CNCR vs. XMHQ
Compare and contrast key facts about Loncar Cancer Immunotherapy ETF (CNCR) and Invesco S&P MidCap Quality ETF (XMHQ).
CNCR and XMHQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CNCR is a passively managed fund by Exchange Traded Concepts that tracks the performance of the Loncar Cancer Immunotherapy Index. It was launched on Oct 13, 2015. XMHQ is a passively managed fund by Invesco that tracks the performance of the S&P MidCap 400 Index. It was launched on Dec 1, 2006. Both CNCR and XMHQ are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CNCR or XMHQ.
Key characteristics
| CNCR | XMHQ | |
|---|---|---|
| YTD Return | 6.83% | 17.87% |
| 1Y Return | 15.40% | 43.65% |
| 3Y Return (Ann) | -20.75% | 10.90% |
| 5Y Return (Ann) | -5.34% | 17.04% |
| Sharpe Ratio | 0.46 | 2.73 |
| Daily Std Dev | 32.39% | 16.85% |
| Max Drawdown | -72.14% | -58.19% |
| Current Drawdown | -56.62% | -5.17% |
Correlation
The correlation between CNCR and XMHQ is 0.48, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
CNCR vs. XMHQ - Performance Comparison
In the year-to-date period, CNCR achieves a 6.83% return, which is significantly lower than XMHQ's 17.87% 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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CNCR vs. XMHQ - Expense Ratio Comparison
CNCR has a 0.79% expense ratio, which is higher than XMHQ's 0.25% expense ratio.
Risk-Adjusted Performance
CNCR vs. XMHQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Loncar Cancer Immunotherapy ETF (CNCR) and Invesco S&P MidCap Quality ETF (XMHQ). 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
CNCR vs. XMHQ - Dividend Comparison
CNCR has not paid dividends to shareholders, while XMHQ's dividend yield for the trailing twelve months is around 0.61%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CNCR Loncar Cancer Immunotherapy ETF | 0.00% | 0.00% | 0.00% | 7.79% | 0.91% | 0.00% | 0.00% | 1.47% | 0.00% | 0.37% | 0.00% | 0.00% |
XMHQ Invesco S&P MidCap Quality ETF | 0.61% | 0.73% | 1.72% | 1.00% | 1.12% | 1.22% | 1.59% | 1.06% | 1.63% | 1.34% | 1.25% | 1.11% |
Drawdowns
CNCR vs. XMHQ - Drawdown Comparison
The maximum CNCR drawdown since its inception was -72.14%, which is greater than XMHQ's maximum drawdown of -58.19%. Use the drawdown chart below to compare losses from any high point for CNCR and XMHQ. For additional features, visit the drawdowns tool.
Volatility
CNCR vs. XMHQ - Volatility Comparison
Loncar Cancer Immunotherapy ETF (CNCR) has a higher volatility of 9.83% compared to Invesco S&P MidCap Quality ETF (XMHQ) at 3.74%. This indicates that CNCR's price experiences larger fluctuations and is considered to be riskier than XMHQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.