FICGX vs. QQQ
Compare and contrast key facts about Delaware Growth Equity Fund (FICGX) and Invesco QQQ (QQQ).
FICGX is managed by Delaware Funds. It was launched on Oct 25, 2000. QQQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 10, 1999.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FICGX or QQQ.
Correlation
The correlation between FICGX and QQQ is 0.88, 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
FICGX vs. QQQ - Performance Comparison
Key characteristics
FICGX:
1.11
QQQ:
1.37
FICGX:
1.48
QQQ:
1.86
FICGX:
1.21
QQQ:
1.25
FICGX:
0.36
QQQ:
1.84
FICGX:
4.49
QQQ:
6.35
FICGX:
3.73%
QQQ:
3.92%
FICGX:
15.13%
QQQ:
18.24%
FICGX:
-60.59%
QQQ:
-82.98%
FICGX:
-35.02%
QQQ:
0.00%
Returns By Period
In the year-to-date period, FICGX achieves a 6.43% return, which is significantly higher than QQQ's 5.53% return. Over the past 10 years, FICGX has underperformed QQQ with an annualized return of 0.28%, while QQQ has yielded a comparatively higher 18.38% annualized return.
FICGX
6.43%
2.74%
10.10%
18.06%
0.38%
0.28%
QQQ
5.53%
3.41%
12.16%
27.01%
19.41%
18.38%
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FICGX vs. QQQ - Expense Ratio Comparison
FICGX has a 1.04% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
FICGX vs. QQQ — Risk-Adjusted Performance Rank
FICGX
QQQ
FICGX vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Delaware Growth Equity Fund (FICGX) and Invesco QQQ (QQQ). 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
FICGX vs. QQQ - Dividend Comparison
FICGX has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.53%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FICGX Delaware Growth Equity Fund | 0.00% | 0.00% | 0.05% | 0.00% | 0.00% | 0.00% | 0.20% | 0.00% | 0.06% | 0.30% | 0.19% | 0.01% |
QQQ Invesco QQQ | 0.53% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
FICGX vs. QQQ - Drawdown Comparison
The maximum FICGX drawdown since its inception was -60.59%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for FICGX and QQQ. For additional features, visit the drawdowns tool.
Volatility
FICGX vs. QQQ - Volatility Comparison
The current volatility for Delaware Growth Equity Fund (FICGX) is 3.70%, while Invesco QQQ (QQQ) has a volatility of 4.69%. This indicates that FICGX experiences smaller price fluctuations and is considered to be less risky than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.