ZIG vs. QQQ
Compare and contrast key facts about Acquirers Fund (ZIG) and Invesco QQQ (QQQ).
ZIG and QQQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ZIG is a passively managed fund by Acquirers Funds that tracks the performance of the Acquirer's Index. It was launched on May 15, 2019. 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 ZIG 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: ZIG or QQQ.
Key characteristics
| ZIG | QQQ | |
|---|---|---|
| YTD Return | 10.01% | 15.96% |
| 1Y Return | 23.19% | 28.44% |
| 3Y Return (Ann) | 11.45% | 8.94% |
| 5Y Return (Ann) | 9.43% | 20.55% |
| Sharpe Ratio | 1.20 | 1.62 |
| Daily Std Dev | 19.44% | 17.68% |
| Max Drawdown | -37.14% | -82.98% |
| Current Drawdown | -3.82% | -5.86% |
Correlation
The correlation between ZIG and QQQ is 0.58, 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
ZIG vs. QQQ - Performance Comparison
In the year-to-date period, ZIG achieves a 10.01% return, which is significantly lower than QQQ's 15.96% 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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ZIG vs. QQQ - Expense Ratio Comparison
ZIG has a 1.85% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
ZIG vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Acquirers Fund (ZIG) 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
ZIG vs. QQQ - Dividend Comparison
ZIG's dividend yield for the trailing twelve months is around 0.97%, more than QQQ's 0.50% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ZIG Acquirers Fund | 0.97% | 1.07% | 1.26% | 0.18% | 0.18% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQ Invesco QQQ | 0.50% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.01% |
Drawdowns
ZIG vs. QQQ - Drawdown Comparison
The maximum ZIG drawdown since its inception was -37.14%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for ZIG and QQQ. For additional features, visit the drawdowns tool.
Volatility
ZIG vs. QQQ - Volatility Comparison
Acquirers Fund (ZIG) has a higher volatility of 7.27% compared to Invesco QQQ (QQQ) at 6.05%. This indicates that ZIG'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.