DIA.MC vs. QQQE
Compare and contrast key facts about Distribuidora Internacional de Alimentación, S.A. (DIA.MC) and Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE).
QQQE is a passively managed fund by Direxion that tracks the performance of the NASDAQ-100 Equal Weighted Index. It was launched on Mar 21, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DIA.MC or QQQE.
Key characteristics
| DIA.MC | QQQE | |
|---|---|---|
| YTD Return | 16.10% | 4.71% |
| 1Y Return | -4.20% | 25.00% |
| 3Y Return (Ann) | -29.08% | 6.79% |
| 5Y Return (Ann) | -30.20% | 14.56% |
| 10Y Return (Ann) | -32.34% | 13.74% |
| Sharpe Ratio | -0.18 | 1.79 |
| Daily Std Dev | 23.74% | 14.82% |
| Max Drawdown | -98.73% | -32.14% |
| Current Drawdown | -98.39% | -0.96% |
Correlation
The correlation between DIA.MC and QQQE is 0.21, 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
DIA.MC vs. QQQE - Performance Comparison
In the year-to-date period, DIA.MC achieves a 16.10% return, which is significantly higher than QQQE's 4.71% return. Over the past 10 years, DIA.MC has underperformed QQQE with an annualized return of -32.34%, while QQQE has yielded a comparatively higher 13.74% annualized 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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Risk-Adjusted Performance
DIA.MC vs. QQQE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Distribuidora Internacional de Alimentación, S.A. (DIA.MC) and Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE). 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
DIA.MC vs. QQQE - Dividend Comparison
DIA.MC has not paid dividends to shareholders, while QQQE's dividend yield for the trailing twelve months is around 0.86%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DIA.MC Distribuidora Internacional de Alimentación, S.A. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 31.58% | 3.95% | 3.47% | 3.31% | 2.25% | 1.58% |
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares | 0.86% | 0.79% | 0.98% | 3.83% | 0.54% | 0.74% | 0.80% | 0.65% | 1.17% | 0.75% | 1.36% | 0.38% |
Drawdowns
DIA.MC vs. QQQE - Drawdown Comparison
The maximum DIA.MC drawdown since its inception was -98.73%, which is greater than QQQE's maximum drawdown of -32.14%. Use the drawdown chart below to compare losses from any high point for DIA.MC and QQQE. For additional features, visit the drawdowns tool.
Volatility
DIA.MC vs. QQQE - Volatility Comparison
Distribuidora Internacional de Alimentación, S.A. (DIA.MC) has a higher volatility of 7.80% compared to Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE) at 3.58%. This indicates that DIA.MC's price experiences larger fluctuations and is considered to be riskier than QQQE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.