FXF vs. QQQ
Compare and contrast key facts about Invesco CurrencyShares® Swiss Franc Trust (FXF) and Invesco QQQ (QQQ).
FXF and QQQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FXF is a passively managed fund by Invesco that tracks the performance of the Swiss Franc. It was launched on Jun 26, 2006. 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 FXF 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: FXF or QQQ.
Correlation
The correlation between FXF and QQQ is 0.02, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
FXF vs. QQQ - Performance Comparison
Key characteristics
FXF:
1.24
QQQ:
0.15
FXF:
2.19
QQQ:
0.38
FXF:
1.25
QQQ:
1.05
FXF:
0.38
QQQ:
0.16
FXF:
2.76
QQQ:
0.58
FXF:
4.05%
QQQ:
6.25%
FXF:
9.00%
QQQ:
24.88%
FXF:
-35.49%
QQQ:
-82.98%
FXF:
-20.62%
QQQ:
-17.56%
Returns By Period
In the year-to-date period, FXF achieves a 10.74% return, which is significantly higher than QQQ's -13.00% return. Over the past 10 years, FXF has underperformed QQQ with an annualized return of 0.62%, while QQQ has yielded a comparatively higher 16.13% annualized return.
FXF
10.74%
7.14%
5.48%
11.10%
2.70%
0.62%
QQQ
-13.00%
-7.51%
-9.91%
5.53%
16.35%
16.13%
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FXF vs. QQQ - Expense Ratio Comparison
FXF has a 0.40% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
FXF vs. QQQ — Risk-Adjusted Performance Rank
FXF
QQQ
FXF vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco CurrencyShares® Swiss Franc Trust (FXF) 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
FXF vs. QQQ - Dividend Comparison
FXF has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.67%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FXF Invesco CurrencyShares® Swiss Franc Trust | 0.00% | 0.03% | 0.02% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.15% |
QQQ Invesco QQQ | 0.67% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
FXF vs. QQQ - Drawdown Comparison
The maximum FXF drawdown since its inception was -35.49%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for FXF and QQQ. For additional features, visit the drawdowns tool.
Volatility
FXF vs. QQQ - Volatility Comparison
The current volatility for Invesco CurrencyShares® Swiss Franc Trust (FXF) is 5.40%, while Invesco QQQ (QQQ) has a volatility of 16.19%. This indicates that FXF 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.