QPX vs. BAMU

Last updated Jun 24, 2026

QPX (AdvisorShares Q Dynamic Growth ETF) and BAMU (Brookstone Ultra-Short Bond ETF) are both exchange-traded funds - QPX is a Large Cap Growth Equities fund actively managed by AdvisorShares, while BAMU is a Ultrashort Bond fund actively managed by Brookstone. Both are actively managed. Over the past year, QPX returned 26.59% vs 2.87% for BAMU. At a correlation of -0.01, they often move in opposite directions. QPX charges 1.46%/yr vs 1.09%/yr for BAMU.

Performance

QPX vs. BAMU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AdvisorShares Q Dynamic Growth ETF (QPX) and Brookstone Ultra-Short Bond ETF (BAMU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, QPX achieves a 7.30% return, which is significantly higher than BAMU's 1.18% return.

QPX

• 1D: -2.08%
• 1M: -0.66%
• YTD: 7.30%
• 6M: 5.43%
• 1Y: 26.59%
• 3Y*: 19.68%
• 5Y*: 11.40%
• 10Y*: —

BAMU

• 1D: 0.00%
• 1M: 0.16%
• YTD: 1.18%
• 6M: 1.29%
• 1Y: 2.87%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

QPX vs. BAMU - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
QPX AdvisorShares Q Dynamic Growth ETF	7.30%	24.12%	17.28%	12.26%
BAMU Brookstone Ultra-Short Bond ETF	1.18%	3.21%	4.14%	1.20%

Correlation

The correlation between QPX and BAMU is -0.14, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.14
Correlation (All Time) Calculated using the full available price history since Sep 27, 2023	-0.01

The correlation between QPX and BAMU shifts across timeframes, from -0.14 (1 year) to -0.01 (all time), reflecting how their relationship changes across market environments.

Return for Risk

QPX vs. BAMU — Risk / Return Rank

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

QPX

QPX Risk / Return Rank: 53
QPX Sharpe Ratio Rank: 56
QPX Sortino Ratio Rank: 52
QPX Omega Ratio Rank: 53
QPX Calmar Ratio Rank: 50
QPX Martin Ratio Rank: 54

BAMU

BAMU Risk / Return Rank: 98
BAMU Sharpe Ratio Rank: 98
BAMU Sortino Ratio Rank: 98
BAMU Omega Ratio Rank: 98
BAMU Calmar Ratio Rank: 99
BAMU Martin Ratio Rank: 99

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.

QPX vs. BAMU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AdvisorShares Q Dynamic Growth ETF (QPX) and Brookstone Ultra-Short Bond ETF (BAMU). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	QPX	BAMU	Difference
Sharpe ratio: Return per unit of total volatility	1.77	4.94	-3.17
Sortino ratio: Return per unit of downside risk	2.38	8.71	-6.34
Omega ratio: Gain probability vs. loss probability	1.31	2.41	-1.10
Calmar ratio: Return relative to maximum drawdown	2.31	24.37	-22.06
Martin ratio: Return relative to average drawdown	8.92	96.52	-87.61

QPX vs. BAMU - Sharpe Ratio Comparison

The current QPX Sharpe Ratio is 1.77, which is lower than the BAMU Sharpe Ratio of 4.94. The chart below compares the historical Sharpe Ratios of QPX and BAMU, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

QPX vs. BAMU - Drawdown Comparison

The maximum QPX drawdown since its inception was -34.74%, which is greater than BAMU's maximum drawdown of -0.36%. Use the drawdown chart below to compare losses from any high point for QPX and BAMU.

Drawdown Indicators

	QPX	BAMU	Difference
Max Drawdown Largest peak-to-trough decline	-34.74%	-0.36%	-34.38%
Max Drawdown (1Y) Largest decline over 1 year	-11.56%	-0.12%	-11.44%
Max Drawdown (3Y) Largest decline over 3 years	-17.89%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-34.74%	—	—
Current Drawdown Current decline from peak	-3.86%	0.00%	-3.86%
Average Drawdown Average peak-to-trough decline	-8.02%	-0.02%	-8.00%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.99%	0.03%	+2.96%

Volatility

QPX vs. BAMU - Volatility Comparison

AdvisorShares Q Dynamic Growth ETF (QPX) has a higher volatility of 6.59% compared to Brookstone Ultra-Short Bond ETF (BAMU) at 0.09%. This indicates that QPX's price experiences larger fluctuations and is considered to be riskier than BAMU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QPX	BAMU	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.59%	0.09%	+6.50%
Volatility (6M) Calculated over the trailing 6-month period	12.42%	0.39%	+12.03%
Volatility (1Y) Calculated over the trailing 1-year period	15.13%	0.58%	+14.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.09%	0.87%	+19.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.07%	0.87%	+19.20%

QPX vs. BAMU - Expense Ratio Comparison

QPX has a 1.46% expense ratio, which is higher than BAMU's 1.09% expense ratio.

Dividends

QPX vs. BAMU - Dividend Comparison

QPX has not paid dividends to shareholders, while BAMU's dividend yield for the trailing twelve months is around 3.05%.

Position	TTM	2025	2024	2023
BAMU Brookstone Ultra-Short Bond ETF	3.05%	3.20%	3.97%	0.84%
QPX AdvisorShares Q Dynamic Growth ETF	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both QPX and BAMU in my portfolio?

QPX and BAMU have a correlation of -0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, QPX or BAMU?

QPX has higher volatility (6.59%) compared to BAMU (0.09%). In terms of maximum drawdown, QPX dropped -34.74% vs BAMU's -0.36%.

Which ETF is better, QPX or BAMU?

On 1-year performance, QPX leads with 26.59% vs 2.87% for BAMU. On fees, BAMU is cheaper at 1.09% per year. On volatility, BAMU has been the lower-risk option at 0.09%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, QPX or BAMU?

Over the 1-year period, QPX has performed better with a 26.59% return vs 2.87%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, QPX or BAMU?

BAMU is cheaper with a 1.09% expense ratio, compared with 1.46% for QPX.

Which ETF pays a higher dividend yield, QPX or BAMU?

BAMU has the higher dividend yield at 3.05%, compared with 0.00% for QPX.

What is the main difference between QPX and BAMU?

QPX is categorized as Large Cap Growth Equities, while BAMU is Ultrashort Bond. They also come from different issuers: AdvisorShares and Brookstone. Their fees differ too: 1.46% for QPX and 1.09% for BAMU.

Which has better risk-adjusted returns?

BAMU currently has the higher Sharpe Ratio (4.94 vs 1.77), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.