QRFT vs. VOO
Compare and contrast key facts about QRAFT AI Enhanced U.S. Large Cap ETF (QRFT) and Vanguard S&P 500 ETF (VOO).
QRFT and VOO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QRFT is an actively managed fund by Exchange Traded Concepts. It was launched on May 21, 2019. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: QRFT or VOO.
Key characteristics
| QRFT | VOO | |
|---|---|---|
| YTD Return | 10.01% | 10.48% |
| 1Y Return | 26.34% | 28.69% |
| 3Y Return (Ann) | 8.26% | 9.60% |
| Sharpe Ratio | 2.17 | 2.52 |
| Daily Std Dev | 12.37% | 11.57% |
| Max Drawdown | -30.19% | -33.99% |
| Current Drawdown | -0.22% | -0.06% |
Correlation
The correlation between QRFT and VOO is 0.88, 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
QRFT vs. VOO - Performance Comparison
The year-to-date returns for both investments are quite close, with QRFT having a 10.01% return and VOO slightly higher at 10.48%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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QRFT vs. VOO - Expense Ratio Comparison
QRFT has a 0.75% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
QRFT vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for QRAFT AI Enhanced U.S. Large Cap ETF (QRFT) and Vanguard S&P 500 ETF (VOO). 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
QRFT vs. VOO - Dividend Comparison
QRFT's dividend yield for the trailing twelve months is around 0.71%, less than VOO's 1.33% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
QRFT QRAFT AI Enhanced U.S. Large Cap ETF | 0.71% | 0.77% | 0.83% | 0.05% | 1.81% | 4.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.33% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
QRFT vs. VOO - Drawdown Comparison
The maximum QRFT drawdown since its inception was -30.19%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for QRFT and VOO. For additional features, visit the drawdowns tool.
Volatility
QRFT vs. VOO - Volatility Comparison
QRAFT AI Enhanced U.S. Large Cap ETF (QRFT) has a higher volatility of 3.75% compared to Vanguard S&P 500 ETF (VOO) at 3.36%. This indicates that QRFT's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.