Back in July this year, I compared the returns of QQQ vs the equal weight QQQE since April 2012, when QQQE first became available as an ETF. Here's that comparison: https://www.shrewdm.com/MB?pid=784408820 My result at the time was 17.4% CAGR for QQQ vs about 14% CAGR for QQQE.

I'm updating that comparison now to include YTD results. Once again, I used portfoliovisualizer.com. Not much has changed.

Starting with $100K in April 2012, the QQQ investor would have $608K today, whereas the QQQE investor would only have $436K.

Here are the figures in detail.

April 2012 to present
Portfolio   Starting Balance Ending balance  CAGR   Sharpe ratio.  Max drawdown
QQQ         $100,000         $640,048        17.6%   0.94          -32.6%
QQQE        $100,000         $447,767        13.7%   0.79          -29.0% 

As you can see, QQQ investors got over a 17% annualized return vs less than 14% for equal weight QQQE investors. The Sharpe (reward to risk) ratio was better, too.

Six months ago, I gave my reasons for why I personally prefer a cap-weighted index to an equal-weight index. You can read my reasons at

https://www.shrewdm.com/MB?pid=447566267

However, that's just my preference.

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