ITWN.L vs. QQQ
Compare and contrast key facts about iShares MSCI Taiwan UCITS ETF (ITWN.L) and Invesco QQQ (QQQ).
ITWN.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. ITWN.L is a passively managed fund by iShares that tracks the performance of the MSCI Taiwan NR USD. It was launched on Oct 28, 2005. 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 ITWN.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: ITWN.L or QQQ.
Correlation
The correlation between ITWN.L and QQQ is 0.43, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
ITWN.L vs. QQQ - Performance Comparison
Key characteristics
ITWN.L:
1.08
QQQ:
1.30
ITWN.L:
1.49
QQQ:
1.78
ITWN.L:
1.20
QQQ:
1.24
ITWN.L:
1.37
QQQ:
1.76
ITWN.L:
4.45
QQQ:
6.08
ITWN.L:
5.32%
QQQ:
3.92%
ITWN.L:
22.03%
QQQ:
18.35%
ITWN.L:
-48.27%
QQQ:
-82.98%
ITWN.L:
-3.73%
QQQ:
-2.49%
Returns By Period
In the year-to-date period, ITWN.L achieves a 1.00% return, which is significantly lower than QQQ's 2.90% return. Over the past 10 years, ITWN.L has underperformed QQQ with an annualized return of 14.62%, while QQQ has yielded a comparatively higher 18.10% annualized return.
ITWN.L
1.00%
-3.59%
7.08%
23.72%
16.82%
14.62%
QQQ
2.90%
-1.23%
9.93%
21.16%
19.73%
18.10%
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ITWN.L vs. QQQ - Expense Ratio Comparison
ITWN.L has a 0.74% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
ITWN.L vs. QQQ — Risk-Adjusted Performance Rank
ITWN.L
QQQ
ITWN.L vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Taiwan UCITS ETF (ITWN.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
ITWN.L vs. QQQ - Dividend Comparison
ITWN.L's dividend yield for the trailing twelve months is around 1.36%, more than QQQ's 0.54% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ITWN.L iShares MSCI Taiwan UCITS ETF | 1.36% | 1.37% | 2.14% | 3.54% | 1.33% | 1.83% | 2.28% | 2.72% | 2.74% | 2.86% | 3.23% | 1.40% |
QQQ Invesco QQQ | 0.54% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
ITWN.L vs. QQQ - Drawdown Comparison
The maximum ITWN.L drawdown since its inception was -48.27%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for ITWN.L and QQQ. For additional features, visit the drawdowns tool.
Volatility
ITWN.L vs. QQQ - Volatility Comparison
iShares MSCI Taiwan UCITS ETF (ITWN.L) has a higher volatility of 8.45% compared to Invesco QQQ (QQQ) at 5.01%. This indicates that ITWN.L'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.