XT vs. QQQ
Compare and contrast key facts about iShares Exponential Technologies ETF (XT) and Invesco QQQ (QQQ).
XT and QQQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XT is a passively managed fund by iShares that tracks the performance of the Morningstar Exponential Technologies Index. It was launched on Mar 19, 2015. 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 XT 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: XT or QQQ.
Correlation
The correlation between XT and QQQ is 0.88, 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.
Performance
XT vs. QQQ - Performance Comparison
Key characteristics
XT:
-0.16
QQQ:
0.36
XT:
-0.10
QQQ:
0.60
XT:
0.99
QQQ:
1.08
XT:
-0.16
QQQ:
0.52
XT:
-0.69
QQQ:
1.40
XT:
4.03%
QQQ:
5.08%
XT:
17.56%
QQQ:
19.63%
XT:
-34.41%
QQQ:
-82.98%
XT:
-12.48%
QQQ:
-12.25%
Returns By Period
In the year-to-date period, XT achieves a -3.47% return, which is significantly higher than QQQ's -7.40% return. Over the past 10 years, XT has underperformed QQQ with an annualized return of 9.70%, while QQQ has yielded a comparatively higher 17.18% annualized return.
XT
-3.47%
-5.90%
-3.86%
-2.85%
11.59%
9.70%
QQQ
-7.40%
-6.84%
-1.48%
6.89%
21.36%
17.18%
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XT vs. QQQ - Expense Ratio Comparison
XT has a 0.47% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
XT vs. QQQ — Risk-Adjusted Performance Rank
XT
QQQ
XT vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Exponential Technologies ETF (XT) 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
XT vs. QQQ - Dividend Comparison
XT's dividend yield for the trailing twelve months is around 0.68%, more than QQQ's 0.63% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XT iShares Exponential Technologies ETF | 0.68% | 0.66% | 0.41% | 0.78% | 0.84% | 0.77% | 1.55% | 1.45% | 0.97% | 1.37% | 1.34% | 0.00% |
QQQ Invesco QQQ | 0.63% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
XT vs. QQQ - Drawdown Comparison
The maximum XT drawdown since its inception was -34.41%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for XT and QQQ. For additional features, visit the drawdowns tool.
Volatility
XT vs. QQQ - Volatility Comparison
The current volatility for iShares Exponential Technologies ETF (XT) is 6.40%, while Invesco QQQ (QQQ) has a volatility of 7.73%. This indicates that XT 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.