^FCHI vs. QQQ
Compare and contrast key facts about CAC 40 (^FCHI) and Invesco QQQ (QQQ).
QQQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 10, 1999.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^FCHI or QQQ.
Correlation
The correlation between ^FCHI and QQQ is 0.39, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
^FCHI vs. QQQ - Performance Comparison
Key characteristics
^FCHI:
0.33
QQQ:
1.58
^FCHI:
0.54
QQQ:
2.13
^FCHI:
1.06
QQQ:
1.28
^FCHI:
0.32
QQQ:
2.13
^FCHI:
0.57
QQQ:
7.44
^FCHI:
7.58%
QQQ:
3.88%
^FCHI:
13.18%
QQQ:
18.24%
^FCHI:
-65.29%
QQQ:
-82.98%
^FCHI:
-6.43%
QQQ:
-2.90%
Returns By Period
In the year-to-date period, ^FCHI achieves a 4.46% return, which is significantly higher than QQQ's 2.06% return. Over the past 10 years, ^FCHI has underperformed QQQ with an annualized return of 5.48%, while QQQ has yielded a comparatively higher 18.75% annualized return.
^FCHI
4.46%
5.69%
2.33%
4.59%
4.79%
5.48%
QQQ
2.06%
1.18%
10.12%
27.08%
19.30%
18.75%
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Risk-Adjusted Performance
^FCHI vs. QQQ — Risk-Adjusted Performance Rank
^FCHI
QQQ
^FCHI vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for CAC 40 (^FCHI) and Invesco QQQ (QQQ). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Drawdowns
^FCHI vs. QQQ - Drawdown Comparison
The maximum ^FCHI drawdown since its inception was -65.29%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for ^FCHI and QQQ. For additional features, visit the drawdowns tool.
Volatility
^FCHI vs. QQQ - Volatility Comparison
The current volatility for CAC 40 (^FCHI) is 5.04%, while Invesco QQQ (QQQ) has a volatility of 6.44%. This indicates that ^FCHI experiences smaller price fluctuations and is considered to be less risky than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.