0981.HK vs. QQQ
Compare and contrast key facts about Semiconductor Manufacturing International Corp (0981.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: 0981.HK or QQQ.
Key characteristics
0981.HK | QQQ | |
---|---|---|
YTD Return | 48.54% | 26.02% |
1Y Return | 35.32% | 36.73% |
3Y Return (Ann) | 9.55% | 9.97% |
5Y Return (Ann) | 23.98% | 21.44% |
10Y Return (Ann) | 13.48% | 18.42% |
Sharpe Ratio | 0.37 | 2.28 |
Sortino Ratio | 1.12 | 2.98 |
Omega Ratio | 1.14 | 1.41 |
Calmar Ratio | 0.34 | 2.94 |
Martin Ratio | 0.77 | 10.71 |
Ulcer Index | 29.64% | 3.72% |
Daily Std Dev | 62.66% | 17.35% |
Max Drawdown | -95.27% | -82.98% |
Current Drawdown | -29.68% | -0.06% |
Correlation
The correlation between 0981.HK and QQQ is 0.08, 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
0981.HK vs. QQQ - Performance Comparison
In the year-to-date period, 0981.HK achieves a 48.54% return, which is significantly higher than QQQ's 26.02% return. Over the past 10 years, 0981.HK has underperformed QQQ with an annualized return of 13.48%, while QQQ has yielded a comparatively higher 18.42% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
0981.HK vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Semiconductor Manufacturing International Corp (0981.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
0981.HK vs. QQQ - Dividend Comparison
0981.HK has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.59%.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Semiconductor Manufacturing International Corp | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Invesco QQQ | 0.59% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.02% |
Drawdowns
0981.HK vs. QQQ - Drawdown Comparison
The maximum 0981.HK drawdown since its inception was -95.27%, which is greater than QQQ's maximum drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for 0981.HK and QQQ. For additional features, visit the drawdowns tool.
Volatility
0981.HK vs. QQQ - Volatility Comparison
Semiconductor Manufacturing International Corp (0981.HK) has a higher volatility of 21.18% compared to Invesco QQQ (QQQ) at 5.18%. This indicates that 0981.HK's price experiences larger fluctuations and is considered to be riskier than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.