1816.HK vs. QQQ
Compare and contrast key facts about CGN Power (1816.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: 1816.HK or QQQ.
Key characteristics
1816.HK | QQQ | |
---|---|---|
YTD Return | 61.27% | 16.64% |
1Y Return | 67.85% | 26.87% |
3Y Return (Ann) | 29.07% | 8.55% |
5Y Return (Ann) | 14.51% | 21.34% |
Sharpe Ratio | 2.17 | 1.59 |
Daily Std Dev | 30.88% | 17.19% |
Max Drawdown | -68.29% | -82.98% |
Current Drawdown | -16.23% | -5.31% |
Correlation
The correlation between 1816.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
1816.HK vs. QQQ - Performance Comparison
In the year-to-date period, 1816.HK achieves a 61.27% return, which is significantly higher than QQQ's 16.64% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
1816.HK vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for CGN Power (1816.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
1816.HK vs. QQQ - Dividend Comparison
1816.HK's dividend yield for the trailing twelve months is around 3.25%, more than QQQ's 0.61% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
1816.HK CGN Power | 3.25% | 4.74% | 5.31% | 4.08% | 4.97% | 4.05% | 4.48% | 2.73% | 2.34% | 0.11% | 0.00% | 0.00% |
QQQ Invesco QQQ | 0.61% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.01% |
Drawdowns
1816.HK vs. QQQ - Drawdown Comparison
The maximum 1816.HK drawdown since its inception was -68.29%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for 1816.HK and QQQ. For additional features, visit the drawdowns tool.
Volatility
1816.HK vs. QQQ - Volatility Comparison
CGN Power (1816.HK) has a higher volatility of 11.61% compared to Invesco QQQ (QQQ) at 7.06%. This indicates that 1816.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.