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XNTK vs. QQQ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between XNTK 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.


-0.50.00.51.00.9

Performance

XNTK vs. QQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR NYSE Technology ETF (XNTK) and Invesco QQQ (QQQ). The values are adjusted to include any dividend payments, if applicable.

450.00%500.00%550.00%600.00%JulyAugustSeptemberOctoberNovemberDecember
543.01%
593.58%
XNTK
QQQ

Key characteristics

Sharpe Ratio

XNTK:

1.23

QQQ:

1.63

Sortino Ratio

XNTK:

1.71

QQQ:

2.18

Omega Ratio

XNTK:

1.22

QQQ:

1.29

Calmar Ratio

XNTK:

1.63

QQQ:

2.14

Martin Ratio

XNTK:

5.69

QQQ:

7.71

Ulcer Index

XNTK:

4.84%

QQQ:

3.77%

Daily Std Dev

XNTK:

22.38%

QQQ:

17.87%

Max Drawdown

XNTK:

-76.26%

QQQ:

-82.98%

Current Drawdown

XNTK:

-2.99%

QQQ:

-2.69%

Returns By Period

In the year-to-date period, XNTK achieves a 27.00% return, which is significantly lower than QQQ's 28.44% return. Both investments have delivered pretty close results over the past 10 years, with XNTK having a 18.86% annualized return and QQQ not far behind at 18.39%.


XNTK

YTD

27.00%

1M

1.35%

6M

8.41%

1Y

27.51%

5Y*

21.03%

10Y*

18.86%

QQQ

YTD

28.44%

1M

3.54%

6M

10.65%

1Y

28.86%

5Y*

20.62%

10Y*

18.39%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


XNTK vs. QQQ - Expense Ratio Comparison

XNTK has a 0.35% expense ratio, which is higher than QQQ's 0.20% expense ratio.


XNTK
SPDR NYSE Technology ETF
Expense ratio chart for XNTK: current value at 0.35% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.35%
Expense ratio chart for QQQ: current value at 0.20% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.20%

Risk-Adjusted Performance

XNTK vs. QQQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR NYSE Technology ETF (XNTK) 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.


Sharpe ratio
The chart of Sharpe ratio for XNTK, currently valued at 1.23, compared to the broader market0.002.004.001.231.63
The chart of Sortino ratio for XNTK, currently valued at 1.71, compared to the broader market-2.000.002.004.006.008.0010.001.712.18
The chart of Omega ratio for XNTK, currently valued at 1.22, compared to the broader market0.501.001.502.002.503.001.221.29
The chart of Calmar ratio for XNTK, currently valued at 1.63, compared to the broader market0.005.0010.0015.001.632.14
The chart of Martin ratio for XNTK, currently valued at 5.69, compared to the broader market0.0020.0040.0060.0080.00100.005.697.71
XNTK
QQQ

The current XNTK Sharpe Ratio is 1.23, which is comparable to the QQQ Sharpe Ratio of 1.63. The chart below compares the historical Sharpe Ratios of XNTK and QQQ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.50JulyAugustSeptemberOctoberNovemberDecember
1.23
1.63
XNTK
QQQ

Dividends

XNTK vs. QQQ - Dividend Comparison

XNTK's dividend yield for the trailing twelve months is around 0.32%, less than QQQ's 0.59% yield.


TTM20232022202120202019201820172016201520142013
XNTK
SPDR NYSE Technology ETF
0.32%0.34%0.85%0.34%0.30%0.61%29.64%1.29%0.81%0.93%0.87%1.05%
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

XNTK vs. QQQ - Drawdown Comparison

The maximum XNTK drawdown since its inception was -76.26%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for XNTK and QQQ. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-2.99%
-2.69%
XNTK
QQQ

Volatility

XNTK vs. QQQ - Volatility Comparison

SPDR NYSE Technology ETF (XNTK) has a higher volatility of 5.63% compared to Invesco QQQ (QQQ) at 5.35%. This indicates that XNTK's price experiences larger fluctuations and is considered to be riskier than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%12.00%JulyAugustSeptemberOctoberNovemberDecember
5.63%
5.35%
XNTK
QQQ
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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