KCGIX vs. QQQ

Last updated Jun 23, 2026

KCGIX (Knights of Columbus Large Cap Growth Fund) and QQQ (Invesco QQQ ETF) are both funds - KCGIX is a Large Cap Growth Equities fund managed by Catholic Investor, while QQQ is a Nasdaq-100 fund tracking the NASDAQ-100 Index. Over the past 10 years, KCGIX returned 15.81%/yr vs 22.48%/yr for QQQ. With a 0.96 correlation, they move nearly in lockstep. KCGIX charges 0.90%/yr vs 0.18%/yr for QQQ.

Performance

KCGIX vs. QQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Knights of Columbus Large Cap Growth Fund (KCGIX) and Invesco QQQ ETF (QQQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, KCGIX achieves a 12.09% return, which is significantly lower than QQQ's 20.41% return. Over the past 10 years, KCGIX has underperformed QQQ with an annualized return of 15.81%, while QQQ has yielded a comparatively higher 22.48% annualized return.

KCGIX

• 1D: 1.61%
• 1M: 1.96%
• YTD: 12.09%
• 6M: 11.36%
• 1Y: 32.29%
• 3Y*: 23.78%
• 5Y*: 12.99%
• 10Y*: 15.81%

QQQ

• 1D: -0.25%
• 1M: 2.96%
• YTD: 20.41%
• 6M: 19.46%
• 1Y: 40.91%
• 3Y*: 27.47%
• 5Y*: 16.94%
• 10Y*: 22.48%

*Multi-year figures are annualized to reflect compound growth (CAGR)

KCGIX vs. QQQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
KCGIX Knights of Columbus Large Cap Growth Fund	12.09%	20.25%	27.89%	38.13%	-31.49%	19.60%	33.86%	30.72%	-5.22%	26.71%
QQQ Invesco QQQ ETF	20.41%	20.77%	25.58%	54.86%	-32.58%	27.42%	48.62%	38.96%	-0.13%	32.66%

Correlation

The correlation between KCGIX and QQQ is 0.96 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.96
Correlation (3Y) Calculated over the trailing 3-year period	0.96
Correlation (5Y) Calculated over the trailing 5-year period	0.97
Correlation (10Y) Calculated over the trailing 10-year period	0.96
Correlation (All Time) Calculated using the full available price history since Jan 4, 2016	0.96

The correlation between KCGIX and QQQ has been stable across timeframes, ranging from 0.96 to 0.97 - a consistent structural relationship.

Return for Risk

KCGIX vs. QQQ — Risk / Return Rank

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

KCGIX

KCGIX Risk / Return Rank: 51
KCGIX Sharpe Ratio Rank: 59
KCGIX Sortino Ratio Rank: 54
KCGIX Omega Ratio Rank: 53
KCGIX Calmar Ratio Rank: 43
KCGIX Martin Ratio Rank: 45

QQQ

QQQ Risk / Return Rank: 72
QQQ Sharpe Ratio Rank: 76
QQQ Sortino Ratio Rank: 70
QQQ Omega Ratio Rank: 72
QQQ Calmar Ratio Rank: 70
QQQ Martin Ratio Rank: 71

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

KCGIX vs. QQQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Knights of Columbus Large Cap Growth Fund (KCGIX) and Invesco QQQ ETF (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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	KCGIX	QQQ	Difference
Sharpe ratio: Return per unit of total volatility	2.08	2.33	-0.25
Sortino ratio: Return per unit of downside risk	2.83	3.03	-0.20
Omega ratio: Gain probability vs. loss probability	1.37	1.41	-0.04
Calmar ratio: Return relative to maximum drawdown	2.37	3.44	-1.07
Martin ratio: Return relative to average drawdown	9.02	12.79	-3.77

KCGIX vs. QQQ - Sharpe Ratio Comparison

The current KCGIX Sharpe Ratio is 2.08, which is comparable to the QQQ Sharpe Ratio of 2.33. The chart below compares the historical Sharpe Ratios of KCGIX and QQQ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

KCGIX vs. QQQ - Drawdown Comparison

The maximum KCGIX drawdown since its inception was -35.51%, smaller than the maximum QQQ drawdown of -82.97%. Use the drawdown chart below to compare losses from any high point for KCGIX and QQQ.

Drawdown Indicators

	KCGIX	QQQ	Difference
Max Drawdown Largest peak-to-trough decline	-35.51%	-82.97%	+47.46%
Max Drawdown (1Y) Largest decline over 1 year	-13.50%	-11.96%	-1.54%
Max Drawdown (3Y) Largest decline over 3 years	-22.20%	-22.77%	+0.57%
Max Drawdown (5Y) Largest decline over 5 years	-35.51%	-35.12%	-0.39%
Max Drawdown (10Y) Largest decline over 10 years	-35.51%	-35.12%	-0.39%
Current Drawdown Current decline from peak	-1.67%	-0.99%	-0.68%
Average Drawdown Average peak-to-trough decline	-6.83%	-32.73%	+25.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.54%	3.21%	+0.33%

Volatility

KCGIX vs. QQQ - Volatility Comparison

The current volatility for Knights of Columbus Large Cap Growth Fund (KCGIX) is 6.24%, while Invesco QQQ ETF (QQQ) has a volatility of 8.47%. This indicates that KCGIX 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.

Volatility by Period

	KCGIX	QQQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.24%	8.47%	-2.23%
Volatility (6M) Calculated over the trailing 6-month period	12.46%	14.20%	-1.74%
Volatility (1Y) Calculated over the trailing 1-year period	15.37%	17.67%	-2.30%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.72%	22.64%	-1.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.72%	22.43%	-1.71%

KCGIX vs. QQQ - Expense Ratio Comparison

KCGIX has a 0.90% expense ratio, which is higher than QQQ's 0.18% expense ratio.

Dividends

KCGIX vs. QQQ - Dividend Comparison

KCGIX's dividend yield for the trailing twelve months is around 5.41%, more than QQQ's 0.49% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
KCGIX Knights of Columbus Large Cap Growth Fund	5.41%	6.03%	0.69%	0.15%	0.03%	13.90%	5.61%	5.20%	13.63%	0.91%	0.34%	0.00%
QQQ Invesco QQQ ETF	0.41%	0.45%	0.56%	0.62%	0.80%	0.43%	0.55%	0.74%	0.91%	0.84%	1.06%	0.99%

Frequently Asked Questions

Can I hold both KCGIX and QQQ in my portfolio?

With a correlation of 0.96, KCGIX and QQQ move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, KCGIX or QQQ?

QQQ has higher volatility (8.47%) compared to KCGIX (6.24%). In terms of maximum drawdown, KCGIX dropped -35.51% vs QQQ's -82.97%.

Which has better risk-adjusted returns?

QQQ currently has the higher Sharpe Ratio (2.33 vs 2.08), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.