XT vs. QTUM-USD
Compare and contrast key facts about iShares Exponential Technologies ETF (XT) and QTUM (QTUM-USD).
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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: XT or QTUM-USD.
Key characteristics
| XT | QTUM-USD | |
|---|---|---|
| YTD Return | -1.07% | -38.28% |
| 1Y Return | 7.69% | 1.15% |
| 3Y Return (Ann) | -2.93% | -43.83% |
| 5Y Return (Ann) | 10.21% | 1.57% |
| Sharpe Ratio | 0.54 | -0.41 |
| Daily Std Dev | 18.26% | 68.53% |
| Max Drawdown | -34.41% | -98.90% |
| Current Drawdown | -10.57% | -97.57% |
Correlation
The correlation between XT and QTUM-USD is 0.18, 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
XT vs. QTUM-USD - Performance Comparison
In the year-to-date period, XT achieves a -1.07% return, which is significantly higher than QTUM-USD's -38.28% 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
XT vs. QTUM-USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Exponential Technologies ETF (XT) and QTUM (QTUM-USD). 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.
Drawdowns
XT vs. QTUM-USD - Drawdown Comparison
The maximum XT drawdown since its inception was -34.41%, smaller than the maximum QTUM-USD drawdown of -98.90%. Use the drawdown chart below to compare losses from any high point for XT and QTUM-USD. For additional features, visit the drawdowns tool.
Volatility
XT vs. QTUM-USD - Volatility Comparison
The current volatility for iShares Exponential Technologies ETF (XT) is 7.85%, while QTUM (QTUM-USD) has a volatility of 23.58%. This indicates that XT experiences smaller price fluctuations and is considered to be less risky than QTUM-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.