URTH vs. QLD
Compare and contrast key facts about iShares MSCI World ETF (URTH) and ProShares Ultra QQQ (QLD).
URTH and QLD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. URTH is a passively managed fund by iShares that tracks the performance of the MSCI World Index. It was launched on Jan 10, 2012. QLD is a passively managed fund by ProShares that tracks the performance of the NASDAQ-100 Index (200%). It was launched on Jun 21, 2006. Both URTH and QLD 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: URTH or QLD.
Performance
URTH vs. QLD - Performance Comparison
Returns By Period
In the year-to-date period, URTH achieves a 20.18% return, which is significantly lower than QLD's 40.38% return. Over the past 10 years, URTH has underperformed QLD with an annualized return of 10.14%, while QLD has yielded a comparatively higher 28.73% annualized return.
URTH
20.18%
0.70%
10.02%
26.68%
12.47%
10.14%
QLD
40.38%
2.83%
18.39%
54.20%
31.46%
28.73%
Key characteristics
| URTH | QLD | |
|---|---|---|
| Sharpe Ratio | 2.32 | 1.60 |
| Sortino Ratio | 3.15 | 2.08 |
| Omega Ratio | 1.42 | 1.28 |
| Calmar Ratio | 3.29 | 2.08 |
| Martin Ratio | 14.59 | 6.90 |
| Ulcer Index | 1.86% | 8.05% |
| Daily Std Dev | 11.69% | 34.80% |
| Max Drawdown | -34.01% | -83.13% |
| Current Drawdown | -1.05% | -3.75% |
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URTH vs. QLD - Expense Ratio Comparison
URTH has a 0.24% expense ratio, which is lower than QLD's 0.95% expense ratio.
Correlation
The correlation between URTH and QLD is 0.76, 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
URTH vs. QLD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI World ETF (URTH) and ProShares Ultra QQQ (QLD). 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
URTH vs. QLD - Dividend Comparison
URTH's dividend yield for the trailing twelve months is around 1.44%, more than QLD's 0.27% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
URTH iShares MSCI World ETF | 1.44% | 1.70% | 1.68% | 1.50% | 1.52% | 2.16% | 2.30% | 1.88% | 2.14% | 2.35% | 2.32% | 1.04% |
QLD ProShares Ultra QQQ | 0.27% | 0.33% | 0.31% | 0.00% | 0.00% | 0.13% | 0.06% | 0.02% | 0.90% | 0.11% | 0.19% | 0.13% |
Drawdowns
URTH vs. QLD - Drawdown Comparison
The maximum URTH drawdown since its inception was -34.01%, smaller than the maximum QLD drawdown of -83.13%. Use the drawdown chart below to compare losses from any high point for URTH and QLD. For additional features, visit the drawdowns tool.
Volatility
URTH vs. QLD - Volatility Comparison
The current volatility for iShares MSCI World ETF (URTH) is 3.27%, while ProShares Ultra QQQ (QLD) has a volatility of 10.86%. This indicates that URTH experiences smaller price fluctuations and is considered to be less risky than QLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.