QLD vs QQQ comparison¶
QLD vs QQQ performance comment¶
Market Performance Metrics Overview¶
| Metric | Data1 QLD | Data2 QQQ |
|---|---|---|
| High | 83.25 | 429.85 |
| Low | 70.74 | 395.34 |
| Close | 81.69 | 425.83 |
| Start Price | 73.44 | 402.59 |
| Gain % | 11.23% | 5.77% |
| Annualized Gain % | 170.85% | 87.79% |
| Annualized Volatility % | 27.87% | 13.96% |
| Max Drawdown % | -3.21% | -1.57% |
| Sharpe Ratio | 6.57 | 6.83 |
The comparison of market performance metrics for QLD and QQQ over the 60-day period reveals several insights into the relative performance and risk profile of the two markets.
Gain and Annualized Gain¶
- Gain % and Annualized Gain % are higher for QLD, indicating that QLD has generated higher returns for investors over the observed period. This suggests that QLD has outperformed QQQ in terms of price appreciation.
Volatility and Max Drawdown¶
- Annualized Volatility % is notably higher for QLD compared to QQQ, which indicates that QLD has experienced greater price fluctuations over the observed period.
- Max Drawdown % is also higher for QLD, signifying a greater potential for loss compared to QQQ.
Sharpe Ratio¶
- The Sharpe Ratio is a measure of risk-adjusted return, and a higher ratio indicates better risk-adjusted performance. Here, QQQ has a slightly higher Sharpe Ratio than QLD, indicating that QQQ may have provided better risk-adjusted returns compared to QLD over the observed period.
Overall, while QLD has demonstrated higher returns, it has also exhibited higher volatility and a greater potential for loss. On the other hand, QQQ has shown lower volatility and a relatively better risk-adjusted performance, as evidenced by its higher Sharpe Ratio. Investors should consider their risk tolerance and investment objectives when evaluating these two markets for potential investment.
QLD YTD Return (Daily)¶
Comment on YTD Total Returns Results of QLD¶
Performance Overview¶
The year-to-date gain for QLD stands at 11.23%, with an impressive YTD annualized gain of 170.85%. The historical annualized volatility (excluding current year) has been 44.28%, while the current YTD annualized volatility is at 27.87%. The max drawdown for the year has been -3.21%, showcasing minimal risk.
Historical Analysis¶
Looking at the last year's statistics, the annualized gain was 120.20%, with a volatility of 35.90%. The max drawdown for the same period was -22.60%. The average Sharpe ratio, excluding the last year, has been at 0.69, indicating modest risk-adjusted returns.
Market Conditions¶
The QLD has shown a significant current last close of 81.69, with a current MA 200 at 62.80, MA 50 at 72.48, and MA 5 at 79.94. This suggests that the current price is well above the moving averages, indicating a potential bullish trend. Overall, the QLD market has displayed strong performance with impressive annualized gains and minimal drawdowns. The volatility has been relatively low, showcasing stable and consistent growth in the market. The current market condition suggests a bullish trend, with the price well above the moving averages. This indicates potential further upward movement in the market.
QLD Annual Dividends¶
| Year | Annual Dividend | Dividend Yield |
|---|---|---|
| 2023 | $0.08 | 0.1% |
| 2022 | $0.11 | 0.29% |
| 2021 | $0.0 | nan% |
| 2020 | $0.01 | 0.01% |
| 2019 | $0.15 | 0.13% |
QLD Montly Dividends¶
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | $0.08 |
| 2022 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | $0.11 |
| 2020 | 0.0 | 0.0 | $0.01 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| 2019 | 0.0 | 0.0 | $0.06 | 0.0 | 0.0 | $0.04 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | $0.05 |
| 2018 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | $0.04 |
| 2017 | 0.0 | 0.0 | $0.02 | 0.0 | 0.0 | $0.01 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| 2016 | 0.0 | 0.0 | $0.08 | 0.0 | 0.0 | $0.04 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | $0.06 |
| 2015 | 0.0 | 0.0 | $0.08 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | $0.05 |
| 2014 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | $0.18 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | $0.08 |
| 2013 | 0.0 | 0.0 | $0.13 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| 2012 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | $0.08 |
| 2008 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | $0.03 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| 2007 | 0.0 | 0.0 | $0.01 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | $5.09 |
| 2006 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | $5.42 |
Published: 2024-01-25
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