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FTCHX vs. QQQ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FTCHX 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

FTCHX vs. QQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Technology Fund (FTCHX) and Invesco QQQ (QQQ). The values are adjusted to include any dividend payments, if applicable.

200.00%400.00%600.00%800.00%1,000.00%1,200.00%December2025FebruaryMarchAprilMay
300.71%
1,021.19%
FTCHX
QQQ

Key characteristics

Sharpe Ratio

FTCHX:

0.44

QQQ:

0.63

Sortino Ratio

FTCHX:

0.80

QQQ:

1.04

Omega Ratio

FTCHX:

1.11

QQQ:

1.15

Calmar Ratio

FTCHX:

0.46

QQQ:

0.70

Martin Ratio

FTCHX:

1.37

QQQ:

2.34

Ulcer Index

FTCHX:

10.14%

QQQ:

6.84%

Daily Std Dev

FTCHX:

31.19%

QQQ:

25.17%

Max Drawdown

FTCHX:

-88.28%

QQQ:

-82.98%

Current Drawdown

FTCHX:

-16.15%

QQQ:

-9.80%

Returns By Period

In the year-to-date period, FTCHX achieves a -9.81% return, which is significantly lower than QQQ's -4.81% return. Over the past 10 years, FTCHX has underperformed QQQ with an annualized return of 11.81%, while QQQ has yielded a comparatively higher 17.12% annualized return.


FTCHX

YTD

-9.81%

1M

20.43%

6M

-1.79%

1Y

10.79%

5Y*

11.88%

10Y*

11.81%

QQQ

YTD

-4.81%

1M

14.97%

6M

0.29%

1Y

12.27%

5Y*

18.10%

10Y*

17.12%

*Annualized

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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

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FTCHX
The Risk-Adjusted Performance Rank of FTCHX is 4444
Overall Rank
The Sharpe Ratio Rank of FTCHX is 4040
Sharpe Ratio Rank
The Sortino Ratio Rank of FTCHX is 4444
Sortino Ratio Rank
The Omega Ratio Rank of FTCHX is 4343
Omega Ratio Rank
The Calmar Ratio Rank of FTCHX is 5151
Calmar Ratio Rank
The Martin Ratio Rank of FTCHX is 4141
Martin Ratio Rank

QQQ
The Risk-Adjusted Performance Rank of QQQ is 6060
Overall Rank
The Sharpe Ratio Rank of QQQ is 5757
Sharpe Ratio Rank
The Sortino Ratio Rank of QQQ is 6060
Sortino Ratio Rank
The Omega Ratio Rank of QQQ is 6060
Omega Ratio Rank
The Calmar Ratio Rank of QQQ is 6767
Calmar Ratio Rank
The Martin Ratio Rank of QQQ is 5757
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


The current FTCHX Sharpe Ratio is 0.44, which is comparable to the QQQ Sharpe Ratio of 0.63. The chart below compares the historical Sharpe Ratios of FTCHX 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 Ratio-0.500.000.501.001.502.00December2025FebruaryMarchAprilMay
0.44
0.63
FTCHX
QQQ

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 0.62%.


TTM20242023202220212020201920182017201620152014
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
0.62%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.


-35.00%-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%December2025FebruaryMarchAprilMay
-16.15%
-9.80%
FTCHX
QQQ

Volatility

FTCHX vs. QQQ - Volatility Comparison

Invesco Technology Fund (FTCHX) and Invesco QQQ (QQQ) have volatilities of 16.08% and 15.67%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%December2025FebruaryMarchAprilMay
16.08%
15.67%
FTCHX
QQQ