SIMS vs. QQQ
Compare and contrast key facts about SPDR S&P Kensho Intelligent Structures ETF (SIMS) and Invesco QQQ (QQQ).
SIMS and QQQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SIMS is a passively managed fund by State Street that tracks the performance of the S&P Kensho Intelligent Infrastructure Index. It was launched on Dec 26, 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. Both SIMS and QQQ are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SIMS or QQQ.
Correlation
The correlation between SIMS and QQQ is 0.67, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
SIMS vs. QQQ - Performance Comparison
Key characteristics
SIMS:
-0.02
QQQ:
1.37
SIMS:
0.11
QQQ:
1.86
SIMS:
1.01
QQQ:
1.25
SIMS:
-0.01
QQQ:
1.84
SIMS:
-0.05
QQQ:
6.35
SIMS:
6.22%
QQQ:
3.92%
SIMS:
19.46%
QQQ:
18.24%
SIMS:
-41.36%
QQQ:
-82.98%
SIMS:
-28.25%
QQQ:
0.00%
Returns By Period
In the year-to-date period, SIMS achieves a 0.28% return, which is significantly lower than QQQ's 5.53% return.
SIMS
0.28%
-1.50%
0.55%
3.24%
1.89%
N/A
QQQ
5.53%
3.41%
12.16%
27.01%
19.41%
18.38%
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SIMS vs. QQQ - Expense Ratio Comparison
SIMS has a 0.45% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
SIMS vs. QQQ — Risk-Adjusted Performance Rank
SIMS
QQQ
SIMS vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Kensho Intelligent Structures ETF (SIMS) 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
SIMS vs. QQQ - Dividend Comparison
SIMS's dividend yield for the trailing twelve months is around 0.88%, more than QQQ's 0.53% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SIMS SPDR S&P Kensho Intelligent Structures ETF | 0.88% | 0.88% | 1.49% | 1.48% | 0.97% | 0.58% | 1.24% | 0.85% | 0.00% | 0.00% | 0.00% | 0.00% |
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
SIMS vs. QQQ - Drawdown Comparison
The maximum SIMS drawdown since its inception was -41.36%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for SIMS and QQQ. For additional features, visit the drawdowns tool.
Volatility
SIMS vs. QQQ - Volatility Comparison
SPDR S&P Kensho Intelligent Structures ETF (SIMS) and Invesco QQQ (QQQ) have volatilities of 4.58% and 4.69%, 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.