QQH vs. IETC
Compare and contrast key facts about HCM Defender 100 Index ETF (QQH) and iShares Evolved U.S. Technology ETF (IETC).
QQH and IETC are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QQH is a passively managed fund by Howard Capital Management that tracks the performance of the HCM Defender 100 Index. It was launched on Oct 10, 2019. 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: QQH or IETC.
Performance
QQH vs. IETC - Performance Comparison
Returns By Period
In the year-to-date period, QQH achieves a 27.19% return, which is significantly lower than IETC's 30.28% return.
QQH
27.19%
1.15%
13.23%
35.56%
18.72%
N/A
IETC
30.28%
0.52%
14.85%
39.67%
21.99%
N/A
Key characteristics
| QQH | IETC | |
|---|---|---|
| Sharpe Ratio | 1.72 | 2.11 |
| Sortino Ratio | 2.29 | 2.76 |
| Omega Ratio | 1.31 | 1.38 |
| Calmar Ratio | 1.86 | 3.44 |
| Martin Ratio | 7.03 | 13.38 |
| Ulcer Index | 5.07% | 2.96% |
| Daily Std Dev | 20.70% | 18.79% |
| Max Drawdown | -41.87% | -38.48% |
| Current Drawdown | -4.67% | -3.69% |
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QQH vs. IETC - Expense Ratio Comparison
QQH has a 1.14% expense ratio, which is higher than IETC's 0.18% expense ratio.
Correlation
The correlation between QQH and IETC is 0.90, 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.
Risk-Adjusted Performance
QQH vs. IETC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for HCM Defender 100 Index ETF (QQH) 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.
Dividends
QQH vs. IETC - Dividend Comparison
QQH's dividend yield for the trailing twelve months is around 0.21%, less than IETC's 0.57% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
QQH HCM Defender 100 Index ETF | 0.21% | 0.27% | 0.00% | 0.00% | 0.00% | 0.21% | 0.00% |
IETC iShares Evolved U.S. Technology ETF | 0.57% | 0.79% | 0.92% | 0.73% | 0.48% | 0.79% | 1.27% |
Drawdowns
QQH vs. IETC - Drawdown Comparison
The maximum QQH drawdown since its inception was -41.87%, which is greater than IETC's maximum drawdown of -38.48%. Use the drawdown chart below to compare losses from any high point for QQH and IETC. For additional features, visit the drawdowns tool.
Volatility
QQH vs. IETC - Volatility Comparison
HCM Defender 100 Index ETF (QQH) has a higher volatility of 7.90% compared to iShares Evolved U.S. Technology ETF (IETC) at 6.19%. This indicates that QQH's price experiences larger fluctuations and is considered to be riskier than IETC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.