BCH-USD vs. QQQ
Compare and contrast key facts about Bitcoin Cash (BCH-USD) 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: BCH-USD or QQQ.
Key characteristics
| BCH-USD | QQQ | |
|---|---|---|
| YTD Return | 45.58% | 26.09% |
| 1Y Return | 57.42% | 39.88% |
| 3Y Return (Ann) | -19.23% | 9.90% |
| 5Y Return (Ann) | 5.16% | 21.46% |
| Sharpe Ratio | 0.27 | 2.22 |
| Sortino Ratio | 1.39 | 2.92 |
| Omega Ratio | 1.13 | 1.40 |
| Calmar Ratio | 0.10 | 2.86 |
| Martin Ratio | 0.71 | 10.44 |
| Ulcer Index | 41.34% | 3.72% |
| Daily Std Dev | 81.26% | 17.47% |
| Max Drawdown | -98.03% | -82.98% |
| Current Drawdown | -90.38% | 0.00% |
Correlation
The correlation between BCH-USD and QQQ is 0.17, 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
BCH-USD vs. QQQ - Performance Comparison
In the year-to-date period, BCH-USD achieves a 45.58% return, which is significantly higher than QQQ's 26.09% 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
BCH-USD vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Bitcoin Cash (BCH-USD) 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.
Drawdowns
BCH-USD vs. QQQ - Drawdown Comparison
The maximum BCH-USD drawdown since its inception was -98.03%, which is greater than QQQ's maximum drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for BCH-USD and QQQ. For additional features, visit the drawdowns tool.
Volatility
BCH-USD vs. QQQ - Volatility Comparison
Bitcoin Cash (BCH-USD) has a higher volatility of 22.85% compared to Invesco QQQ (QQQ) at 5.16%. This indicates that BCH-USD'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.