ROGSX vs. QQQ
Compare and contrast key facts about Red Oak Technology Select Fund (ROGSX) and Invesco QQQ (QQQ).
ROGSX is managed by Oak Associates. It was launched on Dec 30, 1998. 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: ROGSX or QQQ.
Correlation
The correlation between ROGSX and QQQ is 0.91, 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
ROGSX vs. QQQ - Performance Comparison
Key characteristics
ROGSX:
0.86
QQQ:
1.40
ROGSX:
1.22
QQQ:
1.90
ROGSX:
1.17
QQQ:
1.25
ROGSX:
1.24
QQQ:
1.88
ROGSX:
3.88
QQQ:
6.51
ROGSX:
4.67%
QQQ:
3.92%
ROGSX:
21.13%
QQQ:
18.23%
ROGSX:
-92.96%
QQQ:
-82.98%
ROGSX:
-2.64%
QQQ:
-0.42%
Returns By Period
In the year-to-date period, ROGSX achieves a 5.41% return, which is significantly higher than QQQ's 5.09% return. Over the past 10 years, ROGSX has underperformed QQQ with an annualized return of 11.57%, while QQQ has yielded a comparatively higher 18.32% annualized return.
ROGSX
5.41%
1.10%
5.68%
19.32%
9.41%
11.57%
QQQ
5.09%
2.37%
13.48%
26.98%
19.29%
18.32%
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ROGSX vs. QQQ - Expense Ratio Comparison
ROGSX has a 0.92% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
ROGSX vs. QQQ — Risk-Adjusted Performance Rank
ROGSX
QQQ
ROGSX vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Red Oak Technology Select Fund (ROGSX) 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
ROGSX vs. QQQ - Dividend Comparison
ROGSX 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ROGSX Red Oak Technology Select Fund | 0.00% | 0.00% | 0.19% | 0.08% | 0.75% | 0.31% | 0.54% | 0.92% | 0.41% | 0.42% | 1.17% | 0.96% |
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
ROGSX vs. QQQ - Drawdown Comparison
The maximum ROGSX drawdown since its inception was -92.96%, which is greater than QQQ's maximum drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for ROGSX and QQQ. For additional features, visit the drawdowns tool.
Volatility
ROGSX vs. QQQ - Volatility Comparison
Red Oak Technology Select Fund (ROGSX) has a higher volatility of 6.01% compared to Invesco QQQ (QQQ) at 4.70%. This indicates that ROGSX's price experiences larger fluctuations and is considered to be riskier than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.