CSPI vs. EQQQ.L
Compare and contrast key facts about CSP Inc. (CSPI) and Invesco EQQQ NASDAQ-100 UCITS ETF (EQQQ.L).
EQQQ.L is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Dec 2, 2002.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CSPI or EQQQ.L.
Key characteristics
| CSPI | EQQQ.L | |
|---|---|---|
| YTD Return | 32.63% | 7.40% |
| 1Y Return | 123.99% | 38.13% |
| 3Y Return (Ann) | 46.32% | 14.10% |
| 5Y Return (Ann) | 16.22% | 19.61% |
| 10Y Return (Ann) | 21.47% | 21.69% |
| Sharpe Ratio | 1.17 | 2.33 |
| Daily Std Dev | 96.05% | 15.78% |
| Max Drawdown | -86.27% | -33.70% |
| Current Drawdown | -53.81% | -2.24% |
Correlation
The correlation between CSPI and EQQQ.L is 0.10, 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
CSPI vs. EQQQ.L - Performance Comparison
In the year-to-date period, CSPI achieves a 32.63% return, which is significantly higher than EQQQ.L's 7.40% return. Both investments have delivered pretty close results over the past 10 years, with CSPI having a 21.47% annualized return and EQQQ.L not far ahead at 21.69%. 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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Risk-Adjusted Performance
CSPI vs. EQQQ.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for CSP Inc. (CSPI) and Invesco EQQQ NASDAQ-100 UCITS ETF (EQQQ.L). 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
CSPI vs. EQQQ.L - Dividend Comparison
CSPI's dividend yield for the trailing twelve months is around 1.12%, while EQQQ.L has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CSPI CSP Inc. | 1.12% | 1.54% | 1.27% | 0.00% | 3.88% | 11.49% | 7.54% | 6.96% | 6.24% | 12.68% | 12.05% | 7.42% |
EQQQ.L Invesco EQQQ NASDAQ-100 UCITS ETF | 0.00% | 0.00% | 0.01% | 0.00% | 0.00% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% |
Drawdowns
CSPI vs. EQQQ.L - Drawdown Comparison
The maximum CSPI drawdown since its inception was -86.27%, which is greater than EQQQ.L's maximum drawdown of -33.70%. Use the drawdown chart below to compare losses from any high point for CSPI and EQQQ.L. For additional features, visit the drawdowns tool.
Volatility
CSPI vs. EQQQ.L - Volatility Comparison
CSP Inc. (CSPI) has a higher volatility of 25.00% compared to Invesco EQQQ NASDAQ-100 UCITS ETF (EQQQ.L) at 6.33%. This indicates that CSPI's price experiences larger fluctuations and is considered to be riskier than EQQQ.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.