QOWZ vs. FMAG

In the year-to-date period, QOWZ achieves a 0.21% return, which is significantly lower than FMAG's 5.37% return.

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

QOWZ has a 0.39% expense ratio, which is lower than FMAG's 0.59% expense ratio.

This table presents a comparison of risk-adjusted performance metrics for Invesco Nasdaq Free Cash Flow Achievers ETF (QOWZ) and Fidelity Magellan ETF (FMAG). 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 QOWZ Sharpe Ratio is 0.85, which is comparable to the FMAG Sharpe Ratio of 0.72. The chart below compares the historical Sharpe Ratios of QOWZ and FMAG, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

QOWZ's dividend yield for the trailing twelve months is around 0.66%, more than FMAG's 0.12% yield.

The maximum QOWZ drawdown since its inception was -20.36%, smaller than the maximum FMAG drawdown of -32.93%. Use the drawdown chart below to compare losses from any high point for QOWZ and FMAG.

Invesco Nasdaq Free Cash Flow Achievers ETF (QOWZ) has a higher volatility of 5.58% compared to Fidelity Magellan ETF (FMAG) at 4.57%. This indicates that QOWZ's price experiences larger fluctuations and is considered to be riskier than FMAG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.