TMFE vs. QQQ
Compare and contrast key facts about The RBB Fund, Inc. - Motley Fool High Capital Efficiency Index ETF (TMFE) and Invesco QQQ (QQQ).
TMFE and QQQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TMFE is a passively managed fund by RBB Fund that tracks the performance of the Motley Fool Capital Efficiency 100 Index. It was launched on Dec 30, 2021. 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 TMFE 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: TMFE or QQQ.
Performance
TMFE vs. QQQ - Performance Comparison
Returns By Period
In the year-to-date period, TMFE achieves a 30.75% return, which is significantly higher than QQQ's 23.84% return.
TMFE
30.75%
2.97%
15.24%
36.88%
N/A
N/A
QQQ
23.84%
1.82%
11.65%
30.35%
20.97%
18.03%
Key characteristics
| TMFE | QQQ | |
|---|---|---|
| Sharpe Ratio | 2.48 | 1.78 |
| Sortino Ratio | 3.47 | 2.37 |
| Omega Ratio | 1.44 | 1.32 |
| Calmar Ratio | 4.53 | 2.28 |
| Martin Ratio | 17.81 | 8.27 |
| Ulcer Index | 2.12% | 3.73% |
| Daily Std Dev | 15.23% | 17.37% |
| Max Drawdown | -31.07% | -82.98% |
| Current Drawdown | -0.52% | -1.78% |
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TMFE vs. QQQ - Expense Ratio Comparison
TMFE has a 0.50% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Correlation
The correlation between TMFE and QQQ is 0.93, 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.
Risk-Adjusted Performance
TMFE vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for The RBB Fund, Inc. - Motley Fool High Capital Efficiency Index ETF (TMFE) 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
TMFE vs. QQQ - Dividend Comparison
TMFE's dividend yield for the trailing twelve months is around 0.34%, less than QQQ's 0.60% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TMFE The RBB Fund, Inc. - Motley Fool High Capital Efficiency Index ETF | 0.34% | 0.45% | 0.40% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQ Invesco QQQ | 0.60% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.02% |
Drawdowns
TMFE vs. QQQ - Drawdown Comparison
The maximum TMFE drawdown since its inception was -31.07%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for TMFE and QQQ. For additional features, visit the drawdowns tool.
Volatility
TMFE vs. QQQ - Volatility Comparison
The current volatility for The RBB Fund, Inc. - Motley Fool High Capital Efficiency Index ETF (TMFE) is 4.14%, while Invesco QQQ (QQQ) has a volatility of 5.41%. This indicates that TMFE 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.