QGRO vs. IWY
Compare and contrast key facts about American Century STOXX U.S. Quality Growth ETF (QGRO) and iShares Russell Top 200 Growth ETF (IWY).
QGRO and IWY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QGRO is a passively managed fund by American Century Investments that tracks the performance of the iSTOXX American Century USA Quality Growth (USD)(GR). It was launched on Sep 10, 2018. IWY is a passively managed fund by iShares that tracks the performance of the Russell Top 200 Growth Index. It was launched on Sep 22, 2009. Both QGRO and IWY are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: QGRO or IWY.
Key characteristics
| QGRO | IWY | |
|---|---|---|
| YTD Return | 33.34% | 32.87% |
| 1Y Return | 46.90% | 41.96% |
| 3Y Return (Ann) | 9.46% | 11.84% |
| 5Y Return (Ann) | 19.17% | 21.41% |
| Sharpe Ratio | 3.25 | 2.59 |
| Sortino Ratio | 4.32 | 3.31 |
| Omega Ratio | 1.56 | 1.47 |
| Calmar Ratio | 4.12 | 3.24 |
| Martin Ratio | 19.41 | 12.33 |
| Ulcer Index | 2.54% | 3.64% |
| Daily Std Dev | 15.13% | 17.26% |
| Max Drawdown | -32.57% | -32.68% |
| Current Drawdown | 0.00% | -0.15% |
Correlation
The correlation between QGRO and IWY is 0.88, 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
QGRO vs. IWY - Performance Comparison
The year-to-date returns for both stocks are quite close, with QGRO having a 33.34% return and IWY slightly lower at 32.87%. 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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QGRO vs. IWY - Expense Ratio Comparison
QGRO has a 0.29% expense ratio, which is higher than IWY's 0.20% expense ratio.
Risk-Adjusted Performance
QGRO vs. IWY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Century STOXX U.S. Quality Growth ETF (QGRO) and iShares Russell Top 200 Growth ETF (IWY). 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
QGRO vs. IWY - Dividend Comparison
QGRO's dividend yield for the trailing twelve months is around 0.29%, less than IWY's 0.49% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
QGRO American Century STOXX U.S. Quality Growth ETF | 0.29% | 0.41% | 0.46% | 0.31% | 0.22% | 0.38% | 0.13% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IWY iShares Russell Top 200 Growth ETF | 0.49% | 0.68% | 0.88% | 0.50% | 0.71% | 1.06% | 1.32% | 1.26% | 1.51% | 1.58% | 1.44% | 1.56% |
Drawdowns
QGRO vs. IWY - Drawdown Comparison
The maximum QGRO drawdown since its inception was -32.57%, roughly equal to the maximum IWY drawdown of -32.68%. Use the drawdown chart below to compare losses from any high point for QGRO and IWY. For additional features, visit the drawdowns tool.
Volatility
QGRO vs. IWY - Volatility Comparison
American Century STOXX U.S. Quality Growth ETF (QGRO) and iShares Russell Top 200 Growth ETF (IWY) have volatilities of 5.13% and 5.27%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.