SBLGX vs. QQQJ
Compare and contrast key facts about ClearBridge Large Cap Growth Fund (SBLGX) and Invesco NASDAQ Next Gen 100 ETF (QQQJ).
SBLGX is managed by Franklin Templeton. It was launched on Aug 29, 1997. QQQJ is a passively managed fund by Invesco that tracks the performance of the NASDAQ Next Generation 100 Index. It was launched on Oct 13, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SBLGX or QQQJ.
Performance
SBLGX vs. QQQJ - Performance Comparison
Returns By Period
In the year-to-date period, SBLGX achieves a 29.20% return, which is significantly higher than QQQJ's 17.06% return.
SBLGX
29.20%
1.73%
14.10%
22.75%
6.12%
7.41%
QQQJ
17.06%
3.43%
13.29%
26.94%
N/A
N/A
Key characteristics
| SBLGX | QQQJ | |
|---|---|---|
| Sharpe Ratio | 1.35 | 1.78 |
| Sortino Ratio | 1.74 | 2.51 |
| Omega Ratio | 1.27 | 1.30 |
| Calmar Ratio | 0.70 | 0.92 |
| Martin Ratio | 6.98 | 9.20 |
| Ulcer Index | 3.35% | 3.02% |
| Daily Std Dev | 17.29% | 15.61% |
| Max Drawdown | -53.70% | -39.58% |
| Current Drawdown | -11.38% | -10.91% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
SBLGX vs. QQQJ - Expense Ratio Comparison
SBLGX has a 0.99% expense ratio, which is higher than QQQJ's 0.15% expense ratio.
Correlation
The correlation between SBLGX and QQQJ is 0.83, 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.
Risk-Adjusted Performance
SBLGX vs. QQQJ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ClearBridge Large Cap Growth Fund (SBLGX) and Invesco NASDAQ Next Gen 100 ETF (QQQJ). 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
SBLGX vs. QQQJ - Dividend Comparison
SBLGX has not paid dividends to shareholders, while QQQJ's dividend yield for the trailing twelve months is around 0.78%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
SBLGX ClearBridge Large Cap Growth Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.15% | 0.01% | 0.00% | 0.08% | 0.02% |
QQQJ Invesco NASDAQ Next Gen 100 ETF | 0.78% | 0.67% | 0.75% | 0.91% | 0.09% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
SBLGX vs. QQQJ - Drawdown Comparison
The maximum SBLGX drawdown since its inception was -53.70%, which is greater than QQQJ's maximum drawdown of -39.58%. Use the drawdown chart below to compare losses from any high point for SBLGX and QQQJ. For additional features, visit the drawdowns tool.
Volatility
SBLGX vs. QQQJ - Volatility Comparison
The current volatility for ClearBridge Large Cap Growth Fund (SBLGX) is 4.62%, while Invesco NASDAQ Next Gen 100 ETF (QQQJ) has a volatility of 5.19%. This indicates that SBLGX experiences smaller price fluctuations and is considered to be less risky than QQQJ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.