^XCI vs. QQQ
Compare and contrast key facts about ARCA Computer Technology Index (^XCI) 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: ^XCI or QQQ.
Correlation
The correlation between ^XCI and QQQ is 0.84, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
^XCI vs. QQQ - Performance Comparison
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Key characteristics
^XCI:
0.41
QQQ:
0.45
^XCI:
0.77
QQQ:
0.81
^XCI:
1.10
QQQ:
1.11
^XCI:
0.46
QQQ:
0.51
^XCI:
1.42
QQQ:
1.65
^XCI:
8.69%
QQQ:
6.96%
^XCI:
30.44%
QQQ:
25.14%
^XCI:
-77.19%
QQQ:
-82.98%
^XCI:
-12.58%
QQQ:
-9.42%
Returns By Period
In the year-to-date period, ^XCI achieves a -9.33% return, which is significantly lower than QQQ's -4.41% return. Over the past 10 years, ^XCI has outperformed QQQ with an annualized return of 21.14%, while QQQ has yielded a comparatively lower 17.26% annualized return.
^XCI
-9.33%
4.45%
-9.10%
12.29%
22.94%
21.14%
QQQ
-4.41%
4.71%
-4.80%
11.32%
17.54%
17.26%
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Risk-Adjusted Performance
^XCI vs. QQQ — Risk-Adjusted Performance Rank
^XCI
QQQ
^XCI vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ARCA Computer Technology Index (^XCI) 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
^XCI vs. QQQ - Drawdown Comparison
The maximum ^XCI drawdown since its inception was -77.19%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for ^XCI and QQQ. For additional features, visit the drawdowns tool.
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Volatility
^XCI vs. QQQ - Volatility Comparison
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