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QMAX.TO vs. TECH
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between QMAX.TO and TECH is 0.45, 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

QMAX.TO vs. TECH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hamilton Technology YIELD MAXIMIZER ETF (QMAX.TO) and Bio-Techne Corporation (TECH). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

QMAX.TO:

0.61

TECH:

-1.03

Sortino Ratio

QMAX.TO:

1.02

TECH:

-1.49

Omega Ratio

QMAX.TO:

1.14

TECH:

0.82

Calmar Ratio

QMAX.TO:

0.66

TECH:

-0.63

Martin Ratio

QMAX.TO:

1.91

TECH:

-2.06

Ulcer Index

QMAX.TO:

9.32%

TECH:

19.72%

Daily Std Dev

QMAX.TO:

29.38%

TECH:

39.95%

Max Drawdown

QMAX.TO:

-26.77%

TECH:

-74.39%

Current Drawdown

QMAX.TO:

-6.37%

TECH:

-62.70%

Returns By Period

In the year-to-date period, QMAX.TO achieves a -1.82% return, which is significantly higher than TECH's -31.39% return.


QMAX.TO

YTD

-1.82%

1M

22.61%

6M

3.52%

1Y

17.98%

3Y*

N/A

5Y*

N/A

10Y*

N/A

TECH

YTD

-31.39%

1M

2.62%

6M

-26.09%

1Y

-40.91%

3Y*

-18.20%

5Y*

-5.63%

10Y*

7.52%

*Annualized

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Bio-Techne Corporation

Risk-Adjusted Performance

QMAX.TO vs. TECH — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

QMAX.TO
The Risk-Adjusted Performance Rank of QMAX.TO is 5959
Overall Rank
The Sharpe Ratio Rank of QMAX.TO is 5959
Sharpe Ratio Rank
The Sortino Ratio Rank of QMAX.TO is 6161
Sortino Ratio Rank
The Omega Ratio Rank of QMAX.TO is 5959
Omega Ratio Rank
The Calmar Ratio Rank of QMAX.TO is 6565
Calmar Ratio Rank
The Martin Ratio Rank of QMAX.TO is 5353
Martin Ratio Rank

TECH
The Risk-Adjusted Performance Rank of TECH is 66
Overall Rank
The Sharpe Ratio Rank of TECH is 33
Sharpe Ratio Rank
The Sortino Ratio Rank of TECH is 66
Sortino Ratio Rank
The Omega Ratio Rank of TECH is 77
Omega Ratio Rank
The Calmar Ratio Rank of TECH is 1111
Calmar Ratio Rank
The Martin Ratio Rank of TECH is 00
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

QMAX.TO vs. TECH - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Hamilton Technology YIELD MAXIMIZER ETF (QMAX.TO) and Bio-Techne Corporation (TECH). 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.


The current QMAX.TO Sharpe Ratio is 0.61, which is higher than the TECH Sharpe Ratio of -1.03. The chart below compares the historical Sharpe Ratios of QMAX.TO and TECH, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

QMAX.TO vs. TECH - Dividend Comparison

QMAX.TO's dividend yield for the trailing twelve months is around 11.76%, more than TECH's 0.65% yield.


TTM20242023202220212020201920182017201620152014
QMAX.TO
Hamilton Technology YIELD MAXIMIZER ETF
11.76%10.90%2.01%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
TECH
Bio-Techne Corporation
0.65%0.44%0.41%0.77%0.25%0.40%0.58%0.88%0.99%1.24%1.42%1.35%

Drawdowns

QMAX.TO vs. TECH - Drawdown Comparison

The maximum QMAX.TO drawdown since its inception was -26.77%, smaller than the maximum TECH drawdown of -74.39%. Use the drawdown chart below to compare losses from any high point for QMAX.TO and TECH. For additional features, visit the drawdowns tool.


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Volatility

QMAX.TO vs. TECH - Volatility Comparison

The current volatility for Hamilton Technology YIELD MAXIMIZER ETF (QMAX.TO) is 7.80%, while Bio-Techne Corporation (TECH) has a volatility of 14.20%. This indicates that QMAX.TO experiences smaller price fluctuations and is considered to be less risky than TECH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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