AAOI vs. QDVE.DE
Compare and contrast key facts about Applied Optoelectronics, Inc. (AAOI) and iShares S&P 500 Information Technology Sector UCITS ETF (QDVE.DE).
QDVE.DE is a passively managed fund by iShares that tracks the performance of the MSCI World/Information Tech NR USD. It was launched on Nov 20, 2015.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AAOI or QDVE.DE.
Key characteristics
| AAOI | QDVE.DE | |
|---|---|---|
| YTD Return | -24.38% | 26.25% |
| 1Y Return | 49.77% | 36.43% |
| 3Y Return (Ann) | 26.62% | 18.78% |
| 5Y Return (Ann) | 5.53% | 25.03% |
| Sharpe Ratio | 0.58 | 1.93 |
| Daily Std Dev | 104.51% | 20.32% |
| Max Drawdown | -98.49% | -31.45% |
| Current Drawdown | -85.33% | -8.45% |
Correlation
The correlation between AAOI and QDVE.DE is 0.27, 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
AAOI vs. QDVE.DE - Performance Comparison
In the year-to-date period, AAOI achieves a -24.38% return, which is significantly lower than QDVE.DE's 26.25% 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
AAOI vs. QDVE.DE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Applied Optoelectronics, Inc. (AAOI) and iShares S&P 500 Information Technology Sector UCITS ETF (QDVE.DE). 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
AAOI vs. QDVE.DE - Dividend Comparison
Neither AAOI nor QDVE.DE has paid dividends to shareholders.
Drawdowns
AAOI vs. QDVE.DE - Drawdown Comparison
The maximum AAOI drawdown since its inception was -98.49%, which is greater than QDVE.DE's maximum drawdown of -31.45%. Use the drawdown chart below to compare losses from any high point for AAOI and QDVE.DE. For additional features, visit the drawdowns tool.
Volatility
AAOI vs. QDVE.DE - Volatility Comparison
Applied Optoelectronics, Inc. (AAOI) has a higher volatility of 25.09% compared to iShares S&P 500 Information Technology Sector UCITS ETF (QDVE.DE) at 7.18%. This indicates that AAOI's price experiences larger fluctuations and is considered to be riskier than QDVE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.