CHT vs. QQQ
Compare and contrast key facts about Chunghwa Telecom Co., Ltd. (CHT) 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: CHT or QQQ.
Correlation
The correlation between CHT and QQQ is 0.39, 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
CHT vs. QQQ - Performance Comparison
Key characteristics
CHT:
0.34
QQQ:
1.44
CHT:
0.56
QQQ:
1.95
CHT:
1.07
QQQ:
1.26
CHT:
0.44
QQQ:
1.94
CHT:
1.02
QQQ:
6.71
CHT:
4.27%
QQQ:
3.92%
CHT:
12.79%
QQQ:
18.27%
CHT:
-33.58%
QQQ:
-82.98%
CHT:
-5.10%
QQQ:
0.00%
Returns By Period
In the year-to-date period, CHT achieves a 2.31% return, which is significantly lower than QQQ's 5.27% return. Over the past 10 years, CHT has underperformed QQQ with an annualized return of 6.69%, while QQQ has yielded a comparatively higher 18.37% annualized return.
CHT
2.31%
1.85%
-0.31%
3.44%
4.95%
6.69%
QQQ
5.27%
3.15%
12.16%
25.73%
18.66%
18.37%
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Risk-Adjusted Performance
CHT vs. QQQ — Risk-Adjusted Performance Rank
CHT
QQQ
CHT vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Chunghwa Telecom Co., Ltd. (CHT) 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
CHT vs. QQQ - Dividend Comparison
CHT's dividend yield for the trailing twelve months is around 3.83%, more than QQQ's 0.53% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CHT Chunghwa Telecom Co., Ltd. | 3.83% | 3.91% | 3.91% | 4.35% | 3.67% | 3.67% | 3.91% | 4.44% | 4.60% | 5.36% | 5.24% | 5.13% |
QQQ Invesco QQQ | 0.53% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
CHT vs. QQQ - Drawdown Comparison
The maximum CHT drawdown since its inception was -33.58%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for CHT and QQQ. For additional features, visit the drawdowns tool.
Volatility
CHT vs. QQQ - Volatility Comparison
The current volatility for Chunghwa Telecom Co., Ltd. (CHT) is 3.38%, while Invesco QQQ (QQQ) has a volatility of 5.01%. This indicates that CHT 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.