AADAX vs. NQ=F
Compare and contrast key facts about Invesco Select Risk: Growth Investor Fund (AADAX) and E-Mini Nasdaq 100 Futures (NQ=F).
AADAX is managed by Invesco. It was launched on Apr 29, 2004.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AADAX or NQ=F.
Correlation
The correlation between AADAX and NQ=F is 0.80, 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
AADAX vs. NQ=F - Performance Comparison
Key characteristics
AADAX:
0.99
NQ=F:
0.99
AADAX:
1.37
NQ=F:
1.43
AADAX:
1.18
NQ=F:
1.19
AADAX:
0.54
NQ=F:
1.29
AADAX:
4.36
NQ=F:
4.24
AADAX:
2.31%
NQ=F:
4.26%
AADAX:
10.24%
NQ=F:
18.04%
AADAX:
-60.57%
NQ=F:
-35.28%
AADAX:
-9.84%
NQ=F:
-2.49%
Returns By Period
In the year-to-date period, AADAX achieves a 3.06% return, which is significantly higher than NQ=F's 1.57% return. Over the past 10 years, AADAX has underperformed NQ=F with an annualized return of 2.51%, while NQ=F has yielded a comparatively higher 17.45% annualized return.
AADAX
3.06%
2.31%
8.28%
10.93%
1.00%
2.51%
NQ=F
1.57%
0.20%
18.59%
21.80%
17.41%
17.45%
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Risk-Adjusted Performance
AADAX vs. NQ=F — Risk-Adjusted Performance Rank
AADAX
NQ=F
AADAX vs. NQ=F - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Select Risk: Growth Investor Fund (AADAX) and E-Mini Nasdaq 100 Futures (NQ=F). 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.
Drawdowns
AADAX vs. NQ=F - Drawdown Comparison
The maximum AADAX drawdown since its inception was -60.57%, which is greater than NQ=F's maximum drawdown of -35.28%. Use the drawdown chart below to compare losses from any high point for AADAX and NQ=F. For additional features, visit the drawdowns tool.
Volatility
AADAX vs. NQ=F - Volatility Comparison
The current volatility for Invesco Select Risk: Growth Investor Fund (AADAX) is 2.73%, while E-Mini Nasdaq 100 Futures (NQ=F) has a volatility of 5.31%. This indicates that AADAX experiences smaller price fluctuations and is considered to be less risky than NQ=F based on this measure. The chart below showcases a comparison of their rolling one-month volatility.