while NEOS Nasdaq 100 High Income ETF (QQQI) has a volatility of 3.53%. This indicates that PXTIX experiences smaller price fluctuations and is considered to be less risky than QQQI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.