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.
Key characteristics
| SBLGX | QQQJ | |
|---|---|---|
| YTD Return | 30.29% | 18.47% |
| 1Y Return | 30.88% | 36.06% |
| 3Y Return (Ann) | -3.56% | -3.15% |
| Sharpe Ratio | 1.73 | 2.19 |
| Sortino Ratio | 2.17 | 3.06 |
| Omega Ratio | 1.34 | 1.37 |
| Calmar Ratio | 0.90 | 1.03 |
| Martin Ratio | 9.00 | 11.62 |
| Ulcer Index | 3.33% | 2.98% |
| Daily Std Dev | 17.38% | 15.81% |
| Max Drawdown | -53.70% | -39.58% |
| Current Drawdown | -10.63% | -9.83% |
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.
Performance
SBLGX vs. QQQJ - Performance Comparison
In the year-to-date period, SBLGX achieves a 30.29% return, which is significantly higher than QQQJ's 18.47% 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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SBLGX vs. QQQJ - Expense Ratio Comparison
SBLGX has a 0.99% expense ratio, which is higher than QQQJ's 0.15% expense ratio.
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 0.77%.
| 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 | 0.77% | 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
ClearBridge Large Cap Growth Fund (SBLGX) and Invesco NASDAQ Next Gen 100 ETF (QQQJ) have volatilities of 4.57% and 4.76%, 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.