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QMID vs. TEKX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

QMID vs. TEKX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree U.S. MidCap Quality Growth Fund (QMID) and SPDR Galaxy Transformative Tech Accelerators ETF (TEKX). The values are adjusted to include any dividend payments, if applicable.

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QMID vs. TEKX - Yearly Performance Comparison


Returns By Period

In the year-to-date period, QMID achieves a -3.53% return, which is significantly lower than TEKX's 4.61% return.


QMID

1D
0.63%
1M
-6.49%
YTD
-3.53%
6M
-3.38%
1Y
7.74%
3Y*
5Y*
10Y*

TEKX

1D
2.15%
1M
-9.79%
YTD
4.61%
6M
0.67%
1Y
82.76%
3Y*
5Y*
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

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QMID vs. TEKX - Expense Ratio Comparison

QMID has a 0.38% expense ratio, which is lower than TEKX's 0.65% expense ratio.


Return for Risk

QMID vs. TEKX — Risk / Return Rank

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

QMID
QMID Risk / Return Rank: 2323
Overall Rank
QMID Sharpe Ratio Rank: 2222
Sharpe Ratio Rank
QMID Sortino Ratio Rank: 2323
Sortino Ratio Rank
QMID Omega Ratio Rank: 2222
Omega Ratio Rank
QMID Calmar Ratio Rank: 2424
Calmar Ratio Rank
QMID Martin Ratio Rank: 2626
Martin Ratio Rank

TEKX
TEKX Risk / Return Rank: 8989
Overall Rank
TEKX Sharpe Ratio Rank: 8888
Sharpe Ratio Rank
TEKX Sortino Ratio Rank: 8888
Sortino Ratio Rank
TEKX Omega Ratio Rank: 8080
Omega Ratio Rank
TEKX Calmar Ratio Rank: 9696
Calmar Ratio Rank
TEKX Martin Ratio Rank: 9393
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

QMID vs. TEKX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree U.S. MidCap Quality Growth Fund (QMID) and SPDR Galaxy Transformative Tech Accelerators ETF (TEKX). 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.


QMIDTEKXDifference

Sharpe ratio

Return per unit of total volatility

0.38

1.95

-1.57

Sortino ratio

Return per unit of downside risk

0.70

2.57

-1.87

Omega ratio

Gain probability vs. loss probability

1.09

1.33

-0.24

Calmar ratio

Return relative to maximum drawdown

0.59

4.99

-4.40

Martin ratio

Return relative to average drawdown

2.34

15.06

-12.73

QMID vs. TEKX - Sharpe Ratio Comparison

The current QMID Sharpe Ratio is 0.38, which is lower than the TEKX Sharpe Ratio of 1.95. The chart below compares the historical Sharpe Ratios of QMID and TEKX, 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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Sharpe Ratios by Period


QMIDTEKXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.38

1.95

-1.57

Sharpe Ratio (All Time)

Calculated using the full available price history

0.26

0.90

-0.65

Correlation

The correlation between QMID and TEKX is 0.62, 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.


Dividends

QMID vs. TEKX - Dividend Comparison

QMID's dividend yield for the trailing twelve months is around 0.53%, more than TEKX's 0.34% yield.


Drawdowns

QMID vs. TEKX - Drawdown Comparison

The maximum QMID drawdown since its inception was -24.42%, smaller than the maximum TEKX drawdown of -45.57%. Use the drawdown chart below to compare losses from any high point for QMID and TEKX.


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Drawdown Indicators


QMIDTEKXDifference

Max Drawdown

Largest peak-to-trough decline

-24.42%

-45.57%

+21.15%

Max Drawdown (1Y)

Largest decline over 1 year

-13.65%

-17.92%

+4.27%

Current Drawdown

Current decline from peak

-7.52%

-12.15%

+4.63%

Average Drawdown

Average peak-to-trough decline

-5.63%

-11.24%

+5.61%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.47%

5.94%

-2.47%

Volatility

QMID vs. TEKX - Volatility Comparison

The current volatility for WisdomTree U.S. MidCap Quality Growth Fund (QMID) is 5.44%, while SPDR Galaxy Transformative Tech Accelerators ETF (TEKX) has a volatility of 13.78%. This indicates that QMID experiences smaller price fluctuations and is considered to be less risky than TEKX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


QMIDTEKXDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.44%

13.78%

-8.34%

Volatility (6M)

Calculated over the trailing 6-month period

11.46%

28.69%

-17.23%

Volatility (1Y)

Calculated over the trailing 1-year period

20.54%

42.84%

-22.30%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

18.83%

44.83%

-26.00%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.83%

44.83%

-26.00%