XSOE vs. QQQ
Compare and contrast key facts about WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (XSOE) and Invesco QQQ (QQQ).
XSOE and QQQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XSOE is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree Emerging Markets ex-State-Owned Enterprises Index. It was launched on Dec 10, 2014. 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 XSOE 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: XSOE or QQQ.
Correlation
The correlation between XSOE and QQQ is 0.60, 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
XSOE vs. QQQ - Performance Comparison
Key characteristics
XSOE:
0.83
QQQ:
1.64
XSOE:
1.25
QQQ:
2.19
XSOE:
1.15
QQQ:
1.30
XSOE:
0.36
QQQ:
2.16
XSOE:
3.19
QQQ:
7.79
XSOE:
4.07%
QQQ:
3.76%
XSOE:
15.69%
QQQ:
17.85%
XSOE:
-45.23%
QQQ:
-82.98%
XSOE:
-26.46%
QQQ:
-3.63%
Returns By Period
In the year-to-date period, XSOE achieves a 8.53% return, which is significantly lower than QQQ's 27.20% return. Over the past 10 years, XSOE has underperformed QQQ with an annualized return of 4.90%, while QQQ has yielded a comparatively higher 18.36% annualized return.
XSOE
8.53%
-0.67%
2.00%
10.99%
1.54%
4.90%
QQQ
27.20%
3.08%
8.34%
27.81%
20.44%
18.36%
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XSOE vs. QQQ - Expense Ratio Comparison
XSOE has a 0.32% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
XSOE vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (XSOE) 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
XSOE vs. QQQ - Dividend Comparison
XSOE's dividend yield for the trailing twelve months is around 1.00%, more than QQQ's 0.43% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund | 1.00% | 1.78% | 2.53% | 1.36% | 1.02% | 2.01% | 1.56% | 0.65% | 1.43% | 3.94% | 0.21% | 0.00% |
QQQ Invesco QQQ | 0.43% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.02% |
Drawdowns
XSOE vs. QQQ - Drawdown Comparison
The maximum XSOE drawdown since its inception was -45.23%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for XSOE and QQQ. For additional features, visit the drawdowns tool.
Volatility
XSOE vs. QQQ - Volatility Comparison
The current volatility for WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (XSOE) is 3.78%, while Invesco QQQ (QQQ) has a volatility of 5.29%. This indicates that XSOE 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.