So I initially stated testing QQQ versus SPY from an earlier period, and the QQQ absolutely CRUSHED IT. But then I wanted to back as far as I could.
So QQQ started 3/19/99. So I ran my QQQ and SPY tests both from that date.
If you had invested $100 in SPY as of such date, it would have grown to $484.56 today. However, if you had put it into QQQ, it would be $735.33 today. YUGE difference.
In fact, if you had only invested $65.897 in QQQ as of such date, you'd end up with the same $484.56 today as if you had invested $100 in SPY. That's over $34 (!!!!) you could have invested other things that suit your fancy, be it gold, bonds, utilities, fancy cars, hawt women, or, if you are destrina, giant 13" long black dildos.
Now, while the % max draw down on the QQQ is a good bit higher, like 82.96% versus 55.19% for SPY, if that bothered you, you could have just put in the $65.897 and your actual dollar drawdown would have been LESS (and again you could put the rest of your cash in bonds or whatever you consider "safe").
Now, mind you, that was no too long before the HUGE 2000 tech crash, disproportionately crushing the QQQ, including that drawdown. Like I said, if you start after that period, the QQQ crushes it EVEN MORE. Its a slaughter really.
The moral of the story: I've just given you guys some true alpha, go QQQ. You are welcome... and enjoy!!!!
So QQQ started 3/19/99. So I ran my QQQ and SPY tests both from that date.
If you had invested $100 in SPY as of such date, it would have grown to $484.56 today. However, if you had put it into QQQ, it would be $735.33 today. YUGE difference.
In fact, if you had only invested $65.897 in QQQ as of such date, you'd end up with the same $484.56 today as if you had invested $100 in SPY. That's over $34 (!!!!) you could have invested other things that suit your fancy, be it gold, bonds, utilities, fancy cars, hawt women, or, if you are destrina, giant 13" long black dildos.
Now, while the % max draw down on the QQQ is a good bit higher, like 82.96% versus 55.19% for SPY, if that bothered you, you could have just put in the $65.897 and your actual dollar drawdown would have been LESS (and again you could put the rest of your cash in bonds or whatever you consider "safe").
Now, mind you, that was no too long before the HUGE 2000 tech crash, disproportionately crushing the QQQ, including that drawdown. Like I said, if you start after that period, the QQQ crushes it EVEN MORE. Its a slaughter really.
The moral of the story: I've just given you guys some true alpha, go QQQ. You are welcome... and enjoy!!!!