RIVSX vs. QQQ
Compare and contrast key facts about River Oak Discovery Fund (RIVSX) and Invesco QQQ (QQQ).
RIVSX is managed by Oak Associates. It was launched on Jun 30, 2005. QQQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 10, 1999.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RIVSX or QQQ.
Correlation
The correlation between RIVSX and QQQ is 0.76, 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
RIVSX vs. QQQ - Performance Comparison
Key characteristics
RIVSX:
0.37
QQQ:
1.44
RIVSX:
0.64
QQQ:
1.95
RIVSX:
1.08
QQQ:
1.26
RIVSX:
0.25
QQQ:
1.94
RIVSX:
1.32
QQQ:
6.71
RIVSX:
5.27%
QQQ:
3.92%
RIVSX:
18.86%
QQQ:
18.27%
RIVSX:
-60.61%
QQQ:
-82.98%
RIVSX:
-18.43%
QQQ:
0.00%
Returns By Period
In the year-to-date period, RIVSX achieves a 0.28% return, which is significantly lower than QQQ's 5.27% return. Over the past 10 years, RIVSX has underperformed QQQ with an annualized return of 2.23%, while QQQ has yielded a comparatively higher 18.50% annualized return.
RIVSX
0.28%
-0.66%
2.80%
2.74%
2.97%
2.23%
QQQ
5.27%
4.15%
13.63%
24.59%
18.87%
18.50%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
RIVSX vs. QQQ - Expense Ratio Comparison
RIVSX has a 1.18% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
RIVSX vs. QQQ — Risk-Adjusted Performance Rank
RIVSX
QQQ
RIVSX vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for River Oak Discovery Fund (RIVSX) and Invesco QQQ (QQQ). 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
RIVSX vs. QQQ - Dividend Comparison
RIVSX has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.53%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RIVSX River Oak Discovery Fund | 0.00% | 0.00% | 0.00% | 0.15% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.12% | 0.00% |
QQQ Invesco QQQ | 0.53% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
RIVSX vs. QQQ - Drawdown Comparison
The maximum RIVSX drawdown since its inception was -60.61%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for RIVSX and QQQ. For additional features, visit the drawdowns tool.
Volatility
RIVSX vs. QQQ - Volatility Comparison
River Oak Discovery Fund (RIVSX) and Invesco QQQ (QQQ) have volatilities of 4.92% and 5.01%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.