USXF vs. QQQ
Compare and contrast key facts about iShares ESG Advanced MSCI USA ETF (USXF) and Invesco QQQ (QQQ).
USXF and QQQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. USXF is a passively managed fund by iShares that tracks the performance of the MSCI USA Choice ESG Screened Index. It was launched on Jun 16, 2020. 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 USXF 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: USXF or QQQ.
Key characteristics
| USXF | QQQ | |
|---|---|---|
| YTD Return | 31.49% | 25.63% |
| 1Y Return | 42.42% | 33.85% |
| 3Y Return (Ann) | 10.94% | 9.83% |
| Sharpe Ratio | 2.80 | 2.12 |
| Sortino Ratio | 3.70 | 2.79 |
| Omega Ratio | 1.50 | 1.38 |
| Calmar Ratio | 4.49 | 2.71 |
| Martin Ratio | 17.50 | 9.88 |
| Ulcer Index | 2.61% | 3.72% |
| Daily Std Dev | 16.35% | 17.31% |
| Max Drawdown | -29.54% | -82.98% |
| Current Drawdown | -0.54% | -0.37% |
Correlation
The correlation between USXF and QQQ is 0.89, 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
USXF vs. QQQ - Performance Comparison
In the year-to-date period, USXF achieves a 31.49% return, which is significantly higher than QQQ's 25.63% return. 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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USXF vs. QQQ - Expense Ratio Comparison
USXF has a 0.10% 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
USXF vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares ESG Advanced MSCI USA ETF (USXF) 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
USXF vs. QQQ - Dividend Comparison
USXF's dividend yield for the trailing twelve months is around 0.96%, more than QQQ's 0.59% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
USXF iShares ESG Advanced MSCI USA ETF | 0.96% | 1.21% | 1.39% | 0.85% | 0.58% | 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
USXF vs. QQQ - Drawdown Comparison
The maximum USXF drawdown since its inception was -29.54%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for USXF and QQQ. For additional features, visit the drawdowns tool.
Volatility
USXF vs. QQQ - Volatility Comparison
The current volatility for iShares ESG Advanced MSCI USA ETF (USXF) is 4.20%, while Invesco QQQ (QQQ) has a volatility of 4.91%. This indicates that USXF 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.