STRV vs. QQQ
Compare and contrast key facts about Strive 500 ETF (STRV) and Invesco QQQ (QQQ).
STRV and QQQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. STRV is a passively managed fund by Strive that tracks the performance of the Bloomberg US Large Cap Index. It was launched on Sep 15, 2022. 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 STRV 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: STRV or QQQ.
Key characteristics
| STRV | QQQ | |
|---|---|---|
| YTD Return | 27.02% | 26.09% |
| 1Y Return | 39.94% | 39.88% |
| Sharpe Ratio | 3.04 | 2.22 |
| Sortino Ratio | 4.03 | 2.92 |
| Omega Ratio | 1.56 | 1.40 |
| Calmar Ratio | 4.52 | 2.86 |
| Martin Ratio | 20.12 | 10.44 |
| Ulcer Index | 1.93% | 3.72% |
| Daily Std Dev | 12.79% | 17.47% |
| Max Drawdown | -9.84% | -82.98% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between STRV and QQQ is 0.92, 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
STRV vs. QQQ - Performance Comparison
The year-to-date returns for both stocks are quite close, with STRV having a 27.02% return and QQQ slightly lower at 26.09%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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STRV vs. QQQ - Expense Ratio Comparison
STRV has a 0.05% 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%.
Risk-Adjusted Performance
STRV vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Strive 500 ETF (STRV) 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
STRV vs. QQQ - Dividend Comparison
STRV's dividend yield for the trailing twelve months is around 1.10%, more than QQQ's 0.59% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
STRV Strive 500 ETF | 1.10% | 1.21% | 0.37% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQ Invesco QQQ | 0.59% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.02% |
Drawdowns
STRV vs. QQQ - Drawdown Comparison
The maximum STRV drawdown since its inception was -9.84%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for STRV and QQQ. For additional features, visit the drawdowns tool.
Volatility
STRV vs. QQQ - Volatility Comparison
The current volatility for Strive 500 ETF (STRV) is 4.06%, while Invesco QQQ (QQQ) has a volatility of 5.17%. This indicates that STRV 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.