QQH vs. QQQ
Compare and contrast key facts about HCM Defender 100 Index ETF (QQH) and Invesco QQQ (QQQ).
QQH and QQQ 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. QQQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 10, 1999. Both QQH and QQQ are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: QQH or QQQ.
Performance
QQH vs. QQQ - Performance Comparison
Returns By Period
In the year-to-date period, QQH achieves a 30.13% return, which is significantly higher than QQQ's 24.04% return.
QQH
30.13%
4.28%
13.68%
36.70%
19.38%
N/A
QQQ
24.04%
3.57%
10.78%
30.56%
20.99%
18.03%
Key characteristics
| QQH | QQQ | |
|---|---|---|
| Sharpe Ratio | 1.78 | 1.76 |
| Sortino Ratio | 2.34 | 2.35 |
| Omega Ratio | 1.32 | 1.32 |
| Calmar Ratio | 1.92 | 2.25 |
| Martin Ratio | 7.22 | 8.18 |
| Ulcer Index | 5.09% | 3.74% |
| Daily Std Dev | 20.65% | 17.36% |
| Max Drawdown | -41.87% | -82.98% |
| Current Drawdown | -2.46% | -1.62% |
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QQH vs. QQQ - Expense Ratio Comparison
QQH has a 1.14% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Correlation
The correlation between QQH and QQQ is 0.93, 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. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for HCM Defender 100 Index ETF (QQH) and Invesco QQQ (QQQ). 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. QQQ - Dividend Comparison
QQH's dividend yield for the trailing twelve months is around 0.21%, less than QQQ's 0.60% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
QQH HCM Defender 100 Index ETF | 0.21% | 0.27% | 0.00% | 0.00% | 0.00% | 0.21% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQ Invesco QQQ | 0.60% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.02% |
Drawdowns
QQH vs. QQQ - Drawdown Comparison
The maximum QQH drawdown since its inception was -41.87%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for QQH and QQQ. For additional features, visit the drawdowns tool.
Volatility
QQH vs. QQQ - Volatility Comparison
HCM Defender 100 Index ETF (QQH) has a higher volatility of 7.53% compared to Invesco QQQ (QQQ) at 5.36%. This indicates that QQH's price experiences larger fluctuations and is considered to be riskier than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.