UTRN vs. QQQ
Compare and contrast key facts about Vesper U.S. Large Cap Short-Term Reversal Strategy ETF (UTRN) and Invesco QQQ (QQQ).
UTRN and QQQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. UTRN is a passively managed fund by Exchange Traded Concepts that tracks the performance of the Vesper US Large Cap Short-Term Reversal Index. It was launched on Sep 21, 2018. 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 UTRN 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: UTRN or QQQ.
Correlation
The correlation between UTRN and QQQ is 0.58, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
UTRN vs. QQQ - Performance Comparison
Key characteristics
UTRN:
2.21
QQQ:
1.38
UTRN:
3.06
QQQ:
1.88
UTRN:
1.41
QQQ:
1.25
UTRN:
1.53
QQQ:
1.86
UTRN:
10.67
QQQ:
6.43
UTRN:
2.66%
QQQ:
3.92%
UTRN:
12.86%
QQQ:
18.27%
UTRN:
-39.40%
QQQ:
-82.98%
UTRN:
-4.88%
QQQ:
0.00%
Returns By Period
In the year-to-date period, UTRN achieves a 0.85% return, which is significantly lower than QQQ's 5.50% return.
UTRN
0.85%
-1.46%
7.86%
27.79%
10.64%
N/A
QQQ
5.50%
3.38%
12.65%
26.01%
18.94%
18.39%
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UTRN vs. QQQ - Expense Ratio Comparison
UTRN has a 0.75% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
UTRN vs. QQQ — Risk-Adjusted Performance Rank
UTRN
QQQ
UTRN vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vesper U.S. Large Cap Short-Term Reversal Strategy ETF (UTRN) 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
UTRN vs. QQQ - Dividend Comparison
UTRN's dividend yield for the trailing twelve months is around 1.05%, more than QQQ's 0.53% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
UTRN Vesper U.S. Large Cap Short-Term Reversal Strategy ETF | 1.05% | 1.06% | 2.75% | 1.09% | 24.51% | 9.08% | 3.77% | 0.71% | 0.00% | 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
UTRN vs. QQQ - Drawdown Comparison
The maximum UTRN drawdown since its inception was -39.40%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for UTRN and QQQ. For additional features, visit the drawdowns tool.
Volatility
UTRN vs. QQQ - Volatility Comparison
The current volatility for Vesper U.S. Large Cap Short-Term Reversal Strategy ETF (UTRN) is 3.21%, while Invesco QQQ (QQQ) has a volatility of 4.92%. This indicates that UTRN 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.