QQQA vs. ITOT
Compare and contrast key facts about ProShares Nasdaq-100 Dorsey Wright Momentum ETF (QQQA) and iShares Core S&P Total U.S. Stock Market ETF (ITOT).
QQQA and ITOT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QQQA is a passively managed fund by ProShares that tracks the performance of the NASDAQ-100 Dorsey Wright Momentum Index - Benchmark TR Gross. It was launched on May 18, 2021. ITOT is a passively managed fund by iShares that tracks the performance of the S&P Composite 1500 Index. It was launched on Jan 20, 2004. Both QQQA and ITOT 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: QQQA or ITOT.
Correlation
The correlation between QQQA and ITOT is 0.86, 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.
Performance
QQQA vs. ITOT - Performance Comparison
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Key characteristics
QQQA:
-0.07
ITOT:
0.47
QQQA:
0.16
ITOT:
0.82
QQQA:
1.02
ITOT:
1.12
QQQA:
-0.05
ITOT:
0.50
QQQA:
-0.12
ITOT:
1.91
QQQA:
12.11%
ITOT:
5.12%
QQQA:
32.20%
ITOT:
19.71%
QQQA:
-38.44%
ITOT:
-55.20%
QQQA:
-21.26%
ITOT:
-8.10%
Returns By Period
In the year-to-date period, QQQA achieves a -8.93% return, which is significantly lower than ITOT's -3.83% return.
QQQA
-8.93%
4.43%
-10.45%
-2.86%
N/A
N/A
ITOT
-3.83%
8.00%
-5.75%
9.11%
15.27%
11.81%
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QQQA vs. ITOT - Expense Ratio Comparison
QQQA has a 0.58% expense ratio, which is higher than ITOT's 0.03% expense ratio.
Risk-Adjusted Performance
QQQA vs. ITOT — Risk-Adjusted Performance Rank
QQQA
ITOT
QQQA vs. ITOT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Nasdaq-100 Dorsey Wright Momentum ETF (QQQA) and iShares Core S&P Total U.S. Stock Market ETF (ITOT). 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.
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Dividends
QQQA vs. ITOT - Dividend Comparison
QQQA's dividend yield for the trailing twelve months is around 0.05%, less than ITOT's 1.32% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
QQQA ProShares Nasdaq-100 Dorsey Wright Momentum ETF | 0.05% | 0.09% | 0.34% | 0.28% | 0.10% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ITOT iShares Core S&P Total U.S. Stock Market ETF | 1.32% | 1.23% | 1.47% | 1.66% | 1.18% | 1.41% | 1.88% | 2.14% | 1.69% | 1.83% | 2.01% | 2.20% |
Drawdowns
QQQA vs. ITOT - Drawdown Comparison
The maximum QQQA drawdown since its inception was -38.44%, smaller than the maximum ITOT drawdown of -55.20%. Use the drawdown chart below to compare losses from any high point for QQQA and ITOT. For additional features, visit the drawdowns tool.
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Volatility
QQQA vs. ITOT - Volatility Comparison
ProShares Nasdaq-100 Dorsey Wright Momentum ETF (QQQA) has a higher volatility of 7.76% compared to iShares Core S&P Total U.S. Stock Market ETF (ITOT) at 6.89%. This indicates that QQQA's price experiences larger fluctuations and is considered to be riskier than ITOT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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