ROBNX vs. QQQ
Compare and contrast key facts about Robinson Tax Advantaged Income Fund (ROBNX) and Invesco QQQ (QQQ).
ROBNX is managed by Liberty Street. It was launched on Sep 29, 2014. 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: ROBNX or QQQ.
Correlation
The correlation between ROBNX and QQQ is 0.26, 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
ROBNX vs. QQQ - Performance Comparison
Key characteristics
ROBNX:
1.37
QQQ:
1.40
ROBNX:
1.99
QQQ:
1.90
ROBNX:
1.26
QQQ:
1.25
ROBNX:
0.93
QQQ:
1.88
ROBNX:
5.39
QQQ:
6.51
ROBNX:
1.51%
QQQ:
3.92%
ROBNX:
5.96%
QQQ:
18.23%
ROBNX:
-27.51%
QQQ:
-82.98%
ROBNX:
-0.99%
QQQ:
-0.42%
Returns By Period
In the year-to-date period, ROBNX achieves a 2.72% return, which is significantly lower than QQQ's 5.09% return. Over the past 10 years, ROBNX has underperformed QQQ with an annualized return of 2.59%, while QQQ has yielded a comparatively higher 18.32% annualized return.
ROBNX
2.72%
1.01%
2.67%
7.87%
1.53%
2.59%
QQQ
5.09%
2.37%
13.48%
26.98%
19.29%
18.32%
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ROBNX vs. QQQ - Expense Ratio Comparison
ROBNX has a 1.33% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
ROBNX vs. QQQ — Risk-Adjusted Performance Rank
ROBNX
QQQ
ROBNX vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Robinson Tax Advantaged Income Fund (ROBNX) 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
ROBNX vs. QQQ - Dividend Comparison
ROBNX's dividend yield for the trailing twelve months is around 3.91%, more than QQQ's 0.53% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ROBNX Robinson Tax Advantaged Income Fund | 3.91% | 4.13% | 2.70% | 3.15% | 3.01% | 3.12% | 3.26% | 4.27% | 4.11% | 4.62% | 4.73% | 1.21% |
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
ROBNX vs. QQQ - Drawdown Comparison
The maximum ROBNX drawdown since its inception was -27.51%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for ROBNX and QQQ. For additional features, visit the drawdowns tool.
Volatility
ROBNX vs. QQQ - Volatility Comparison
The current volatility for Robinson Tax Advantaged Income Fund (ROBNX) is 1.74%, while Invesco QQQ (QQQ) has a volatility of 4.70%. This indicates that ROBNX experiences smaller price fluctuations and is considered to be less risky than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.