QTUM vs. FIW
Compare and contrast key facts about Defiance Quantum ETF (QTUM) and First Trust Water ETF (FIW).
QTUM and FIW are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. FIW is a passively managed fund by First Trust that tracks the performance of the ISE Clean Edge Water Index. It was launched on May 8, 2007. Both QTUM and FIW 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: QTUM or FIW.
Key characteristics
| QTUM | FIW | |
|---|---|---|
| YTD Return | 23.50% | 16.01% |
| 1Y Return | 42.60% | 35.38% |
| 3Y Return (Ann) | 6.59% | 6.15% |
| 5Y Return (Ann) | 20.09% | 14.67% |
| Sharpe Ratio | 1.92 | 2.23 |
| Sortino Ratio | 2.58 | 3.16 |
| Omega Ratio | 1.33 | 1.38 |
| Calmar Ratio | 2.46 | 2.66 |
| Martin Ratio | 7.56 | 11.99 |
| Ulcer Index | 5.58% | 2.90% |
| Daily Std Dev | 21.94% | 15.62% |
| Max Drawdown | -38.45% | -52.75% |
| Current Drawdown | -0.06% | -1.26% |
Correlation
The correlation between QTUM and FIW is 0.72, 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
QTUM vs. FIW - Performance Comparison
In the year-to-date period, QTUM achieves a 23.50% return, which is significantly higher than FIW's 16.01% 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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QTUM vs. FIW - Expense Ratio Comparison
QTUM has a 0.40% expense ratio, which is lower than FIW's 0.54% expense ratio.
Risk-Adjusted Performance
QTUM vs. FIW - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Defiance Quantum ETF (QTUM) and First Trust Water ETF (FIW). 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. FIW - Dividend Comparison
QTUM's dividend yield for the trailing twelve months is around 0.76%, more than FIW's 0.59% 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% |
FIW First Trust Water ETF | 0.59% | 0.68% | 0.67% | 0.37% | 0.56% | 0.55% | 0.73% | 1.13% | 0.51% | 0.76% | 0.75% | 0.63% |
Drawdowns
QTUM vs. FIW - Drawdown Comparison
The maximum QTUM drawdown since its inception was -38.45%, smaller than the maximum FIW drawdown of -52.75%. Use the drawdown chart below to compare losses from any high point for QTUM and FIW. For additional features, visit the drawdowns tool.
Volatility
QTUM vs. FIW - Volatility Comparison
Defiance Quantum ETF (QTUM) has a higher volatility of 6.90% compared to First Trust Water ETF (FIW) at 4.35%. This indicates that QTUM's price experiences larger fluctuations and is considered to be riskier than FIW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.