^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 0.49, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
^FCHI vs. QQQ - Performance Comparison
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Key characteristics
^FCHI:
-0.16
QQQ:
0.53
^FCHI:
-0.15
QQQ:
0.92
^FCHI:
0.98
QQQ:
1.13
^FCHI:
-0.20
QQQ:
0.60
^FCHI:
-0.48
QQQ:
1.95
^FCHI:
6.83%
QQQ:
7.00%
^FCHI:
16.84%
QQQ:
25.49%
^FCHI:
-65.29%
QQQ:
-82.98%
^FCHI:
-4.56%
QQQ:
-4.59%
Returns By Period
In the year-to-date period, ^FCHI achieves a 6.55% return, which is significantly higher than QQQ's 0.69% return. Over the past 10 years, ^FCHI has underperformed QQQ with an annualized return of 4.39%, while QQQ has yielded a comparatively higher 17.53% annualized return.
^FCHI
6.55%
7.34%
9.03%
-2.81%
7.34%
12.09%
4.39%
QQQ
0.69%
15.64%
2.10%
13.48%
21.36%
18.22%
17.53%
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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.
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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.
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Volatility
^FCHI vs. QQQ - Volatility Comparison
The current volatility for CAC 40 (^FCHI) is 3.85%, while Invesco QQQ (QQQ) has a volatility of 5.55%. 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.
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