SMB vs. QQQ
Compare and contrast key facts about VanEck Short Muni ETF (SMB) and Invesco QQQ (QQQ).
SMB and QQQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SMB is a passively managed fund by VanEck that tracks the performance of the Bloomberg AMT-Free Short Continuous. It was launched on Feb 22, 2008. 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 SMB 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: SMB or QQQ.
Correlation
The correlation between SMB and QQQ is 0.02, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
SMB vs. QQQ - Performance Comparison
Key characteristics
SMB:
0.91
QQQ:
1.55
SMB:
1.29
QQQ:
2.08
SMB:
1.17
QQQ:
1.28
SMB:
0.71
QQQ:
2.05
SMB:
6.00
QQQ:
7.36
SMB:
0.31%
QQQ:
3.77%
SMB:
2.01%
QQQ:
17.93%
SMB:
-12.64%
QQQ:
-82.98%
SMB:
-0.87%
QQQ:
-2.74%
Returns By Period
In the year-to-date period, SMB achieves a 2.07% return, which is significantly lower than QQQ's 28.36% return. Over the past 10 years, SMB has underperformed QQQ with an annualized return of 1.23%, while QQQ has yielded a comparatively higher 18.45% annualized return.
SMB
2.07%
-0.67%
1.65%
2.19%
0.83%
1.23%
QQQ
28.36%
3.58%
9.40%
27.81%
20.40%
18.45%
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SMB vs. QQQ - Expense Ratio Comparison
Both SMB and QQQ have an expense ratio of 0.20%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Risk-Adjusted Performance
SMB vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Short Muni ETF (SMB) 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
SMB vs. QQQ - Dividend Comparison
SMB's dividend yield for the trailing twelve months is around 2.17%, more than QQQ's 0.54% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SMB VanEck Short Muni ETF | 2.17% | 1.84% | 1.32% | 1.25% | 1.51% | 1.58% | 1.49% | 1.24% | 1.13% | 1.14% | 1.21% | 1.37% |
QQQ Invesco QQQ | 0.54% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.02% |
Drawdowns
SMB vs. QQQ - Drawdown Comparison
The maximum SMB drawdown since its inception was -12.64%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for SMB and QQQ. For additional features, visit the drawdowns tool.
Volatility
SMB vs. QQQ - Volatility Comparison
The current volatility for VanEck Short Muni ETF (SMB) is 0.51%, while Invesco QQQ (QQQ) has a volatility of 5.69%. This indicates that SMB 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.