HMCX.L vs. QQQ
Compare and contrast key facts about HSBC FTSE 250 UCITS ETF GBP (HMCX.L) and Invesco QQQ (QQQ).
HMCX.L and QQQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HMCX.L is a passively managed fund by HSBC that tracks the performance of the FTSE 250 Ex Investment Trust TR GBP. It was launched on Apr 7, 2010. 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 HMCX.L 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: HMCX.L or QQQ.
Correlation
The correlation between HMCX.L and QQQ is 0.40, 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
HMCX.L vs. QQQ - Performance Comparison
Key characteristics
HMCX.L:
1.00
QQQ:
1.44
HMCX.L:
1.47
QQQ:
1.95
HMCX.L:
1.18
QQQ:
1.26
HMCX.L:
0.71
QQQ:
1.94
HMCX.L:
4.45
QQQ:
6.71
HMCX.L:
2.67%
QQQ:
3.92%
HMCX.L:
11.82%
QQQ:
18.27%
HMCX.L:
-41.50%
QQQ:
-82.98%
HMCX.L:
-5.94%
QQQ:
0.00%
Returns By Period
In the year-to-date period, HMCX.L achieves a 1.85% return, which is significantly lower than QQQ's 5.27% return. Over the past 10 years, HMCX.L has underperformed QQQ with an annualized return of 4.42%, while QQQ has yielded a comparatively higher 18.37% annualized return.
HMCX.L
1.85%
1.68%
0.16%
11.88%
1.41%
4.42%
QQQ
5.27%
3.15%
12.16%
25.73%
18.66%
18.37%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
HMCX.L vs. QQQ - Expense Ratio Comparison
HMCX.L has a 0.35% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
HMCX.L vs. QQQ — Risk-Adjusted Performance Rank
HMCX.L
QQQ
HMCX.L vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for HSBC FTSE 250 UCITS ETF GBP (HMCX.L) 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
HMCX.L vs. QQQ - Dividend Comparison
HMCX.L's dividend yield for the trailing twelve months is around 3.00%, more than QQQ's 0.53% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HMCX.L HSBC FTSE 250 UCITS ETF GBP | 3.00% | 3.10% | 2.99% | 2.73% | 2.02% | 1.76% | 2.53% | 3.19% | 2.60% | 3.36% | 2.77% | 2.51% |
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
HMCX.L vs. QQQ - Drawdown Comparison
The maximum HMCX.L drawdown since its inception was -41.50%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for HMCX.L and QQQ. For additional features, visit the drawdowns tool.
Volatility
HMCX.L vs. QQQ - Volatility Comparison
The current volatility for HSBC FTSE 250 UCITS ETF GBP (HMCX.L) is 2.53%, while Invesco QQQ (QQQ) has a volatility of 4.69%. This indicates that HMCX.L 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.