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QQQI vs. SCHG
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


QQQISCHG
Daily Std Dev14.61%16.79%
Max Drawdown-10.67%-34.59%
Current Drawdown-1.85%-2.87%

Correlation

-0.50.00.51.00.9

The correlation between QQQI and SCHG 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.

Performance

QQQI vs. SCHG - Performance Comparison

The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%5.00%10.00%15.00%JuneJulyAugustSeptemberOctoberNovember
9.36%
12.64%
QQQI
SCHG

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


QQQI vs. SCHG - Expense Ratio Comparison

QQQI has a 0.68% expense ratio, which is higher than SCHG's 0.04% expense ratio.


QQQI
NEOS Nasdaq 100 High Income ETF
Expense ratio chart for QQQI: current value at 0.68% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.68%
Expense ratio chart for SCHG: current value at 0.04% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.04%

Risk-Adjusted Performance

QQQI vs. SCHG - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for NEOS Nasdaq 100 High Income ETF (QQQI) and Schwab U.S. Large-Cap Growth ETF (SCHG). 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.


QQQI
Sharpe ratio
No data
SCHG
Sharpe ratio
The chart of Sharpe ratio for SCHG, currently valued at 2.47, compared to the broader market0.002.004.006.002.47
Sortino ratio
The chart of Sortino ratio for SCHG, currently valued at 3.18, compared to the broader market0.005.0010.003.18
Omega ratio
The chart of Omega ratio for SCHG, currently valued at 1.45, compared to the broader market1.001.502.002.503.001.45
Calmar ratio
The chart of Calmar ratio for SCHG, currently valued at 3.35, compared to the broader market0.005.0010.0015.0020.003.35
Martin ratio
The chart of Martin ratio for SCHG, currently valued at 13.36, compared to the broader market0.0020.0040.0060.0080.00100.00120.0013.36

QQQI vs. SCHG - Sharpe Ratio Comparison


Chart placeholderNot enough data

Dividends

QQQI vs. SCHG - Dividend Comparison

QQQI's dividend yield for the trailing twelve months is around 10.79%, more than SCHG's 0.42% yield.


TTM20232022202120202019201820172016201520142013
QQQI
NEOS Nasdaq 100 High Income ETF
10.79%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
SCHG
Schwab U.S. Large-Cap Growth ETF
0.42%0.46%0.55%0.42%0.52%0.82%1.27%1.01%1.04%1.22%1.09%1.07%

Drawdowns

QQQI vs. SCHG - Drawdown Comparison

The maximum QQQI drawdown since its inception was -10.67%, smaller than the maximum SCHG drawdown of -34.59%. Use the drawdown chart below to compare losses from any high point for QQQI and SCHG. For additional features, visit the drawdowns tool.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-1.85%
-2.87%
QQQI
SCHG

Volatility

QQQI vs. SCHG - Volatility Comparison

The current volatility for NEOS Nasdaq 100 High Income ETF (QQQI) is 3.32%, while Schwab U.S. Large-Cap Growth ETF (SCHG) has a volatility of 4.60%. This indicates that QQQI experiences smaller price fluctuations and is considered to be less risky than SCHG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%JuneJulyAugustSeptemberOctoberNovember
3.32%
4.60%
QQQI
SCHG