QUS vs. BERZ
Compare and contrast key facts about SPDR MSCI USA StrategicFactors ETF (QUS) and MicroSectors Solactive FANG & Innovation -3X Inverse Leveraged ETN (BERZ).
QUS and BERZ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QUS is a passively managed fund by State Street that tracks the performance of the MSCI USA Factor Mix A-Series Capped (USD). It was launched on Apr 16, 2015. BERZ is a passively managed fund by BMO Financial Group that tracks the performance of the Solactive FANG Innovation Index. It was launched on Aug 17, 2021. Both QUS and BERZ 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: QUS or BERZ.
Key characteristics
| QUS | BERZ | |
|---|---|---|
| YTD Return | 23.77% | -66.16% |
| 1Y Return | 33.33% | -75.55% |
| 3Y Return (Ann) | 9.81% | -57.62% |
| Sharpe Ratio | 3.51 | -1.09 |
| Sortino Ratio | 4.93 | -2.39 |
| Omega Ratio | 1.67 | 0.75 |
| Calmar Ratio | 6.27 | -0.80 |
| Martin Ratio | 23.38 | -1.47 |
| Ulcer Index | 1.50% | 52.88% |
| Daily Std Dev | 9.92% | 71.00% |
| Max Drawdown | -33.78% | -97.18% |
| Current Drawdown | 0.00% | -97.18% |
Correlation
The correlation between QUS and BERZ is -0.80. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
QUS vs. BERZ - Performance Comparison
In the year-to-date period, QUS achieves a 23.77% return, which is significantly higher than BERZ's -66.16% 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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QUS vs. BERZ - Expense Ratio Comparison
QUS has a 0.15% expense ratio, which is lower than BERZ's 0.95% expense ratio.
Risk-Adjusted Performance
QUS vs. BERZ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI USA StrategicFactors ETF (QUS) and MicroSectors Solactive FANG & Innovation -3X Inverse Leveraged ETN (BERZ). 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
QUS vs. BERZ - Dividend Comparison
QUS's dividend yield for the trailing twelve months is around 1.34%, while BERZ has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
QUS SPDR MSCI USA StrategicFactors ETF | 1.34% | 1.57% | 1.68% | 1.27% | 1.73% | 1.81% | 2.12% | 1.86% | 2.07% | 1.48% |
BERZ MicroSectors Solactive FANG & Innovation -3X Inverse Leveraged ETN | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
QUS vs. BERZ - Drawdown Comparison
The maximum QUS drawdown since its inception was -33.78%, smaller than the maximum BERZ drawdown of -97.18%. Use the drawdown chart below to compare losses from any high point for QUS and BERZ. For additional features, visit the drawdowns tool.
Volatility
QUS vs. BERZ - Volatility Comparison
The current volatility for SPDR MSCI USA StrategicFactors ETF (QUS) is 3.35%, while MicroSectors Solactive FANG & Innovation -3X Inverse Leveraged ETN (BERZ) has a volatility of 22.38%. This indicates that QUS experiences smaller price fluctuations and is considered to be less risky than BERZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.