NICSX vs. QQQ
Compare and contrast key facts about Nicholas Fund (NICSX) and Invesco QQQ (QQQ).
NICSX is managed by Nicholas. It was launched on Jul 14, 1969. QQQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 10, 1999.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NICSX or QQQ.
Performance
NICSX vs. QQQ - Performance Comparison
Returns By Period
In the year-to-date period, NICSX achieves a 13.74% return, which is significantly lower than QQQ's 23.40% return. Over the past 10 years, NICSX has underperformed QQQ with an annualized return of 4.01%, while QQQ has yielded a comparatively higher 18.08% annualized return.
NICSX
13.74%
1.24%
4.05%
16.84%
7.38%
4.01%
QQQ
23.40%
1.56%
10.75%
30.41%
20.90%
18.08%
Key characteristics
| NICSX | QQQ | |
|---|---|---|
| Sharpe Ratio | 1.30 | 1.71 |
| Sortino Ratio | 1.75 | 2.29 |
| Omega Ratio | 1.25 | 1.31 |
| Calmar Ratio | 2.10 | 2.19 |
| Martin Ratio | 6.79 | 7.95 |
| Ulcer Index | 2.46% | 3.73% |
| Daily Std Dev | 12.86% | 17.38% |
| Max Drawdown | -63.53% | -82.98% |
| Current Drawdown | -2.04% | -2.13% |
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NICSX vs. QQQ - Expense Ratio Comparison
NICSX has a 0.71% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Correlation
The correlation between NICSX and QQQ is 0.81, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Risk-Adjusted Performance
NICSX vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Nicholas Fund (NICSX) 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
NICSX vs. QQQ - Dividend Comparison
NICSX's dividend yield for the trailing twelve months is around 0.33%, less than QQQ's 0.60% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NICSX Nicholas Fund | 0.33% | 0.37% | 0.27% | 0.23% | 0.44% | 0.59% | 0.69% | 0.66% | 0.72% | 0.63% | 0.30% | 0.51% |
QQQ Invesco QQQ | 0.60% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.02% |
Drawdowns
NICSX vs. QQQ - Drawdown Comparison
The maximum NICSX drawdown since its inception was -63.53%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for NICSX and QQQ. For additional features, visit the drawdowns tool.
Volatility
NICSX vs. QQQ - Volatility Comparison
The current volatility for Nicholas Fund (NICSX) is 4.02%, while Invesco QQQ (QQQ) has a volatility of 5.66%. This indicates that NICSX 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.