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QPX vs. STLG
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between QPX and STLG is 0.96, 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.


-0.50.00.51.01.0

Performance

QPX vs. STLG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AdvisorShares Q Dynamic Growth ETF (QPX) and iShares Factors US Growth Style ETF (STLG). The values are adjusted to include any dividend payments, if applicable.

30.00%40.00%50.00%60.00%70.00%80.00%90.00%JulyAugustSeptemberOctoberNovemberDecember
46.52%
84.73%
QPX
STLG

Key characteristics

Sharpe Ratio

QPX:

1.32

STLG:

2.20

Sortino Ratio

QPX:

1.83

STLG:

2.85

Omega Ratio

QPX:

1.24

STLG:

1.39

Calmar Ratio

QPX:

1.77

STLG:

3.07

Martin Ratio

QPX:

7.12

STLG:

11.58

Ulcer Index

QPX:

2.64%

STLG:

3.57%

Daily Std Dev

QPX:

14.24%

STLG:

18.78%

Max Drawdown

QPX:

-34.75%

STLG:

-31.34%

Current Drawdown

QPX:

-2.16%

STLG:

-1.14%

Returns By Period

In the year-to-date period, QPX achieves a 19.43% return, which is significantly lower than STLG's 41.91% return.


QPX

YTD

19.43%

1M

0.88%

6M

7.80%

1Y

18.92%

5Y*

N/A

10Y*

N/A

STLG

YTD

41.91%

1M

4.69%

6M

12.27%

1Y

41.53%

5Y*

N/A

10Y*

N/A

*Annualized

Compare stocks, funds, or ETFs

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QPX vs. STLG - Expense Ratio Comparison

QPX has a 1.46% expense ratio, which is higher than STLG's 0.25% expense ratio.


QPX
AdvisorShares Q Dynamic Growth ETF
Expense ratio chart for QPX: current value at 1.46% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.46%
Expense ratio chart for STLG: current value at 0.25% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.25%

Risk-Adjusted Performance

QPX vs. STLG - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for AdvisorShares Q Dynamic Growth ETF (QPX) and iShares Factors US Growth Style ETF (STLG). 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.


Sharpe ratio
The chart of Sharpe ratio for QPX, currently valued at 1.32, compared to the broader market0.002.004.001.322.21
The chart of Sortino ratio for QPX, currently valued at 1.83, compared to the broader market-2.000.002.004.006.008.0010.001.832.86
The chart of Omega ratio for QPX, currently valued at 1.24, compared to the broader market0.501.001.502.002.503.001.241.39
The chart of Calmar ratio for QPX, currently valued at 1.77, compared to the broader market0.005.0010.0015.001.773.08
The chart of Martin ratio for QPX, currently valued at 7.12, compared to the broader market0.0020.0040.0060.0080.00100.007.1211.62
QPX
STLG

The current QPX Sharpe Ratio is 1.32, which is lower than the STLG Sharpe Ratio of 2.20. The chart below compares the historical Sharpe Ratios of QPX and STLG, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
1.32
2.21
QPX
STLG

Dividends

QPX vs. STLG - Dividend Comparison

QPX has not paid dividends to shareholders, while STLG's dividend yield for the trailing twelve months is around 0.10%.


TTM2023202220212020
QPX
AdvisorShares Q Dynamic Growth ETF
0.00%0.00%0.00%0.00%0.00%
STLG
iShares Factors US Growth Style ETF
0.10%0.10%0.14%0.00%0.75%

Drawdowns

QPX vs. STLG - Drawdown Comparison

The maximum QPX drawdown since its inception was -34.75%, which is greater than STLG's maximum drawdown of -31.34%. Use the drawdown chart below to compare losses from any high point for QPX and STLG. For additional features, visit the drawdowns tool.


-14.00%-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-2.16%
-1.14%
QPX
STLG

Volatility

QPX vs. STLG - Volatility Comparison

The current volatility for AdvisorShares Q Dynamic Growth ETF (QPX) is 4.06%, while iShares Factors US Growth Style ETF (STLG) has a volatility of 6.09%. This indicates that QPX experiences smaller price fluctuations and is considered to be less risky than STLG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
4.06%
6.09%
QPX
STLG
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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