Give me some closed end funds/ETFs/ETNs or anything else that might beat QQQs

So I just looked what XLK is, technology focused. Narrow focus, I wish it was a broader fund. But still, I need to run longer term numbers on it.
 
SoyUnPerdedor said:
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:)


So, if you put $100 in TQQQ and kept your account 100% invested in it at all times, you would end up with $216.82, versus $182.10 for the QQQ. But while the QQQs max drawdown was 28.56%, it was 69.92% for the TQQQ.
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Over what time period?
 
betcashrun said:
QLD (x2)
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You would have only have had to keep invested 56.66% of your account to end up with the same ending amount as the QQQs at 100%, the ending amount in both cases being $182.10. However, your max drawdown with that level of investment would have been 31.61%, compared to the QQQ at only 28.56%.

These leveraged ones are interesting. Yes, you don't really get the 2x or 3x stated returns, due to the parasitic drag via the futures use, but you are not behind by THAT much. And your max drawdowns are not worse by THAT much as well. But in return you could use that money you saved to buy a short term bond fund or something that would juice your returns. If you could get 3% on the money you saved maybe the QLDs would come out ahead. I need to see if I can add that feature...
 
SoyUnPerdedor said:
And the battle is won!!!!! Based on my 3/1/2018 start date, if you started with $100, and kept your account 100% invested in QQQ the whole time, you would end up with the $182.10 (same as before).

However, with XLK, you would only have to keep your account 79.259% invested to end up with that same $182.10. And if you did that your max drawdown would be only 25.11%, versus 28.56% for the QQQ! And, of course, given that you have less invested, the remainder of the account could be invested in something else (or more XLK if you wanted) for even more profits!

All hail XLK! I'll do the max long term testing on this one, and any others that look like they might beat the QQQs in my 3/1/2018 testing, that anyone can come up with. More people!!!

Thanks iphrph90!
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That simply represents the perfomance of the whole sector.

Tech returns in 10 years - 400%, while for example, energy - 40%.

If one expects the whole sector to do well, a bet could be made.
Athough, a specific industry can burn you down, say the DDD etf as example. Down for 10 years or so.
Probably etf is made of a bunch of names, with no fundamentals and dreams only, about printing the colonies on mars etc.
 
Nobert said:
That simply represents the perfomance of the whole sector.

Tech returns in 10 years - 400%, while for example, energy - 40%.

If one expects the whole sector to do well, a bet could be made.
Athough, a specific industry can burn you down, say the DDD etf as example. Down for 10 years or so.
Probably etf is made of a bunch of names, with no fundamentals and dreams only, about printing the colonies on mars etc.
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Yea, the fact that it is tech specific I don't like, its just that sector outperformed for that period. Although, QQQ is pretty much mostly tech as well, if I remember correctly.

What is DDD etf ticker? I typed in DDD and it gave me a company, not an etf.

Thanks!
 
SoyUnPerdedor said:
What is DDD etf ticker? I typed in DDD and it gave me a company, not an etf.
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You're right.

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All this time i was thinking that it's an ETF made out of various 3D printer companies, and would look upon it as a benchmark for 3D printers industry performance, because, one person told that it is, indirectly.

Once a year, at the most tho.

Seem that me and him, both, kinda, noobs. (laughs)

Thanks.

PRNT would be an etf of such sort, correlating quite a lot with DDD.

DDD is the largest position within.
 
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