QQQ vs QQQM comparison¶

QQQ vs QQQM performance comment¶

Market Comparison Analysis¶

The following is a comparison of the market performance for tickers QQQ and QQQM over a 60-day period. The analysis includes key metrics such as High, Low, Close, Start Price, Gain %, Annualized Gain %, Annualized Volatility %, Max Drawdown %, and Sharpe Ratio for both markets.

Market Performance Metrics Overview¶

Metric	QQQ	QQQM
High	429.85	176.94
Low	395.34	162.74
Close	425.83	175.29
Start Price	402.59	165.7
Gain %	5.77%	5.79%
Annualized Gain %	87.79%	88.02%
Annualized Volatility %	13.96%	13.97%
Max Drawdown %	-1.57%	-1.56%
Sharpe Ratio	6.83	6.85

The Gain % for both QQQ and QQQM indicates a healthy appreciation of the market value over the 60-day period. This suggests a positive market trend for both markets. The Annualized Gain % further confirms the steady growth, with both markets showing an annualized gain of over 87%.

The Annualized Volatility % measures the risk of the market, and for both QQQ and QQQM, the figure is relatively low at around 13.96%, indicating a stable market performance with low risk.

The Max Drawdown % is a measure of the peak-to-trough decline during a specific period, and both markets have a modest drawdown of around -1.57% to -1.56%, reaffirming the stability of the market performance.

The Sharpe Ratio is a measure of risk-adjusted return, and both markets have a high Sharpe Ratio of around 6.83 to 6.85, indicating that the returns are significantly higher compared to the risk taken.

Market Comparison Insights¶

The comparison of QQQ and QQQM over the 60-day period reflects a similar performance in terms of market growth, volatility, risk, and return. Both markets have shown a positive trend with low volatility and risk, resulting in a high risk-adjusted return.

The Annualized Gain % being over 87% for both markets demonstrates the potential for strong long-term returns. This, combined with the relatively low Annualized Volatility % and modest Max Drawdown %, suggests that both markets offer a favorable risk-return profile for investors.

The high Sharpe Ratio for both markets further indicates that investors have been adequately compensated for the level of risk taken, signifying a positive investment opportunity in both QQQ and QQQM.

QQQ YTD Return (Daily)¶

Comment on YTD Total Returns Results of QQQ¶

Year-to-Date Performance¶

The YTD open for the QQQ was 405.84, reaching a peak of 429.85 and a low of 395.34. The YTD close stood at 425.83, reflecting a gain of 5.77%. The YTD annualized gain was 87.79%, with an annualized volatility of 13.96%. The YTD max drawdown was -1.57%, indicating a minimal loss.

Previous Year Performance¶

In the previous year, the annualized gain was 55.91%, with an annualized volatility of 17.88%. The max drawdown for the year was -10.78%, suggesting a moderate level of risk.

Historical Performance¶

Excluding the current year, the historical annualized volatility stood at 27.28%, with an average annualized gain of 10.49%. The max drawdown in the data (excluding the current year) was -82.98%, signifying a significant risk level. The average Sharpe ratio for all years (excluding the last) was 0.38, highlighting overall returns relative to the level of risk taken.

Current Market Conditions¶

The last close of 425.83 reflected a gain of 3.73% over the last 5 days. The MA 200 is at 365.96, the MA 50 is at 399.20, and the MA 5 is at 421.04. The average annualized volatility currently stands at 14.34%, while it was 11.43% a month ago. The current last close could indicate an uptrend, being above both the MA 200 and MA 50, suggesting a bullish sentiment in the market. However, the average annualized volatility has increased, which could create uncertainty in the market. Overall, the QQQ has shown a strong performance, with significant gains and relatively low risk. However, the increase in volatility in the current period could signify changing market conditions. Investors should carefully monitor these trends to make informed decisions.

QQQ Annual Dividends¶

Year	Annual Dividend	Dividend Yield
2023	$2.54	0.62%
2022	$2.14	0.78%
2021	$1.7	0.44%
2020	$1.74	0.56%
2019	$1.58	0.75%

QQQ Montly Dividends¶

Year	Feb	Mar	Jun	Sep	Dec
2023	0.0	$0.47	$0.5	$0.54	$1.02
2022	0.0	$0.43	$0.53	$0.52	$0.66
2021	0.0	$0.39	$0.4	$0.41	$0.49
2020	0.0	$0.36	$0.42	$0.39	$0.56
2019	0.0	$0.32	$0.42	$0.38	$0.46
2018	0.0	$0.28	$0.38	$0.33	$0.42
2017	0.0	$0.27	$0.38	$0.32	$0.33
2016	0.0	$0.32	$0.29	$0.29	$0.35
2015	0.0	$0.25	$0.25	$0.26	$0.34
2014	$0.37	$0.21	$0.25	$0.24	$0.39
2013	0.0	$0.16	$0.22	$0.24	$0.27
2012	0.0	$0.11	$0.14	$0.2	$0.37
2011	0.0	$0.08	$0.12	$0.1	$0.21
2010	0.0	$0.05	$0.18	$0.11	$0.11
2009	0.0	$0.05	$0.04	$0.04	$0.07
2008	0.0	$0.03	$0.03	$0.03	$0.04
2007	0.0	$0.03	$0.04	$0.03	$0.05
2006	0.0	$0.03	$0.03	$0.02	$0.05
2005	0.0	0.0	$0.04	0.0	$0.1
2004	0.0	0.0	0.0	0.0	$0.38
2003	0.0	0.0	0.0	0.0	$0.01

Published: 2024-01-25

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