QPX vs. IETC
Compare and contrast key facts about AdvisorShares Q Dynamic Growth ETF (QPX) and iShares Evolved U.S. Technology ETF (IETC).
QPX and IETC are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QPX is an actively managed fund by AdvisorShares. It was launched on Dec 28, 2020. IETC is an actively managed fund by iShares. It was launched on Mar 21, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: QPX or IETC.
Correlation
The correlation between QPX and IETC is 0.91, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
QPX vs. IETC - Performance Comparison
Loading data...
Key characteristics
QPX:
0.65
IETC:
0.88
QPX:
1.12
IETC:
1.43
QPX:
1.16
IETC:
1.20
QPX:
0.80
IETC:
1.05
QPX:
3.04
IETC:
3.54
QPX:
4.68%
IETC:
7.46%
QPX:
20.29%
IETC:
27.99%
QPX:
-34.75%
IETC:
-38.48%
QPX:
-1.08%
IETC:
-2.42%
Returns By Period
The year-to-date returns for both stocks are quite close, with QPX having a 2.96% return and IETC slightly lower at 2.91%.
QPX
2.96%
12.50%
4.42%
12.83%
N/A
N/A
IETC
2.91%
22.43%
8.67%
24.80%
21.08%
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
QPX vs. IETC - Expense Ratio Comparison
QPX has a 1.46% expense ratio, which is higher than IETC's 0.18% expense ratio.
Risk-Adjusted Performance
QPX vs. IETC — Risk-Adjusted Performance Rank
QPX
IETC
QPX vs. IETC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AdvisorShares Q Dynamic Growth ETF (QPX) and iShares Evolved U.S. Technology ETF (IETC). 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.
Loading data...
Dividends
QPX vs. IETC - Dividend Comparison
QPX has not paid dividends to shareholders, while IETC's dividend yield for the trailing twelve months is around 0.49%.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
---|---|---|---|---|---|---|---|---|
QPX AdvisorShares Q Dynamic Growth ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IETC iShares Evolved U.S. Technology ETF | 0.49% | 0.52% | 0.79% | 0.92% | 0.73% | 0.48% | 0.79% | 1.27% |
Drawdowns
QPX vs. IETC - Drawdown Comparison
The maximum QPX drawdown since its inception was -34.75%, smaller than the maximum IETC drawdown of -38.48%. Use the drawdown chart below to compare losses from any high point for QPX and IETC. For additional features, visit the drawdowns tool.
Loading data...
Volatility
QPX vs. IETC - Volatility Comparison
The current volatility for AdvisorShares Q Dynamic Growth ETF (QPX) is 4.48%, while iShares Evolved U.S. Technology ETF (IETC) has a volatility of 7.90%. This indicates that QPX experiences smaller price fluctuations and is considered to be less risky than IETC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...