WABF vs QQQP
Comparison between Western Asset Bond ETF (WABF, ETF) and TRADR 2X LONG INNOVATION 100 QUARTERLY ETF (QQQP, ETF).
WABF vs QQQP - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
WABF
$16M
Winner
QQQP
$17M
Expense Ratio
WABF
0.35%
QQQP
N/A
Max Drawdown
Winner
WABF
8.07%
QQQP
42.50%
Sharpe Ratio
WABF
0.28
Winner
QQQP
1.47
5Y Beta
Winner
WABF
0.05
QQQP
2.46
WABF vs QQQP - Historical Returns
Returns include dividend reinvestment.
1M
WABF
-0.14%
Winner
QQQP
+5.81%
3M
WABF
-1.17%
Winner
QQQP
+27.80%
6M
WABF
+0.14%
Winner
QQQP
+19.48%
1Y
WABF
+5.03%
Winner
QQQP
+61.62%
Max(CAGR)
WABF
+5.84%
Winner
QQQP
+41.68%
WABF vs QQQP - Annual Returns (2023 - 2026)
Returns include dividend reinvestment.
| Year | WABF | QQQP |
|---|---|---|
| 2026 | -0.03% | +24.82% |
| 2025 | +7.90% | +30.78% |
| 2024 | +1.76% | +10.88% |
| 2023 | +6.80% | N/A |
WABF vs QQQP Drawdown Comparison
The maximum drawdown for WABF was -5.35%, occurring on Jan 13, 2025. Recovery took 197 trading sessions.
The maximum drawdown for QQQP was -42.50%, occurring on Apr 8, 2025. Recovery took 135 trading sessions.
The current WABF drawdown is -1.94%. The current QQQP drawdown is -8.92%.
| Rank | WABF | QQQP |
|---|---|---|
| #1 | -5.35% Sep 16, 2024 - Jul 1, 2025 | -42.50% Dec 16, 2024 - Jul 3, 2025 |
| #2 | -4.75% Sep 22, 2023 - Nov 14, 2023 | -25.35% Oct 29, 2025 - Apr 22, 2026 |
| #3 | -4.38% Feb 1, 2024 - Jul 11, 2024 | -8.92% Jun 2, 2026 - Jun 5, 2026 |
| #4 | -3.02% Feb 27, 2026 - Mar 27, 2026 | -6.98% Oct 8, 2025 - Oct 20, 2025 |
| #5 | -2.13% Dec 27, 2023 - Feb 1, 2024 | -6.63% Nov 8, 2024 - Dec 2, 2024 |
| #6 | -1.31% Jul 1, 2025 - Aug 1, 2025 | -6.02% Oct 29, 2024 - Nov 6, 2024 |
| #7 | -1.10% Aug 2, 2024 - Aug 14, 2024 | -5.85% Aug 13, 2025 - Sep 11, 2025 |
| #8 | -1.09% Oct 28, 2025 - Jan 13, 2026 | -4.99% Jul 28, 2025 - Aug 8, 2025 |
| #9 | -0.90% Jul 17, 2024 - Jul 30, 2024 | -4.39% May 14, 2026 - May 26, 2026 |
| #10 | -0.70% Sep 16, 2025 - Oct 14, 2025 | -3.83% Oct 14, 2024 - Oct 29, 2024 |
| #11 | -0.62% Jan 14, 2026 - Feb 5, 2026 | -2.98% Sep 22, 2025 - Oct 1, 2025 |
| #12 | -0.60% Dec 6, 2023 - Dec 13, 2023 | -2.51% Oct 4, 2024 - Oct 8, 2024 |
| #13 | -0.59% Aug 13, 2025 - Aug 27, 2025 | -2.42% May 28, 2026 - Jun 1, 2026 |
| #14 | -0.59% Aug 23, 2024 - Sep 4, 2024 | -2.41% Dec 6, 2024 - Dec 11, 2024 |
| #15 | -0.58% Nov 14, 2023 - Nov 16, 2023 | -2.25% Oct 20, 2025 - Oct 24, 2025 |
Correlation
Correlation between WABF and QQQP is 0.79 which considered as a strong positive correlation - the stocks tend to move together.
0.79
-101
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