QQC-F.TO vs. AMZN
Compare and contrast key facts about Invesco NASDAQ 100 Index ETF CAD Hedged (QQC-F.TO) and Amazon.com, Inc. (AMZN).
QQC-F.TO is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on May 27, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: QQC-F.TO or AMZN.
Correlation
The correlation between QQC-F.TO and AMZN is 0.80, 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.
Performance
QQC-F.TO vs. AMZN - Performance Comparison
Key characteristics
QQC-F.TO:
0.41
AMZN:
0.19
QQC-F.TO:
0.75
AMZN:
0.50
QQC-F.TO:
1.10
AMZN:
1.06
QQC-F.TO:
0.45
AMZN:
0.20
QQC-F.TO:
1.51
AMZN:
0.58
QQC-F.TO:
6.83%
AMZN:
10.76%
QQC-F.TO:
24.96%
AMZN:
33.68%
QQC-F.TO:
-36.02%
AMZN:
-94.40%
QQC-F.TO:
-12.81%
AMZN:
-22.46%
Returns By Period
In the year-to-date period, QQC-F.TO achieves a -7.93% return, which is significantly higher than AMZN's -14.44% return. Over the past 10 years, QQC-F.TO has underperformed AMZN with an annualized return of 15.44%, while AMZN has yielded a comparatively higher 24.49% annualized return.
QQC-F.TO
-7.93%
0.51%
-5.60%
8.36%
16.06%
15.44%
AMZN
-14.44%
-2.60%
-0.37%
4.50%
9.65%
24.49%
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Risk-Adjusted Performance
QQC-F.TO vs. AMZN — Risk-Adjusted Performance Rank
QQC-F.TO
AMZN
QQC-F.TO vs. AMZN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco NASDAQ 100 Index ETF CAD Hedged (QQC-F.TO) and Amazon.com, Inc. (AMZN). 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
QQC-F.TO vs. AMZN - Dividend Comparison
QQC-F.TO's dividend yield for the trailing twelve months is around 0.13%, while AMZN has not paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
QQC-F.TO Invesco NASDAQ 100 Index ETF CAD Hedged | 0.13% | 0.24% | 0.57% | 0.89% | 0.66% | 0.49% | 0.64% | 0.77% | 0.66% | 0.81% | 0.76% | 1.03% |
AMZN Amazon.com, 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% |
Drawdowns
QQC-F.TO vs. AMZN - Drawdown Comparison
The maximum QQC-F.TO drawdown since its inception was -36.02%, smaller than the maximum AMZN drawdown of -94.40%. Use the drawdown chart below to compare losses from any high point for QQC-F.TO and AMZN. For additional features, visit the drawdowns tool.
Volatility
QQC-F.TO vs. AMZN - Volatility Comparison
The current volatility for Invesco NASDAQ 100 Index ETF CAD Hedged (QQC-F.TO) is 17.40%, while Amazon.com, Inc. (AMZN) has a volatility of 19.68%. This indicates that QQC-F.TO experiences smaller price fluctuations and is considered to be less risky than AMZN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.