PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
FOCKX vs. QQQ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FOCKX and QQQ is 0.94, 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.


-0.50.00.51.00.9

Performance

FOCKX vs. QQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity OTC Portfolio Class K (FOCKX) and Invesco QQQ (QQQ). The values are adjusted to include any dividend payments, if applicable.

500.00%600.00%700.00%800.00%900.00%1,000.00%1,100.00%JulyAugustSeptemberOctoberNovemberDecember
534.89%
1,094.45%
FOCKX
QQQ

Key characteristics

Sharpe Ratio

FOCKX:

0.99

QQQ:

1.64

Sortino Ratio

FOCKX:

1.31

QQQ:

2.19

Omega Ratio

FOCKX:

1.20

QQQ:

1.30

Calmar Ratio

FOCKX:

1.13

QQQ:

2.16

Martin Ratio

FOCKX:

2.75

QQQ:

7.79

Ulcer Index

FOCKX:

7.64%

QQQ:

3.76%

Daily Std Dev

FOCKX:

21.21%

QQQ:

17.85%

Max Drawdown

FOCKX:

-53.34%

QQQ:

-82.98%

Current Drawdown

FOCKX:

-9.23%

QQQ:

-3.63%

Returns By Period

In the year-to-date period, FOCKX achieves a 19.18% return, which is significantly lower than QQQ's 27.20% return. Over the past 10 years, FOCKX has underperformed QQQ with an annualized return of 11.30%, while QQQ has yielded a comparatively higher 18.36% annualized return.


FOCKX

YTD

19.18%

1M

1.73%

6M

-4.16%

1Y

19.57%

5Y*

11.55%

10Y*

11.30%

QQQ

YTD

27.20%

1M

3.08%

6M

8.34%

1Y

27.81%

5Y*

20.44%

10Y*

18.36%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


FOCKX vs. QQQ - Expense Ratio Comparison

FOCKX has a 0.73% expense ratio, which is higher than QQQ's 0.20% expense ratio.


FOCKX
Fidelity OTC Portfolio Class K
Expense ratio chart for FOCKX: current value at 0.73% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.73%
Expense ratio chart for QQQ: current value at 0.20% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.20%

Risk-Adjusted Performance

FOCKX vs. QQQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity OTC Portfolio Class K (FOCKX) 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.


Sharpe ratio
The chart of Sharpe ratio for FOCKX, currently valued at 0.99, compared to the broader market-1.000.001.002.003.004.000.991.64
The chart of Sortino ratio for FOCKX, currently valued at 1.31, compared to the broader market-2.000.002.004.006.008.0010.001.312.19
The chart of Omega ratio for FOCKX, currently valued at 1.20, compared to the broader market0.501.001.502.002.503.003.501.201.30
The chart of Calmar ratio for FOCKX, currently valued at 1.13, compared to the broader market0.002.004.006.008.0010.0012.0014.001.132.16
The chart of Martin ratio for FOCKX, currently valued at 2.75, compared to the broader market0.0020.0040.0060.002.757.79
FOCKX
QQQ

The current FOCKX Sharpe Ratio is 0.99, which is lower than the QQQ Sharpe Ratio of 1.64. The chart below compares the historical Sharpe Ratios of FOCKX and QQQ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
0.99
1.64
FOCKX
QQQ

Dividends

FOCKX vs. QQQ - Dividend Comparison

FOCKX has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.43%.


TTM20232022202120202019201820172016201520142013
FOCKX
Fidelity OTC Portfolio Class K
0.00%0.09%0.00%0.00%0.08%0.03%0.00%0.00%0.00%4.65%12.92%13.66%
QQQ
Invesco QQQ
0.43%0.62%0.80%0.43%0.55%0.74%0.91%0.84%1.06%0.99%1.41%1.02%

Drawdowns

FOCKX vs. QQQ - Drawdown Comparison

The maximum FOCKX drawdown since its inception was -53.34%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for FOCKX and QQQ. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-9.23%
-3.63%
FOCKX
QQQ

Volatility

FOCKX vs. QQQ - Volatility Comparison

Fidelity OTC Portfolio Class K (FOCKX) has a higher volatility of 6.00% compared to Invesco QQQ (QQQ) at 5.29%. This indicates that FOCKX's price experiences larger fluctuations and is considered to be riskier than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%12.00%JulyAugustSeptemberOctoberNovemberDecember
6.00%
5.29%
FOCKX
QQQ
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

Copyright © 2024 PortfoliosLab