QQQT vs. MAIN
Compare and contrast key facts about Defiance Nasdaq 100 Income Target ETF (QQQT) and Main Street Capital Corporation (MAIN).
QQQT is an actively managed fund by Defiance. It was launched on Jun 20, 2024.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: QQQT or MAIN.
Correlation
The correlation between QQQT and MAIN is 0.51, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
QQQT vs. MAIN - Performance Comparison
Key characteristics
QQQT:
25.41%
MAIN:
21.46%
QQQT:
-22.51%
MAIN:
-64.53%
QQQT:
-9.91%
MAIN:
-13.44%
Returns By Period
In the year-to-date period, QQQT achieves a -5.54% return, which is significantly higher than MAIN's -5.98% return.
QQQT
-5.54%
14.37%
-1.30%
N/A
N/A
N/A
MAIN
-5.98%
5.09%
10.30%
15.62%
25.77%
14.42%
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Risk-Adjusted Performance
QQQT vs. MAIN — Risk-Adjusted Performance Rank
QQQT
MAIN
QQQT vs. MAIN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Defiance Nasdaq 100 Income Target ETF (QQQT) and Main Street Capital Corporation (MAIN). 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.
Not enough dataDividends
QQQT vs. MAIN - Dividend Comparison
QQQT's dividend yield for the trailing twelve months is around 18.89%, more than MAIN's 7.71% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
QQQT Defiance Nasdaq 100 Income Target ETF | 18.89% | 10.35% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MAIN Main Street Capital Corporation | 7.71% | 7.02% | 8.55% | 7.97% | 5.74% | 6.99% | 6.76% | 8.43% | 7.02% | 7.42% | 9.15% | 8.72% |
Drawdowns
QQQT vs. MAIN - Drawdown Comparison
The maximum QQQT drawdown since its inception was -22.51%, smaller than the maximum MAIN drawdown of -64.53%. Use the drawdown chart below to compare losses from any high point for QQQT and MAIN. For additional features, visit the drawdowns tool.
Volatility
QQQT vs. MAIN - Volatility Comparison
Defiance Nasdaq 100 Income Target ETF (QQQT) has a higher volatility of 16.28% compared to Main Street Capital Corporation (MAIN) at 13.90%. This indicates that QQQT's price experiences larger fluctuations and is considered to be riskier than MAIN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.