XPND vs. QQQ
Compare and contrast key facts about First Trust Expanded Technology ETF (XPND) and Invesco QQQ (QQQ).
XPND and QQQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XPND is an actively managed fund by First Trust. It was launched on Jun 14, 2021. 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: XPND or QQQ.
Performance
XPND vs. QQQ - Performance Comparison
Returns By Period
In the year-to-date period, XPND achieves a 29.73% return, which is significantly higher than QQQ's 24.04% return.
XPND
29.73%
4.85%
13.23%
36.30%
N/A
N/A
QQQ
24.04%
3.57%
10.78%
30.56%
20.99%
18.03%
Key characteristics
| XPND | QQQ | |
|---|---|---|
| Sharpe Ratio | 1.90 | 1.76 |
| Sortino Ratio | 2.54 | 2.35 |
| Omega Ratio | 1.34 | 1.32 |
| Calmar Ratio | 2.87 | 2.25 |
| Martin Ratio | 10.59 | 8.18 |
| Ulcer Index | 3.43% | 3.74% |
| Daily Std Dev | 19.09% | 17.36% |
| Max Drawdown | -38.00% | -82.98% |
| Current Drawdown | -1.46% | -1.62% |
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XPND vs. QQQ - Expense Ratio Comparison
XPND has a 0.65% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Correlation
The correlation between XPND and QQQ is 0.96, 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
XPND vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Expanded Technology ETF (XPND) 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
XPND vs. QQQ - Dividend Comparison
XPND's dividend yield for the trailing twelve months is around 0.05%, less than QQQ's 0.60% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XPND First Trust Expanded Technology ETF | 0.05% | 0.18% | 0.34% | 0.02% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQ Invesco QQQ | 0.60% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.02% |
Drawdowns
XPND vs. QQQ - Drawdown Comparison
The maximum XPND drawdown since its inception was -38.00%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for XPND and QQQ. For additional features, visit the drawdowns tool.
Volatility
XPND vs. QQQ - Volatility Comparison
First Trust Expanded Technology ETF (XPND) and Invesco QQQ (QQQ) have volatilities of 5.48% and 5.36%, 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.