SBQIX vs. QQQ
Compare and contrast key facts about AmericaFirst Large Cap Share Buyback Fund (SBQIX) and Invesco QQQ (QQQ).
SBQIX is managed by AmericaFirst Funds. It was launched on Jan 31, 2017. 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: SBQIX or QQQ.
Correlation
The correlation between SBQIX and QQQ is 0.75, 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
SBQIX vs. QQQ - Performance Comparison
Key characteristics
SBQIX:
0.70
QQQ:
1.30
SBQIX:
1.08
QQQ:
1.78
SBQIX:
1.14
QQQ:
1.24
SBQIX:
0.54
QQQ:
1.76
SBQIX:
2.96
QQQ:
6.08
SBQIX:
3.71%
QQQ:
3.92%
SBQIX:
15.67%
QQQ:
18.35%
SBQIX:
-39.60%
QQQ:
-82.98%
SBQIX:
-11.82%
QQQ:
-2.49%
Returns By Period
In the year-to-date period, SBQIX achieves a 0.79% return, which is significantly lower than QQQ's 2.90% return.
SBQIX
0.79%
-5.20%
1.23%
8.59%
2.39%
N/A
QQQ
2.90%
-1.02%
9.93%
20.80%
18.77%
18.06%
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SBQIX vs. QQQ - Expense Ratio Comparison
SBQIX has a 3.83% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
SBQIX vs. QQQ — Risk-Adjusted Performance Rank
SBQIX
QQQ
SBQIX vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AmericaFirst Large Cap Share Buyback Fund (SBQIX) 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
SBQIX vs. QQQ - Dividend Comparison
SBQIX has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.54%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SBQIX AmericaFirst Large Cap Share Buyback Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQ Invesco QQQ | 0.54% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
SBQIX vs. QQQ - Drawdown Comparison
The maximum SBQIX drawdown since its inception was -39.60%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for SBQIX and QQQ. For additional features, visit the drawdowns tool.
Volatility
SBQIX vs. QQQ - Volatility Comparison
The current volatility for AmericaFirst Large Cap Share Buyback Fund (SBQIX) is 4.51%, while Invesco QQQ (QQQ) has a volatility of 5.02%. This indicates that SBQIX 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.