QQA vs. QQQN
Compare and contrast key facts about Invesco QQQ Income Advantage ETF (QQA) and VictoryShares Nasdaq Next 50 ETF (QQQN).
QQA and QQQN are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QQA is an actively managed fund by Invesco. It was launched on Jul 17, 2024. QQQN is a passively managed fund by Crestview that tracks the performance of the NASDAQ Q-50. It was launched on Sep 10, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: QQA or QQQN.
Correlation
The correlation between QQA and QQQN is 0.57, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
QQA vs. QQQN - Performance Comparison
Key characteristics
Returns By Period
QQA
2.11%
1.29%
15.25%
N/A
N/A
N/A
QQQN
N/A
N/A
N/A
N/A
N/A
N/A
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QQA vs. QQQN - Expense Ratio Comparison
QQA has a 0.29% expense ratio, which is higher than QQQN's 0.18% expense ratio.
Risk-Adjusted Performance
QQA vs. QQQN — Risk-Adjusted Performance Rank
QQA
QQQN
QQA vs. QQQN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco QQQ Income Advantage ETF (QQA) and VictoryShares Nasdaq Next 50 ETF (QQQN). 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.
Not enough dataDividends
QQA vs. QQQN - Dividend Comparison
QQA's dividend yield for the trailing twelve months is around 5.09%, while QQQN has not paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
QQA Invesco QQQ Income Advantage ETF | 5.09% | 4.29% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQN VictoryShares Nasdaq Next 50 ETF | 0.70% | 0.72% | 0.64% | 0.90% | 0.33% | 0.13% |
Drawdowns
QQA vs. QQQN - Drawdown Comparison
Volatility
QQA vs. QQQN - Volatility Comparison
Invesco QQQ Income Advantage ETF (QQA) has a higher volatility of 5.14% compared to VictoryShares Nasdaq Next 50 ETF (QQQN) at 0.00%. This indicates that QQA's price experiences larger fluctuations and is considered to be riskier than QQQN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.