LSPD vs. QTEC

Last updated Jun 24, 2026

LSPD (Lightspeed Commerce Inc) is a stock, while QTEC (First Trust NASDAQ-100 Technology Sector Index Fund) is Nasdaq-100 fund tracking the NASDAQ-100 Technology Sector Index. Over the past 5 years, LSPD returned -35.51%/yr vs 15.56%/yr for QTEC. A 0.56 correlation means they provide meaningful diversification when combined.

Performance

LSPD vs. QTEC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Lightspeed Commerce Inc (LSPD) and First Trust NASDAQ-100 Technology Sector Index Fund (QTEC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LSPD achieves a -21.85% return, which is significantly lower than QTEC's 38.99% return.

LSPD

• 1D: 3.85%
• 1M: 10.28%
• YTD: -21.85%
• 6M: -22.94%
• 1Y: -14.10%
• 3Y*: -14.30%
• 5Y*: -35.51%
• 10Y*: —

QTEC

• 1D: -4.69%
• 1M: 5.04%
• YTD: 38.99%
• 6M: 36.41%
• 1Y: 56.32%
• 3Y*: 31.13%
• 5Y*: 15.56%
• 10Y*: 22.91%

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

LSPD vs. QTEC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
LSPD Lightspeed Commerce Inc	-21.85%	-20.68%	-27.44%	46.78%	-64.63%	-42.56%	151.62%	-15.04%
QTEC First Trust NASDAQ-100 Technology Sector Index Fund	38.99%	22.28%	7.32%	67.02%	-39.83%	26.89%	38.76%	20.07%

Correlation

The correlation between LSPD and QTEC is 0.50, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.50
Correlation (3Y) Calculated over the trailing 3-year period	0.51
Correlation (5Y) Calculated over the trailing 5-year period	0.62
Correlation (All Time) Calculated using the full available price history since Aug 13, 2019	0.56

The correlation between LSPD and QTEC shifts across timeframes, from 0.50 (1 year) to 0.62 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

LSPD vs. QTEC — Risk / Return Rank

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

LSPD

LSPD Risk / Return Rank: 29
LSPD Sharpe Ratio Rank: 28
LSPD Sortino Ratio Rank: 27
LSPD Omega Ratio Rank: 27
LSPD Calmar Ratio Rank: 30
LSPD Martin Ratio Rank: 32

QTEC

QTEC Risk / Return Rank: 66
QTEC Sharpe Ratio Rank: 71
QTEC Sortino Ratio Rank: 60
QTEC Omega Ratio Rank: 63
QTEC Calmar Ratio Rank: 73
QTEC Martin Ratio Rank: 64

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.

LSPD vs. QTEC - Risk-Adjusted Trends 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.

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.

	LSPD	QTEC	Difference
Sharpe ratio: Return per unit of total volatility	-0.34	2.17	-2.50
Sortino ratio: Return per unit of downside risk	-0.22	2.71	-2.93
Omega ratio: Gain probability vs. loss probability	0.97	1.36	-0.39
Calmar ratio: Return relative to maximum drawdown	-0.36	3.53	-3.89
Martin ratio: Return relative to average drawdown	-0.61	11.11	-11.72

LSPD vs. QTEC - Sharpe Ratio Comparison

The current LSPD Sharpe Ratio is -0.34, which is lower than the QTEC Sharpe Ratio of 2.17. The chart below compares the historical Sharpe Ratios of LSPD and QTEC, 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

LSPD vs. QTEC - Drawdown Comparison

The maximum LSPD drawdown since its inception was -93.68%, 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.

Drawdown Indicators

	LSPD	QTEC	Difference
Max Drawdown Largest peak-to-trough decline	-93.68%	-58.86%	-34.82%
Max Drawdown (1Y) Largest decline over 1 year	-39.48%	-16.03%	-23.45%
Max Drawdown (3Y) Largest decline over 3 years	-62.75%	-29.00%	-33.75%
Max Drawdown (5Y) Largest decline over 5 years	-93.68%	-45.54%	-48.14%
Max Drawdown (10Y) Largest decline over 10 years	—	-45.54%	—
Current Drawdown Current decline from peak	-92.41%	-4.69%	-87.72%
Average Drawdown Average peak-to-trough decline	-64.49%	-9.87%	-54.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	23.21%	5.08%	+18.13%

Volatility

LSPD vs. QTEC - Volatility Comparison

The current volatility for Lightspeed Commerce Inc (LSPD) is 11.77%, while First Trust NASDAQ-100 Technology Sector Index Fund (QTEC) has a volatility of 14.47%. This indicates that LSPD experiences smaller price fluctuations and is considered to be less risky than QTEC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LSPD	QTEC	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.77%	14.47%	-2.70%
Volatility (6M) Calculated over the trailing 6-month period	28.42%	21.95%	+6.47%
Volatility (1Y) Calculated over the trailing 1-year period	42.24%	26.15%	+16.09%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	61.64%	29.72%	+31.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	72.18%	27.75%	+44.43%

Dividends

LSPD vs. QTEC - Dividend Comparison

Neither LSPD nor QTEC has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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	0.00%	0.00%	0.02%	0.14%	0.15%	0.02%	0.44%	0.68%	0.91%	0.80%	1.29%	0.99%

Frequently Asked Questions

Can I hold both LSPD and QTEC in my portfolio?

LSPD and QTEC have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LSPD or QTEC?

QTEC has higher volatility (14.47%) compared to LSPD (11.77%). In terms of maximum drawdown, LSPD dropped -93.68% vs QTEC's -58.86%.

Which has better risk-adjusted returns?

QTEC currently has the higher Sharpe Ratio (2.17 vs -0.34), 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.