GCT vs. QQQ

In the year-to-date period, GCT achieves a 7.13% return, which is significantly lower than QQQ's 8.26% return.

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This table presents a comparison of risk-adjusted performance metrics for GigaCloud Technology Inc (GCT) 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 GCT Sharpe Ratio is -0.53, which is lower than the QQQ Sharpe Ratio of 0.47. The chart below compares the historical Sharpe Ratios of GCT 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.

The correlation between GCT and QQQ is 0.30, 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.

GCT has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.51%.

The maximum GCT drawdown since its inception was -91.11%, which is greater than QQQ's maximum drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for GCT and QQQ.

GigaCloud Technology Inc (GCT) has a higher volatility of 14.30% compared to Invesco QQQ (QQQ) at 3.75%. This indicates that GCT'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.