SQLV vs. QQQ
Compare and contrast key facts about Legg Mason Small-Cap Quality Value ETF (SQLV) and Invesco QQQ (QQQ).
SQLV and QQQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SQLV is a passively managed fund by Franklin Templeton that tracks the performance of the Royce Small-Cap Quality Value Index. It was launched on Jul 12, 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 SQLV 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: SQLV or QQQ.
Correlation
The correlation between SQLV and QQQ is 0.44, 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
SQLV vs. QQQ - Performance Comparison
Key characteristics
SQLV:
0.00
QQQ:
0.83
SQLV:
0.15
QQQ:
1.19
SQLV:
1.02
QQQ:
1.16
SQLV:
0.01
QQQ:
1.13
SQLV:
0.02
QQQ:
3.84
SQLV:
4.93%
QQQ:
3.98%
SQLV:
19.22%
QQQ:
18.44%
SQLV:
-48.35%
QQQ:
-82.98%
SQLV:
-12.27%
QQQ:
-7.27%
Returns By Period
In the year-to-date period, SQLV achieves a -5.83% return, which is significantly lower than QQQ's -2.14% return.
SQLV
-5.83%
-8.10%
-2.88%
0.18%
13.46%
N/A
QQQ
-2.14%
-4.13%
6.61%
15.62%
20.28%
17.39%
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SQLV vs. QQQ - Expense Ratio Comparison
SQLV has a 0.62% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
SQLV vs. QQQ — Risk-Adjusted Performance Rank
SQLV
QQQ
SQLV vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Legg Mason Small-Cap Quality Value ETF (SQLV) 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
SQLV vs. QQQ - Dividend Comparison
SQLV's dividend yield for the trailing twelve months is around 1.19%, more than QQQ's 0.57% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SQLV Legg Mason Small-Cap Quality Value ETF | 1.19% | 1.12% | 1.09% | 1.24% | 1.12% | 1.22% | 1.20% | 1.08% | 0.40% | 0.00% | 0.00% | 0.00% |
QQQ Invesco QQQ | 0.57% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
SQLV vs. QQQ - Drawdown Comparison
The maximum SQLV drawdown since its inception was -48.35%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for SQLV and QQQ. For additional features, visit the drawdowns tool.
Volatility
SQLV vs. QQQ - Volatility Comparison
The current volatility for Legg Mason Small-Cap Quality Value ETF (SQLV) is 4.47%, while Invesco QQQ (QQQ) has a volatility of 4.91%. This indicates that SQLV 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.