CHTRX vs. QQQ
Compare and contrast key facts about Invesco Charter Fund (CHTRX) and Invesco QQQ (QQQ).
CHTRX is managed by Invesco. It was launched on Nov 26, 1968. 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: CHTRX or QQQ.
Correlation
The correlation between CHTRX and QQQ is 0.85, 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
CHTRX vs. QQQ - Performance Comparison
Key characteristics
CHTRX:
1.07
QQQ:
1.40
CHTRX:
1.41
QQQ:
1.90
CHTRX:
1.22
QQQ:
1.25
CHTRX:
0.74
QQQ:
1.88
CHTRX:
3.91
QQQ:
6.51
CHTRX:
3.93%
QQQ:
3.92%
CHTRX:
14.37%
QQQ:
18.23%
CHTRX:
-56.12%
QQQ:
-82.98%
CHTRX:
-7.76%
QQQ:
-0.42%
Returns By Period
In the year-to-date period, CHTRX achieves a 4.40% return, which is significantly lower than QQQ's 5.09% return. Over the past 10 years, CHTRX has underperformed QQQ with an annualized return of 0.25%, while QQQ has yielded a comparatively higher 18.32% annualized return.
CHTRX
4.40%
0.83%
3.86%
15.82%
5.07%
0.25%
QQQ
5.09%
2.37%
13.48%
26.98%
19.29%
18.32%
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CHTRX vs. QQQ - Expense Ratio Comparison
CHTRX has a 1.03% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
CHTRX vs. QQQ — Risk-Adjusted Performance Rank
CHTRX
QQQ
CHTRX vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Charter Fund (CHTRX) 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
CHTRX vs. QQQ - Dividend Comparison
CHTRX's dividend yield for the trailing twelve months is around 0.52%, less than QQQ's 0.53% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CHTRX Invesco Charter Fund | 0.52% | 0.54% | 0.37% | 0.81% | 0.39% | 0.54% | 0.82% | 0.46% | 0.54% | 0.97% | 1.25% | 0.59% |
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
CHTRX vs. QQQ - Drawdown Comparison
The maximum CHTRX drawdown since its inception was -56.12%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for CHTRX and QQQ. For additional features, visit the drawdowns tool.
Volatility
CHTRX vs. QQQ - Volatility Comparison
The current volatility for Invesco Charter Fund (CHTRX) is 3.22%, while Invesco QQQ (QQQ) has a volatility of 4.70%. This indicates that CHTRX 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.