LSPD vs. QTEC
Compare and contrast key facts about Lightspeed Commerce Inc (LSPD) and First Trust NASDAQ-100 Technology Sector Index Fund (QTEC).
QTEC is a passively managed fund by First Trust that tracks the performance of the NASDAQ-100 Technology Sector Index. It was launched on Apr 19, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LSPD or QTEC.
Correlation
The correlation between LSPD and QTEC is 0.56, 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
LSPD vs. QTEC - Performance Comparison
Key characteristics
LSPD:
-0.43
QTEC:
0.44
LSPD:
-0.32
QTEC:
0.74
LSPD:
0.95
QTEC:
1.09
LSPD:
-0.24
QTEC:
0.61
LSPD:
-0.81
QTEC:
1.70
LSPD:
26.72%
QTEC:
6.15%
LSPD:
50.13%
QTEC:
23.71%
LSPD:
-90.48%
QTEC:
-58.86%
LSPD:
-88.07%
QTEC:
-6.15%
Returns By Period
In the year-to-date period, LSPD achieves a -2.56% return, which is significantly lower than QTEC's 2.37% return.
LSPD
-2.56%
-8.51%
6.38%
-21.52%
-14.42%
N/A
QTEC
2.37%
-4.57%
-2.24%
10.11%
13.14%
17.11%
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Risk-Adjusted Performance
LSPD vs. QTEC — Risk-Adjusted Performance Rank
LSPD
QTEC
LSPD vs. QTEC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Lightspeed Commerce Inc (LSPD) and First Trust NASDAQ-100 Technology Sector Index Fund (QTEC). 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
LSPD vs. QTEC - Dividend Comparison
LSPD has not paid dividends to shareholders, while QTEC's dividend yield for the trailing twelve months is around 0.02%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LSPD Lightspeed Commerce Inc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QTEC First Trust NASDAQ-100 Technology Sector Index Fund | 0.02% | 0.02% | 0.14% | 0.15% | 0.02% | 0.44% | 0.68% | 0.91% | 0.80% | 1.29% | 0.99% | 1.22% |
Drawdowns
LSPD vs. QTEC - Drawdown Comparison
The maximum LSPD drawdown since its inception was -90.48%, which is greater than QTEC's maximum drawdown of -58.86%. Use the drawdown chart below to compare losses from any high point for LSPD and QTEC. For additional features, visit the drawdowns tool.
Volatility
LSPD vs. QTEC - Volatility Comparison
Lightspeed Commerce Inc (LSPD) has a higher volatility of 12.21% compared to First Trust NASDAQ-100 Technology Sector Index Fund (QTEC) at 7.14%. This indicates that LSPD's price experiences larger fluctuations and is considered to be riskier than QTEC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.