CTCAX vs. QQQM
Compare and contrast key facts about Columbia Global Technology Growth Fund Class A (CTCAX) and Invesco NASDAQ 100 ETF (QQQM).
CTCAX is managed by Columbia Threadneedle. It was launched on Nov 9, 2000. QQQM is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Oct 13, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CTCAX or QQQM.
Correlation
The correlation between CTCAX and QQQM is 0.97, 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
CTCAX vs. QQQM - Performance Comparison
Key characteristics
CTCAX:
1.02
QQQM:
1.41
CTCAX:
1.45
QQQM:
1.91
CTCAX:
1.19
QQQM:
1.26
CTCAX:
1.42
QQQM:
1.89
CTCAX:
4.61
QQQM:
6.54
CTCAX:
5.14%
QQQM:
3.91%
CTCAX:
23.13%
QQQM:
18.17%
CTCAX:
-62.92%
QQQM:
-35.05%
CTCAX:
-1.49%
QQQM:
-0.41%
Returns By Period
In the year-to-date period, CTCAX achieves a 3.86% return, which is significantly lower than QQQM's 5.10% return.
CTCAX
3.86%
0.54%
11.28%
26.41%
16.11%
16.90%
QQQM
5.10%
2.35%
13.51%
27.08%
N/A
N/A
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CTCAX vs. QQQM - Expense Ratio Comparison
CTCAX has a 1.18% expense ratio, which is higher than QQQM's 0.15% expense ratio.
Risk-Adjusted Performance
CTCAX vs. QQQM — Risk-Adjusted Performance Rank
CTCAX
QQQM
CTCAX vs. QQQM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Columbia Global Technology Growth Fund Class A (CTCAX) and Invesco NASDAQ 100 ETF (QQQM). 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
CTCAX vs. QQQM - Dividend Comparison
CTCAX has not paid dividends to shareholders, while QQQM's dividend yield for the trailing twelve months is around 0.58%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CTCAX Columbia Global Technology Growth Fund Class A | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.46% |
QQQM Invesco NASDAQ 100 ETF | 0.58% | 0.61% | 0.65% | 0.83% | 0.40% | 0.16% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
CTCAX vs. QQQM - Drawdown Comparison
The maximum CTCAX drawdown since its inception was -62.92%, which is greater than QQQM's maximum drawdown of -35.05%. Use the drawdown chart below to compare losses from any high point for CTCAX and QQQM. For additional features, visit the drawdowns tool.
Volatility
CTCAX vs. QQQM - Volatility Comparison
Columbia Global Technology Growth Fund Class A (CTCAX) has a higher volatility of 7.75% compared to Invesco NASDAQ 100 ETF (QQQM) at 4.66%. This indicates that CTCAX's price experiences larger fluctuations and is considered to be riskier than QQQM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.