AFCNX vs. QQQ
Compare and contrast key facts about American Century Focused International Growth Fund (AFCNX) and Invesco QQQ (QQQ).
AFCNX is managed by American Century Investments. It was launched on Mar 28, 2016. 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: AFCNX or QQQ.
Key characteristics
| AFCNX | QQQ | |
|---|---|---|
| YTD Return | 0.51% | 3.07% |
| 1Y Return | -0.58% | 32.86% |
| 3Y Return (Ann) | -6.03% | 8.34% |
| 5Y Return (Ann) | 4.97% | 17.98% |
| Sharpe Ratio | -0.08 | 1.95 |
| Daily Std Dev | 13.62% | 16.25% |
| Max Drawdown | -39.99% | -82.98% |
| Current Drawdown | -23.69% | -5.57% |
Correlation
The correlation between AFCNX and QQQ is 0.71, 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
AFCNX vs. QQQ - Performance Comparison
In the year-to-date period, AFCNX achieves a 0.51% return, which is significantly lower than QQQ's 3.07% 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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AFCNX vs. QQQ - Expense Ratio Comparison
AFCNX has a 1.10% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
AFCNX vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Century Focused International Growth Fund (AFCNX) 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
AFCNX vs. QQQ - Dividend Comparison
AFCNX's dividend yield for the trailing twelve months is around 0.35%, less than QQQ's 0.63% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AFCNX American Century Focused International Growth Fund | 0.35% | 0.35% | 0.39% | 2.49% | 0.72% | 2.24% | 0.55% | 0.00% | 0.77% | 0.00% | 0.00% | 0.00% |
QQQ Invesco QQQ | 0.63% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.01% |
Drawdowns
AFCNX vs. QQQ - Drawdown Comparison
The maximum AFCNX drawdown since its inception was -39.99%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for AFCNX and QQQ. For additional features, visit the drawdowns tool.
Volatility
AFCNX vs. QQQ - Volatility Comparison
The current volatility for American Century Focused International Growth Fund (AFCNX) is 4.61%, while Invesco QQQ (QQQ) has a volatility of 5.42%. This indicates that AFCNX 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.