FTCHX vs. QQQ
Compare and contrast key facts about Invesco Technology Fund (FTCHX) and Invesco QQQ (QQQ).
FTCHX is managed by Invesco. It was launched on Jan 18, 1984. 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: FTCHX or QQQ.
Correlation
The correlation between FTCHX and QQQ is 0.93, 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
FTCHX vs. QQQ - Performance Comparison
Key characteristics
FTCHX:
0.51
QQQ:
1.44
FTCHX:
0.80
QQQ:
1.95
FTCHX:
1.12
QQQ:
1.26
FTCHX:
0.25
QQQ:
1.94
FTCHX:
1.87
QQQ:
6.71
FTCHX:
7.20%
QQQ:
3.92%
FTCHX:
26.63%
QQQ:
18.27%
FTCHX:
-88.28%
QQQ:
-82.98%
FTCHX:
-45.23%
QQQ:
0.00%
Returns By Period
The year-to-date returns for both investments are quite close, with FTCHX having a 5.22% return and QQQ slightly higher at 5.27%. Over the past 10 years, FTCHX has underperformed QQQ with an annualized return of 5.34%, while QQQ has yielded a comparatively higher 18.44% annualized return.
FTCHX
5.22%
1.53%
7.25%
11.60%
4.08%
5.34%
QQQ
5.27%
3.15%
13.63%
25.73%
18.87%
18.44%
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FTCHX vs. QQQ - Expense Ratio Comparison
FTCHX has a 0.91% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
FTCHX vs. QQQ — Risk-Adjusted Performance Rank
FTCHX
QQQ
FTCHX vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Technology Fund (FTCHX) 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
FTCHX vs. QQQ - Dividend Comparison
FTCHX 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FTCHX Invesco Technology Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
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
FTCHX vs. QQQ - Drawdown Comparison
The maximum FTCHX drawdown since its inception was -88.28%, which is greater than QQQ's maximum drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for FTCHX and QQQ. For additional features, visit the drawdowns tool.
Volatility
FTCHX vs. QQQ - Volatility Comparison
Invesco Technology Fund (FTCHX) has a higher volatility of 8.62% compared to Invesco QQQ (QQQ) at 5.01%. This indicates that FTCHX'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.