KRW=X vs. QQQ
KRW=X (US Dollar/Korean Won FX) is a currency, while QQQ (Invesco QQQ ETF) is Nasdaq-100 fund tracking the NASDAQ-100 Index. Over the past 10 years, KRW=X returned 2.73%/yr vs 25.81%/yr for QQQ. At a 0.17 correlation, their price movements are largely independent.
Performance
KRW=X vs. QQQ - Performance Comparison
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Different Trading Currencies
KRW=X is traded in KRW, while QQQ is traded in USD. To make them comparable, the QQQ values have been converted to KRW using the latest available exchange rates.
Returns By Period
In the year-to-date period, KRW=X achieves a 6.64% return, which is significantly lower than QQQ's 28.41% return. Over the past 10 years, KRW=X has underperformed QQQ with an annualized return of 2.73%, while QQQ has yielded a comparatively higher 25.81% annualized return.
KRW=X
- 1D
- -0.10%
- 1M
- 1.03%
- YTD
- 6.64%
- 6M
- 3.82%
- 1Y
- 11.22%
- 3Y*
- 5.56%
- 5Y*
- 6.23%
- 10Y*
- 2.73%
QQQ
- 1D
- -0.42%
- 1M
- 4.02%
- YTD
- 28.41%
- 6M
- 24.02%
- 1Y
- 57.67%
- 3Y*
- 34.56%
- 5Y*
- 24.23%
- 10Y*
- 25.81%
KRW=X vs. QQQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
KRW=X US Dollar/Korean Won FX | 6.64% | -2.30% | 14.01% | 2.85% | 5.66% | 9.56% | -5.87% | 3.80% | 4.32% | -11.65% |
QQQ Invesco QQQ ETF | 28.41% | 18.00% | 43.17% | 59.27% | -28.76% | 39.60% | 39.90% | 44.24% | 4.18% | 17.21% |
Correlation
The correlation between KRW=X and QQQ is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.15 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.19 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.10 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.08 |
Correlation (All Time) Calculated using the full available price history since Jul 25, 2007 | 0.17 |
The correlation between KRW=X and QQQ shifts across timeframes, from 0.08 (10 years) to 0.19 (3 years), reflecting how their relationship changes across market environments.
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Return for Risk
KRW=X vs. QQQ — Risk / Return Rank
KRW=X
QQQ
KRW=X vs. QQQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for US Dollar/Korean Won FX (KRW=X) 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.
| KRW=X | QQQ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.56 | ||
| Sortino ratioReturn per unit of downside risk | -3.01 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.62 | -0.42 |
| Calmar ratioReturn relative to maximum drawdown | 1.91 | 7.02 | -5.11 |
| Martin ratioReturn relative to average drawdown | 5.97 | 23.18 | -17.21 |
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Drawdowns
KRW=X vs. QQQ - Drawdown Comparison
The maximum KRW=X drawdown since its inception was -35.73%, which is greater than QQQ's maximum drawdown of -30.68%. Use the drawdown chart below to compare losses from any high point for KRW=X and QQQ.
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Drawdown Indicators
| KRW=X | QQQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.73% | -30.68% | -5.05% |
Max Drawdown (1Y)Largest decline over 1 year | -4.68% | -8.25% | +3.57% |
Max Drawdown (3Y)Largest decline over 3 years | -8.84% | -20.80% | +11.96% |
Max Drawdown (5Y)Largest decline over 5 years | -15.41% | -30.68% | +15.27% |
Max Drawdown (10Y)Largest decline over 10 years | -15.41% | -30.68% | +15.27% |
Current DrawdownCurrent decline from peak | -2.17% | -0.44% | -1.73% |
Average DrawdownAverage peak-to-trough decline | -22.02% | -5.25% | -16.77% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.63% | 2.50% | -0.87% |
Volatility
KRW=X vs. QQQ - Volatility Comparison
The current volatility for US Dollar/Korean Won FX (KRW=X) is 3.35%, while Invesco QQQ ETF (QQQ) has a volatility of 7.71%. This indicates that KRW=X 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.
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Volatility by Period
| KRW=X | QQQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.35% | 7.71% | -4.36% |
Volatility (6M)Calculated over the trailing 6-month period | 7.74% | 12.68% | -4.94% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.76% | 16.22% | -7.46% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.09% | 21.24% | -12.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.53% | 20.76% | -12.23% |
Frequently Asked Questions
KRW=X and QQQ have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
QQQ has higher volatility (7.71%) compared to KRW=X (3.35%). In terms of maximum drawdown, KRW=X dropped -35.73% vs QQQ's -30.68%.
QQQ currently has the higher Sharpe Ratio (3.58 vs 1.02), 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.
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