TMIFX vs. QQQ
Compare and contrast key facts about Transamerica Mid Cap Growth (TMIFX) and Invesco QQQ (QQQ).
TMIFX is managed by Transamerica. It was launched on Nov 7, 2001. QQQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 10, 1999.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TMIFX or QQQ.
Correlation
The correlation between TMIFX and QQQ is 0.81, 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
TMIFX vs. QQQ - Performance Comparison
Key characteristics
TMIFX:
1.16
QQQ:
1.44
TMIFX:
1.59
QQQ:
1.95
TMIFX:
1.21
QQQ:
1.26
TMIFX:
0.45
QQQ:
1.94
TMIFX:
3.93
QQQ:
6.71
TMIFX:
4.97%
QQQ:
3.92%
TMIFX:
16.80%
QQQ:
18.27%
TMIFX:
-59.57%
QQQ:
-82.98%
TMIFX:
-30.17%
QQQ:
0.00%
Returns By Period
In the year-to-date period, TMIFX achieves a 8.74% return, which is significantly higher than QQQ's 5.27% return.
TMIFX
8.74%
3.79%
14.18%
17.49%
-0.86%
N/A
QQQ
5.27%
3.15%
13.63%
25.73%
18.87%
18.44%
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TMIFX vs. QQQ - Expense Ratio Comparison
TMIFX has a 0.95% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
TMIFX vs. QQQ — Risk-Adjusted Performance Rank
TMIFX
QQQ
TMIFX vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Transamerica Mid Cap Growth (TMIFX) 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
TMIFX vs. QQQ - Dividend Comparison
TMIFX has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.53%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TMIFX Transamerica Mid Cap Growth | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.13% | 0.09% | 0.00% | 0.00% | 0.00% |
QQQ Invesco QQQ | 0.53% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
TMIFX vs. QQQ - Drawdown Comparison
The maximum TMIFX drawdown since its inception was -59.57%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for TMIFX and QQQ. For additional features, visit the drawdowns tool.
Volatility
TMIFX vs. QQQ - Volatility Comparison
Transamerica Mid Cap Growth (TMIFX) and Invesco QQQ (QQQ) have volatilities of 4.77% and 5.01%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.