XQQ.TO vs. BBAI
Compare and contrast key facts about iShares NASDAQ 100 Index ETF (CAD-Hedged) (XQQ.TO) and BigBear.ai Holdings, Inc. (BBAI).
XQQ.TO is a passively managed fund by iShares that tracks the performance of the Morningstar US Market TR CAD. It was launched on May 3, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: XQQ.TO or BBAI.
Key characteristics
| XQQ.TO | BBAI | |
|---|---|---|
| YTD Return | 18.01% | -24.77% |
| 1Y Return | 31.03% | 11.81% |
| 3Y Return (Ann) | 4.74% | -45.68% |
| Sharpe Ratio | 1.89 | 0.21 |
| Sortino Ratio | 2.55 | 1.20 |
| Omega Ratio | 1.34 | 1.14 |
| Calmar Ratio | 0.33 | 0.25 |
| Martin Ratio | 8.71 | 0.44 |
| Ulcer Index | 3.74% | 52.24% |
| Daily Std Dev | 17.24% | 106.95% |
| Max Drawdown | -100.00% | -95.01% |
| Current Drawdown | -99.99% | -87.31% |
Correlation
The correlation between XQQ.TO and BBAI is 0.21, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
XQQ.TO vs. BBAI - Performance Comparison
In the year-to-date period, XQQ.TO achieves a 18.01% return, which is significantly higher than BBAI's -24.77% 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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Risk-Adjusted Performance
XQQ.TO vs. BBAI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares NASDAQ 100 Index ETF (CAD-Hedged) (XQQ.TO) and BigBear.ai Holdings, Inc. (BBAI). 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
XQQ.TO vs. BBAI - Dividend Comparison
XQQ.TO's dividend yield for the trailing twelve months is around 0.32%, while BBAI has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XQQ.TO iShares NASDAQ 100 Index ETF (CAD-Hedged) | 0.32% | 0.31% | 0.43% | 0.17% | 0.26% | 0.46% | 0.52% | 0.53% | 0.76% | 0.62% | 1.30% | 1.10% |
BBAI BigBear.ai Holdings, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
XQQ.TO vs. BBAI - Drawdown Comparison
The maximum XQQ.TO drawdown since its inception was -100.00%, which is greater than BBAI's maximum drawdown of -95.01%. Use the drawdown chart below to compare losses from any high point for XQQ.TO and BBAI. For additional features, visit the drawdowns tool.
Volatility
XQQ.TO vs. BBAI - Volatility Comparison
The current volatility for iShares NASDAQ 100 Index ETF (CAD-Hedged) (XQQ.TO) is 4.30%, while BigBear.ai Holdings, Inc. (BBAI) has a volatility of 25.86%. This indicates that XQQ.TO experiences smaller price fluctuations and is considered to be less risky than BBAI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.