QTUM vs. COKE
Compare and contrast key facts about Defiance Quantum ETF (QTUM) and Coca-Cola Consolidated, Inc. (COKE).
QTUM is a passively managed fund by Defiance ETFs that tracks the performance of the BlueStar Machine Learning and Quantum Computing Index. It was launched on Sep 5, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: QTUM or COKE.
Key characteristics
| QTUM | COKE | |
|---|---|---|
| YTD Return | 23.50% | 34.85% |
| 1Y Return | 42.60% | 85.11% |
| 3Y Return (Ann) | 6.59% | 43.82% |
| 5Y Return (Ann) | 20.09% | 36.26% |
| Sharpe Ratio | 1.92 | 2.64 |
| Sortino Ratio | 2.58 | 3.78 |
| Omega Ratio | 1.33 | 1.49 |
| Calmar Ratio | 2.46 | 5.07 |
| Martin Ratio | 7.56 | 13.00 |
| Ulcer Index | 5.58% | 6.60% |
| Daily Std Dev | 21.94% | 32.45% |
| Max Drawdown | -38.45% | -54.34% |
| Current Drawdown | -0.06% | -9.51% |
Correlation
The correlation between QTUM and COKE is 0.30, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
QTUM vs. COKE - Performance Comparison
In the year-to-date period, QTUM achieves a 23.50% return, which is significantly lower than COKE's 34.85% return. 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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Risk-Adjusted Performance
QTUM vs. COKE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Defiance Quantum ETF (QTUM) and Coca-Cola Consolidated, Inc. (COKE). 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
QTUM vs. COKE - Dividend Comparison
QTUM's dividend yield for the trailing twelve months is around 0.76%, less than COKE's 1.63% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
QTUM Defiance Quantum ETF | 0.76% | 0.81% | 1.46% | 0.48% | 0.45% | 0.61% | 0.21% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
COKE Coca-Cola Consolidated, Inc. | 1.63% | 0.54% | 0.20% | 0.16% | 0.38% | 0.35% | 0.56% | 0.46% | 0.56% | 0.55% | 1.14% | 1.37% |
Drawdowns
QTUM vs. COKE - Drawdown Comparison
The maximum QTUM drawdown since its inception was -38.45%, smaller than the maximum COKE drawdown of -54.34%. Use the drawdown chart below to compare losses from any high point for QTUM and COKE. For additional features, visit the drawdowns tool.
Volatility
QTUM vs. COKE - Volatility Comparison
The current volatility for Defiance Quantum ETF (QTUM) is 6.90%, while Coca-Cola Consolidated, Inc. (COKE) has a volatility of 9.06%. This indicates that QTUM experiences smaller price fluctuations and is considered to be less risky than COKE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.