^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:
-0.27
QQQ:
1.64
^FCHI:
-0.28
QQQ:
2.19
^FCHI:
0.97
QQQ:
1.30
^FCHI:
-0.26
QQQ:
2.16
^FCHI:
-0.48
QQQ:
7.79
^FCHI:
7.13%
QQQ:
3.76%
^FCHI:
12.78%
QQQ:
17.85%
^FCHI:
-65.29%
QQQ:
-82.98%
^FCHI:
-11.72%
QQQ:
-3.63%
Returns By Period
In the year-to-date period, ^FCHI achieves a -3.56% return, which is significantly lower than QQQ's 27.20% return. Over the past 10 years, ^FCHI has underperformed QQQ with an annualized return of 5.28%, while QQQ has yielded a comparatively higher 18.36% annualized return.
^FCHI
-3.56%
1.06%
-4.64%
-3.92%
3.79%
5.28%
QQQ
27.20%
3.08%
8.34%
27.81%
20.44%
18.36%
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Risk-Adjusted Performance
^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 3.48%, while Invesco QQQ (QQQ) has a volatility of 5.29%. 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.