QPX vs. ENFR
QPX (AdvisorShares Q Dynamic Growth ETF) and ENFR (Alerian Energy Infrastructure ETF) are both exchange-traded funds - QPX is a Large Cap Growth Equities fund actively managed by AdvisorShares, while ENFR is a Energy Equities fund tracking the Alerian Midstream Energy Select Index. QPX is actively managed, while ENFR is passively managed. Over the past 5 years, QPX returned 11.40%/yr vs 20.07%/yr for ENFR. At a 0.33 correlation, their price movements are largely independent. QPX charges 1.46%/yr vs 0.35%/yr for ENFR.
Performance
QPX vs. ENFR - Performance Comparison
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Returns By Period
In the year-to-date period, QPX achieves a 7.30% return, which is significantly lower than ENFR's 24.93% return.
QPX
- 1D
- -2.08%
- 1M
- -0.66%
- YTD
- 7.30%
- 6M
- 5.43%
- 1Y
- 26.59%
- 3Y*
- 19.68%
- 5Y*
- 11.40%
- 10Y*
- —
ENFR
- 1D
- 1.51%
- 1M
- -4.52%
- YTD
- 24.93%
- 6M
- 25.03%
- 1Y
- 27.76%
- 3Y*
- 28.90%
- 5Y*
- 20.07%
- 10Y*
- 11.98%
QPX vs. ENFR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
QPX AdvisorShares Q Dynamic Growth ETF | 7.30% | 24.12% | 17.28% | 44.63% | -30.90% | 22.29% | -0.31% |
ENFR Alerian Energy Infrastructure ETF | 24.93% | 5.88% | 42.17% | 15.63% | 17.48% | 39.97% | 0.00% |
Correlation
The correlation between QPX and ENFR is -0.10, 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 | -0.10 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.21 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.34 |
Correlation (All Time) Calculated using the full available price history since Dec 29, 2020 | 0.33 |
The correlation between QPX and ENFR shifts across timeframes, from -0.10 (1 year) to 0.34 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
QPX vs. ENFR — Risk / Return Rank
QPX
ENFR
QPX vs. ENFR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AdvisorShares Q Dynamic Growth ETF (QPX) and Alerian Energy Infrastructure ETF (ENFR). 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 | ENFR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.11 | ||
| Sortino ratioReturn per unit of downside risk | -0.21 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.32 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.31 | 3.23 | -0.92 |
| Martin ratioReturn relative to average drawdown | 8.92 | 8.24 | +0.68 |
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Drawdowns
QPX vs. ENFR - Drawdown Comparison
The maximum QPX drawdown since its inception was -34.74%, smaller than the maximum ENFR drawdown of -68.28%. Use the drawdown chart below to compare losses from any high point for QPX and ENFR.
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Drawdown Indicators
| QPX | ENFR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.74% | -68.28% | +33.54% |
Max Drawdown (1Y)Largest decline over 1 year | -11.56% | -8.64% | -2.92% |
Max Drawdown (3Y)Largest decline over 3 years | -17.89% | -15.58% | -2.31% |
Max Drawdown (5Y)Largest decline over 5 years | -34.74% | -20.29% | -14.45% |
Max Drawdown (10Y)Largest decline over 10 years | — | -62.64% | — |
Current DrawdownCurrent decline from peak | -3.86% | -4.71% | +0.85% |
Average DrawdownAverage peak-to-trough decline | -8.02% | -15.94% | +7.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.99% | 3.38% | -0.39% |
Volatility
QPX vs. ENFR - Volatility Comparison
AdvisorShares Q Dynamic Growth ETF (QPX) has a higher volatility of 6.59% compared to Alerian Energy Infrastructure ETF (ENFR) at 5.69%. This indicates that QPX's price experiences larger fluctuations and is considered to be riskier than ENFR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| QPX | ENFR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.59% | 5.69% | +0.90% |
Volatility (6M)Calculated over the trailing 6-month period | 12.42% | 11.60% | +0.82% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.13% | 14.86% | +0.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.09% | 19.25% | +0.84% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.07% | 24.68% | -4.61% |
QPX vs. ENFR - Expense Ratio Comparison
QPX has a 1.46% expense ratio, which is higher than ENFR's 0.35% expense ratio.
Dividends
QPX vs. ENFR - Dividend Comparison
QPX has not paid dividends to shareholders, while ENFR's dividend yield for the trailing twelve months is around 4.02%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ENFR Alerian Energy Infrastructure ETF | 4.02% | 4.77% | 4.41% | 5.48% | 5.23% | 7.86% | 7.57% | 5.81% | 3.98% | 2.98% | 3.31% | 3.34% |
QPX AdvisorShares Q Dynamic Growth ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
QPX and ENFR have a correlation of -0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
QPX has higher volatility (6.59%) compared to ENFR (5.69%). In terms of maximum drawdown, QPX dropped -34.74% vs ENFR's -68.28%.
On 5-year performance, ENFR leads with 20.07% vs 11.40% for QPX. On fees, ENFR is cheaper at 0.35% per year. On volatility, ENFR has been the lower-risk option at 5.69%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, ENFR has performed better with a 20.07% return vs 11.40%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
ENFR is cheaper with a 0.35% expense ratio, compared with 1.46% for QPX.
ENFR has the higher dividend yield at 4.02%, compared with 0.00% for QPX.
QPX is categorized as Large Cap Growth Equities, while ENFR is Energy Equities. They also come from different issuers: AdvisorShares and SS&C. Their fees differ too: 1.46% for QPX and 0.35% for ENFR.
ENFR currently has the higher Sharpe Ratio (1.88 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.
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