FTC vs. QQQ
Compare and contrast key facts about First Trust Large Cap Growth AlphaDEX Fund (FTC) and Invesco QQQ (QQQ).
FTC and QQQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FTC is a passively managed fund by First Trust that tracks the performance of the NASDAQ AlphaDEX Large Cap Growth Index. It was launched on May 8, 2007. QQQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 10, 1999. Both FTC and QQQ are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FTC or QQQ.
Correlation
The correlation between FTC and QQQ is 0.83, 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
FTC vs. QQQ - Performance Comparison
Key characteristics
FTC:
1.61
QQQ:
1.24
FTC:
2.22
QQQ:
1.71
FTC:
1.28
QQQ:
1.22
FTC:
2.97
QQQ:
1.68
FTC:
8.54
QQQ:
5.78
FTC:
3.05%
QQQ:
3.93%
FTC:
16.25%
QQQ:
18.32%
FTC:
-54.05%
QQQ:
-82.98%
FTC:
-1.20%
QQQ:
-1.73%
Returns By Period
In the year-to-date period, FTC achieves a 6.34% return, which is significantly higher than QQQ's 3.28% return. Over the past 10 years, FTC has underperformed QQQ with an annualized return of 12.55%, while QQQ has yielded a comparatively higher 18.30% annualized return.
FTC
6.34%
6.63%
21.22%
25.64%
14.10%
12.55%
QQQ
3.28%
4.10%
14.48%
22.00%
18.51%
18.30%
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FTC vs. QQQ - Expense Ratio Comparison
FTC has a 0.60% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
FTC vs. QQQ — Risk-Adjusted Performance Rank
FTC
QQQ
FTC vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Large Cap Growth AlphaDEX Fund (FTC) 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
FTC vs. QQQ - Dividend Comparison
FTC's dividend yield for the trailing twelve months is around 0.30%, less than QQQ's 0.54% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FTC First Trust Large Cap Growth AlphaDEX Fund | 0.30% | 0.32% | 0.65% | 0.91% | 0.00% | 0.40% | 0.64% | 0.35% | 0.40% | 0.86% | 0.52% | 0.76% |
QQQ Invesco QQQ | 0.54% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
FTC vs. QQQ - Drawdown Comparison
The maximum FTC drawdown since its inception was -54.05%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for FTC and QQQ. For additional features, visit the drawdowns tool.
Volatility
FTC vs. QQQ - Volatility Comparison
The current volatility for First Trust Large Cap Growth AlphaDEX Fund (FTC) is 4.82%, while Invesco QQQ (QQQ) has a volatility of 5.32%. This indicates that FTC 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.