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

Correlation

The correlation between XSW and QQQ is 0.76, 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.


-0.50.00.51.00.8

Performance

XSW vs. QQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR S&P Software & Services ETF (XSW) and Invesco QQQ (QQQ). The values are adjusted to include any dividend payments, if applicable.

500.00%600.00%700.00%800.00%900.00%1,000.00%JulyAugustSeptemberOctoberNovemberDecember
766.31%
984.58%
XSW
QQQ

Key characteristics

Sharpe Ratio

XSW:

1.41

QQQ:

1.64

Sortino Ratio

XSW:

1.95

QQQ:

2.19

Omega Ratio

XSW:

1.25

QQQ:

1.30

Calmar Ratio

XSW:

1.32

QQQ:

2.16

Martin Ratio

XSW:

7.49

QQQ:

7.79

Ulcer Index

XSW:

4.26%

QQQ:

3.76%

Daily Std Dev

XSW:

22.69%

QQQ:

17.85%

Max Drawdown

XSW:

-45.38%

QQQ:

-82.98%

Current Drawdown

XSW:

-4.95%

QQQ:

-3.63%

Returns By Period

In the year-to-date period, XSW achieves a 29.56% return, which is significantly higher than QQQ's 27.20% return. Over the past 10 years, XSW has underperformed QQQ with an annualized return of 15.49%, while QQQ has yielded a comparatively higher 18.36% annualized return.


XSW

YTD

29.56%

1M

2.46%

6M

33.02%

1Y

28.24%

5Y*

14.03%

10Y*

15.49%

QQQ

YTD

27.20%

1M

3.08%

6M

8.34%

1Y

27.81%

5Y*

20.44%

10Y*

18.36%

Compare stocks, funds, or ETFs

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


XSW vs. QQQ - Expense Ratio Comparison

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


XSW
SPDR S&P Software & Services ETF
Expense ratio chart for XSW: 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

XSW vs. QQQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Software & Services ETF (XSW) 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 XSW, currently valued at 1.41, compared to the broader market0.002.004.001.411.64
The chart of Sortino ratio for XSW, currently valued at 1.95, compared to the broader market-2.000.002.004.006.008.0010.001.952.19
The chart of Omega ratio for XSW, currently valued at 1.25, compared to the broader market0.501.001.502.002.503.001.251.30
The chart of Calmar ratio for XSW, currently valued at 1.32, compared to the broader market0.005.0010.0015.001.322.16
The chart of Martin ratio for XSW, currently valued at 7.49, compared to the broader market0.0020.0040.0060.0080.00100.007.497.79
XSW
QQQ

The current XSW Sharpe Ratio is 1.41, which is comparable to the QQQ Sharpe Ratio of 1.64. The chart below compares the historical Sharpe Ratios of XSW 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 Ratio0.501.001.502.002.50JulyAugustSeptemberOctoberNovemberDecember
1.41
1.64
XSW
QQQ

Dividends

XSW vs. QQQ - Dividend Comparison

XSW's dividend yield for the trailing twelve months is around 0.07%, less than QQQ's 0.43% yield.


TTM20232022202120202019201820172016201520142013
XSW
SPDR S&P Software & Services ETF
0.07%0.20%0.09%0.13%0.26%0.12%0.31%0.46%0.87%0.54%0.53%2.07%
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

XSW vs. QQQ - Drawdown Comparison

The maximum XSW drawdown since its inception was -45.38%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for XSW and QQQ. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-4.95%
-3.63%
XSW
QQQ

Volatility

XSW vs. QQQ - Volatility Comparison

SPDR S&P Software & Services ETF (XSW) has a higher volatility of 8.65% compared to Invesco QQQ (QQQ) at 5.29%. This indicates that XSW'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.


3.00%4.00%5.00%6.00%7.00%8.00%9.00%JulyAugustSeptemberOctoberNovemberDecember
8.65%
5.29%
XSW
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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