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SPTI vs. QQQ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between SPTI and QQQ is -0.21. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.


-0.50.00.51.0-0.2

Performance

SPTI vs. QQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR Portfolio Intermediate Term Treasury ETF (SPTI) and Invesco QQQ (QQQ). The values are adjusted to include any dividend payments, if applicable.

0.00%200.00%400.00%600.00%800.00%1,000.00%1,200.00%JulyAugustSeptemberOctoberNovemberDecember
49.39%
1,168.75%
SPTI
QQQ

Key characteristics

Sharpe Ratio

SPTI:

0.31

QQQ:

1.64

Sortino Ratio

SPTI:

0.47

QQQ:

2.19

Omega Ratio

SPTI:

1.06

QQQ:

1.30

Calmar Ratio

SPTI:

0.12

QQQ:

2.16

Martin Ratio

SPTI:

0.80

QQQ:

7.79

Ulcer Index

SPTI:

1.87%

QQQ:

3.76%

Daily Std Dev

SPTI:

4.77%

QQQ:

17.85%

Max Drawdown

SPTI:

-16.11%

QQQ:

-82.98%

Current Drawdown

SPTI:

-8.77%

QQQ:

-3.63%

Returns By Period

In the year-to-date period, SPTI achieves a 1.32% return, which is significantly lower than QQQ's 27.20% return. Over the past 10 years, SPTI has underperformed QQQ with an annualized return of 1.06%, while QQQ has yielded a comparatively higher 18.36% annualized return.


SPTI

YTD

1.32%

1M

-0.01%

6M

1.37%

1Y

1.50%

5Y*

-0.14%

10Y*

1.06%

QQQ

YTD

27.20%

1M

3.08%

6M

8.34%

1Y

27.81%

5Y*

20.44%

10Y*

18.36%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


SPTI vs. QQQ - Expense Ratio Comparison

SPTI has a 0.06% expense ratio, which is lower than QQQ's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


QQQ
Invesco QQQ
Expense ratio chart for QQQ: current value at 0.20% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.20%
Expense ratio chart for SPTI: current value at 0.06% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.06%

Risk-Adjusted Performance

SPTI vs. QQQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR Portfolio Intermediate Term Treasury ETF (SPTI) 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.


Sharpe ratio
The chart of Sharpe ratio for SPTI, currently valued at 0.31, compared to the broader market0.002.004.000.311.64
The chart of Sortino ratio for SPTI, currently valued at 0.47, compared to the broader market-2.000.002.004.006.008.0010.000.472.19
The chart of Omega ratio for SPTI, currently valued at 1.06, compared to the broader market0.501.001.502.002.503.001.061.30
The chart of Calmar ratio for SPTI, currently valued at 0.12, compared to the broader market0.005.0010.0015.000.122.16
The chart of Martin ratio for SPTI, currently valued at 0.80, compared to the broader market0.0020.0040.0060.0080.00100.000.807.79
SPTI
QQQ

The current SPTI Sharpe Ratio is 0.31, which is lower than the QQQ Sharpe Ratio of 1.64. The chart below compares the historical Sharpe Ratios of SPTI and QQQ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.501.001.502.002.50JulyAugustSeptemberOctoberNovemberDecember
0.31
1.64
SPTI
QQQ

Dividends

SPTI vs. QQQ - Dividend Comparison

SPTI's dividend yield for the trailing twelve months is around 3.77%, more than QQQ's 0.43% yield.


TTM20232022202120202019201820172016201520142013
SPTI
SPDR Portfolio Intermediate Term Treasury ETF
3.77%2.99%1.45%0.53%0.76%2.01%1.97%1.46%1.24%1.18%1.05%1.47%
QQQ
Invesco QQQ
0.43%0.62%0.80%0.43%0.55%0.74%0.91%0.84%1.06%0.99%1.41%1.02%

Drawdowns

SPTI vs. QQQ - Drawdown Comparison

The maximum SPTI drawdown since its inception was -16.11%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for SPTI and QQQ. For additional features, visit the drawdowns tool.


-14.00%-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-8.77%
-3.63%
SPTI
QQQ

Volatility

SPTI vs. QQQ - Volatility Comparison

The current volatility for SPDR Portfolio Intermediate Term Treasury ETF (SPTI) is 1.31%, while Invesco QQQ (QQQ) has a volatility of 5.29%. This indicates that SPTI 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.


0.00%2.00%4.00%6.00%8.00%JulyAugustSeptemberOctoberNovemberDecember
1.31%
5.29%
SPTI
QQQ
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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