Correlation
The correlation between 6AQQ.DE and QQQ is 0.43, 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.
6AQQ.DE vs. QQQ
Compare and contrast key facts about Amundi Nasdaq 100 UCITS ETF EUR (6AQQ.DE) and Invesco QQQ (QQQ).
6AQQ.DE and QQQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 6AQQ.DE is a passively managed fund by Amundi that tracks the performance of the Nasdaq 100®. It was launched on Apr 18, 2018. QQQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 10, 1999. Both 6AQQ.DE and QQQ are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: 6AQQ.DE or QQQ.
Performance
6AQQ.DE vs. QQQ - Performance Comparison
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Key characteristics
6AQQ.DE:
0.12
QQQ:
0.38
6AQQ.DE:
0.30
QQQ:
0.79
6AQQ.DE:
1.04
QQQ:
1.11
6AQQ.DE:
0.09
QQQ:
0.49
6AQQ.DE:
0.26
QQQ:
1.57
6AQQ.DE:
9.56%
QQQ:
7.03%
6AQQ.DE:
23.03%
QQQ:
25.56%
6AQQ.DE:
-31.19%
QQQ:
-82.98%
6AQQ.DE:
-10.77%
QQQ:
-1.81%
Returns By Period
In the year-to-date period, 6AQQ.DE achieves a -6.71% return, which is significantly lower than QQQ's 3.63% return. Both investments have delivered pretty close results over the past 10 years, with 6AQQ.DE having a 17.57% annualized return and QQQ not far ahead at 17.91%.
6AQQ.DE
-6.71%
-0.07%
-9.62%
2.81%
21.55%
16.64%
17.57%
QQQ
3.63%
1.34%
2.74%
9.69%
25.26%
17.45%
17.91%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
6AQQ.DE vs. QQQ - Expense Ratio Comparison
6AQQ.DE has a 0.23% expense ratio, which is higher than QQQ's 0.20% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
6AQQ.DE vs. QQQ — Risk-Adjusted Performance Rank
6AQQ.DE
QQQ
6AQQ.DE vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi Nasdaq 100 UCITS ETF EUR (6AQQ.DE) 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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Dividends
6AQQ.DE vs. QQQ - Dividend Comparison
6AQQ.DE has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.56%.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
6AQQ.DE Amundi Nasdaq 100 UCITS ETF EUR | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQ Invesco QQQ | 0.56% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
6AQQ.DE vs. QQQ - Drawdown Comparison
The maximum 6AQQ.DE drawdown since its inception was -31.19%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for 6AQQ.DE and QQQ.
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Volatility
6AQQ.DE vs. QQQ - Volatility Comparison
The current volatility for Amundi Nasdaq 100 UCITS ETF EUR (6AQQ.DE) is 3.67%, while Invesco QQQ (QQQ) has a volatility of 4.16%. This indicates that 6AQQ.DE 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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