0941.HK vs. QQQ
Compare and contrast key facts about China Mobile Ltd (0941.HK) 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: 0941.HK or QQQ.
Correlation
The correlation between 0941.HK and QQQ is 0.11, 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
0941.HK vs. QQQ - Performance Comparison
Key characteristics
0941.HK:
1.62
QQQ:
1.64
0941.HK:
2.39
QQQ:
2.19
0941.HK:
1.30
QQQ:
1.30
0941.HK:
1.49
QQQ:
2.16
0941.HK:
6.98
QQQ:
7.79
0941.HK:
4.23%
QQQ:
3.76%
0941.HK:
18.46%
QQQ:
17.85%
0941.HK:
-80.80%
QQQ:
-82.98%
0941.HK:
-2.59%
QQQ:
-3.63%
Returns By Period
In the year-to-date period, 0941.HK achieves a 24.33% return, which is significantly lower than QQQ's 27.20% return. Over the past 10 years, 0941.HK has underperformed QQQ with an annualized return of 3.52%, while QQQ has yielded a comparatively higher 18.36% annualized return.
0941.HK
24.33%
5.68%
5.00%
30.79%
11.16%
3.52%
QQQ
27.20%
3.08%
8.34%
27.81%
20.44%
18.36%
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Risk-Adjusted Performance
0941.HK vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for China Mobile Ltd (0941.HK) 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.
Dividends
0941.HK vs. QQQ - Dividend Comparison
0941.HK's dividend yield for the trailing twelve months is around 6.64%, more than QQQ's 0.43% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
0941.HK China Mobile Ltd | 6.64% | 7.16% | 8.95% | 7.24% | 7.36% | 4.45% | 4.52% | 3.62% | 3.27% | 3.32% | 3.49% | 4.32% |
QQQ Invesco QQQ | 0.43% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.02% |
Drawdowns
0941.HK vs. QQQ - Drawdown Comparison
The maximum 0941.HK drawdown since its inception was -80.80%, roughly equal to the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for 0941.HK and QQQ. For additional features, visit the drawdowns tool.
Volatility
0941.HK vs. QQQ - Volatility Comparison
The current volatility for China Mobile Ltd (0941.HK) is 2.90%, while Invesco QQQ (QQQ) has a volatility of 5.29%. This indicates that 0941.HK 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.