QCI.DE vs. FRHC

Last updated Jul 21, 2026

QCI.DE (QUALCOMM Incorporated) and FRHC (Freedom Holding Corp.) are both stocks. QCI.DE operates in Semiconductors (Technology), while FRHC operates in Capital Markets (Financial Services). Over the past 5 years, QCI.DE returned 7.21%/yr vs 20.27%/yr for FRHC. At a 0.23 correlation, their price movements are largely independent.

Performance

QCI.DE vs. FRHC - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in QUALCOMM Incorporated (QCI.DE) and Freedom Holding Corp. (FRHC). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

QCI.DE is traded in EUR, while FRHC is traded in USD. To make them comparable, the FRHC values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, QCI.DE achieves a 3.23% return, which is significantly lower than FRHC's 33.21% return.

QCI.DE

• 1D: 4.21%
• 1M: -23.16%
• 6M: 13.28%
• YTD: 3.23%
• 1Y: 16.37%
• 3Y*: 13.34%
• 5Y*: 7.21%
• 10Y*: 14.05%
• ALL TIME*: 11.68%

FRHC

• 1D: 3.38%
• 1M: 10.07%
• 6M: 27.03%
• YTD: 33.21%
• 1Y: -10.33%
• 3Y*: 24.03%
• 5Y*: 20.27%
• 10Y*: —
• ALL TIME*: 65.89%

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

QCI.DE vs. FRHC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
QCI.DE QUALCOMM Incorporated	3.23%	1.53%	15.40%	32.98%	-36.61%	38.70%	57.79%	67.74%	-4.19%	22.32%
FRHC Freedom Holding Corp.	33.21%	-17.94%	72.85%	34.29%	-10.82%	45.23%	223.80%	80.01%	35.97%	229.08%

Correlation

The correlation between QCI.DE and FRHC is 0.10, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.10
Correlation (3Y) Calculated over the trailing 3-year period	0.12
Correlation (5Y) Calculated over the trailing 5-year period	0.22
Correlation (All Time) Calculated using the full available price history since Oct 3, 2017	0.23

The correlation between QCI.DE and FRHC shifts across timeframes, from 0.10 (1 year) to 0.23 (all time), reflecting how their relationship changes across market environments.

Return for Risk

QCI.DE vs. FRHC — Risk / Return Rank

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

QCI.DE

QCI.DE Risk / Return Rank: 57
QCI.DE Sharpe Ratio Rank: 57
QCI.DE Sortino Ratio Rank: 57
QCI.DE Omega Ratio Rank: 57
QCI.DE Calmar Ratio Rank: 57
QCI.DE Martin Ratio Rank: 57

FRHC

FRHC Risk / Return Rank: 34
FRHC Sharpe Ratio Rank: 34
FRHC Sortino Ratio Rank: 31
FRHC Omega Ratio Rank: 32
FRHC Calmar Ratio Rank: 36
FRHC Martin Ratio Rank: 36

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.

QCI.DE vs. FRHC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for QUALCOMM Incorporated (QCI.DE) and Freedom Holding Corp. (FRHC). 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.

	QCI.DE	FRHC	Difference
Sharpe ratio: Return per unit of total volatility	0.30	-0.23	+0.53
Sortino ratio: Return per unit of downside risk	0.86	-0.03	+0.89
Omega ratio: Gain probability vs. loss probability	1.11	1.00	+0.12
Calmar ratio: Return relative to maximum drawdown	0.47	-0.25	+0.72
Martin ratio: Return relative to average drawdown	0.94	-0.42	+1.37

QCI.DE vs. FRHC - Sharpe Ratio Comparison

The current QCI.DE Sharpe Ratio is 0.30, which is higher than the FRHC Sharpe Ratio of -0.23. The chart below compares the historical Sharpe Ratios of QCI.DE and FRHC, 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

QCI.DE vs. FRHC - Drawdown Comparison

The maximum QCI.DE drawdown since its inception was -48.14%, which is greater than FRHC's maximum drawdown of -42.09%. Use the drawdown chart below to compare losses from any high point for QCI.DE and FRHC.

Drawdown Indicators

	QCI.DE	FRHC	Difference
Max Drawdown Largest peak-to-trough decline	-48.14%	-42.09%	-6.05%
Max Drawdown (1Y) Largest decline over 1 year	-34.36%	-41.91%	+7.55%
Max Drawdown (3Y) Largest decline over 3 years	-48.14%	-41.91%	-6.23%
Max Drawdown (5Y) Largest decline over 5 years	-48.14%	-42.09%	-6.05%
Max Drawdown (10Y) Largest decline over 10 years	-48.14%	—	—
Current Drawdown Current decline from peak	-29.70%	-15.40%	-14.30%
Average Drawdown Average peak-to-trough decline	-17.59%	-11.31%	-6.28%
Ulcer Index Depth and duration of drawdowns from previous peaks	17.29%	24.35%	-7.06%

Volatility

QCI.DE vs. FRHC - Volatility Comparison

The current volatility for QUALCOMM Incorporated (QCI.DE) is 19.09%, while Freedom Holding Corp. (FRHC) has a volatility of 26.54%. This indicates that QCI.DE experiences smaller price fluctuations and is considered to be less risky than FRHC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QCI.DE	FRHC	Difference
Volatility (1M) Calculated over the trailing 1-month period	19.09%	26.54%	-7.45%
Volatility (6M) Calculated over the trailing 6-month period	48.60%	36.79%	+11.81%
Volatility (1Y) Calculated over the trailing 1-year period	54.27%	45.50%	+8.77%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	39.13%	39.71%	-0.58%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	39.12%	48.55%	-9.43%

Dividends

QCI.DE vs. FRHC - Dividend Comparison

QCI.DE's dividend yield for the trailing twelve months is around 2.05%, while FRHC has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FRHC Freedom Holding Corp.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
QCI.DE QUALCOMM Incorporated	2.05%	2.06%	2.21%	2.39%	2.87%	1.63%	2.12%	3.13%	4.94%	4.17%	3.32%	3.97%

Financials

Frequently Asked Questions

Can I hold both QCI.DE and FRHC in my portfolio?

QCI.DE and FRHC have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.