QQH vs. USD
Compare and contrast key facts about HCM Defender 100 Index ETF (QQH) and ProShares Ultra Semiconductors (USD).
QQH and USD 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. USD is a passively managed fund by ProShares that tracks the performance of the Dow Jones U.S. Semiconductors Index (200%). It was launched on Jan 30, 2007. Both QQH and USD 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 USD.
Performance
QQH vs. USD - Performance Comparison
Returns By Period
In the year-to-date period, QQH achieves a 29.70% return, which is significantly lower than USD's 149.43% return.
QQH
29.70%
2.18%
13.80%
35.99%
19.30%
N/A
USD
149.43%
-0.07%
30.09%
179.44%
59.63%
46.55%
Key characteristics
| QQH | USD | |
|---|---|---|
| Sharpe Ratio | 1.85 | 2.38 |
| Sortino Ratio | 2.42 | 2.61 |
| Omega Ratio | 1.33 | 1.34 |
| Calmar Ratio | 2.00 | 3.97 |
| Martin Ratio | 7.54 | 10.43 |
| Ulcer Index | 5.08% | 18.19% |
| Daily Std Dev | 20.73% | 79.68% |
| Max Drawdown | -41.87% | -87.93% |
| Current Drawdown | -2.79% | -17.53% |
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QQH vs. USD - Expense Ratio Comparison
QQH has a 1.14% expense ratio, which is higher than USD's 0.95% expense ratio.
Correlation
The correlation between QQH and USD is 0.80, 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. USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for HCM Defender 100 Index ETF (QQH) and ProShares Ultra Semiconductors (USD). 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. USD - Dividend Comparison
QQH's dividend yield for the trailing twelve months is around 0.21%, more than USD's 0.04% 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% |
USD ProShares Ultra Semiconductors | 0.04% | 0.10% | 0.59% | 0.00% | 0.20% | 1.29% | 1.66% | 0.48% | 7.43% | 0.79% | 3.53% | 0.92% |
Drawdowns
QQH vs. USD - Drawdown Comparison
The maximum QQH drawdown since its inception was -41.87%, smaller than the maximum USD drawdown of -87.93%. Use the drawdown chart below to compare losses from any high point for QQH and USD. For additional features, visit the drawdowns tool.
Volatility
QQH vs. USD - Volatility Comparison
The current volatility for HCM Defender 100 Index ETF (QQH) is 7.97%, while ProShares Ultra Semiconductors (USD) has a volatility of 19.15%. This indicates that QQH experiences smaller price fluctuations and is considered to be less risky than USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.