CQQQ vs. TECH
Compare and contrast key facts about Invesco China Technology ETF (CQQQ) and Bio-Techne Corporation (TECH).
CQQQ is a passively managed fund by Invesco that tracks the performance of the AlphaShares China Technology Index. It was launched on Dec 8, 2009.
Performance
CQQQ vs. TECH - Performance Comparison
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CQQQ vs. TECH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CQQQ Invesco China Technology ETF | -11.50% | 34.96% | 9.84% | -16.71% | -30.09% | -24.54% | 57.33% | 33.57% | -34.77% | 74.31% |
TECH Bio-Techne Corporation | -11.02% | -17.89% | -6.13% | -6.49% | -35.69% | 63.40% | 45.40% | 52.67% | 12.60% | 27.40% |
Returns By Period
The year-to-date returns for both investments are quite close, with CQQQ having a -11.50% return and TECH slightly higher at -11.02%. Over the past 10 years, CQQQ has underperformed TECH with an annualized return of 3.76%, while TECH has yielded a comparatively higher 8.84% annualized return.
CQQQ
- 1D
- 2.91%
- 1M
- -11.62%
- YTD
- -11.50%
- 6M
- -20.29%
- 1Y
- 6.15%
- 3Y*
- 0.59%
- 5Y*
- -10.73%
- 10Y*
- 3.76%
TECH
- 1D
- 0.42%
- 1M
- -11.42%
- YTD
- -11.02%
- 6M
- -5.80%
- 1Y
- -10.34%
- 3Y*
- -10.55%
- 5Y*
- -11.26%
- 10Y*
- 8.84%
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Return for Risk
CQQQ vs. TECH — Risk / Return Rank
CQQQ
TECH
CQQQ vs. TECH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco China Technology ETF (CQQQ) and Bio-Techne Corporation (TECH). 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.
| CQQQ | TECH | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.19 | -0.23 | +0.43 |
Sortino ratioReturn per unit of downside risk | 0.51 | -0.04 | +0.54 |
Omega ratioGain probability vs. loss probability | 1.06 | 1.00 | +0.07 |
Calmar ratioReturn relative to maximum drawdown | 0.23 | -0.33 | +0.57 |
Martin ratioReturn relative to average drawdown | 0.63 | -0.81 | +1.44 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| CQQQ | TECH | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.19 | -0.23 | +0.43 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.29 | -0.31 | +0.02 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.11 | 0.27 | -0.16 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.16 | 0.34 | -0.18 |
Correlation
The correlation between CQQQ and TECH is 0.36, 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.
Dividends
CQQQ vs. TECH - Dividend Comparison
CQQQ's dividend yield for the trailing twelve months is around 2.45%, more than TECH's 0.61% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CQQQ Invesco China Technology ETF | 2.45% | 2.17% | 0.28% | 0.55% | 0.08% | 0.00% | 0.47% | 0.01% | 0.43% | 1.41% | 1.69% | 1.77% |
TECH Bio-Techne Corporation | 0.61% | 0.54% | 0.56% | 0.41% | 0.39% | 0.25% | 0.40% | 0.58% | 0.88% | 0.99% | 1.24% | 1.42% |
Drawdowns
CQQQ vs. TECH - Drawdown Comparison
The maximum CQQQ drawdown since its inception was -73.99%, roughly equal to the maximum TECH drawdown of -74.39%. Use the drawdown chart below to compare losses from any high point for CQQQ and TECH.
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Drawdown Indicators
| CQQQ | TECH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.99% | -74.39% | +0.40% |
Max Drawdown (1Y)Largest decline over 1 year | -24.41% | -31.52% | +7.11% |
Max Drawdown (5Y)Largest decline over 5 years | -67.04% | -64.78% | -2.26% |
Max Drawdown (10Y)Largest decline over 10 years | -73.99% | -64.78% | -9.21% |
Current DrawdownCurrent decline from peak | -56.10% | -60.38% | +4.28% |
Average DrawdownAverage peak-to-trough decline | -28.04% | -23.92% | -4.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.99% | 13.03% | -4.04% |
Volatility
CQQQ vs. TECH - Volatility Comparison
The current volatility for Invesco China Technology ETF (CQQQ) is 10.60%, while Bio-Techne Corporation (TECH) has a volatility of 11.25%. This indicates that CQQQ experiences smaller price fluctuations and is considered to be less risky than TECH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CQQQ | TECH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.60% | 11.25% | -0.65% |
Volatility (6M)Calculated over the trailing 6-month period | 20.75% | 27.94% | -7.19% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.95% | 44.26% | -12.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 37.72% | 37.04% | +0.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.06% | 32.95% | +0.11% |