QQC-F.TO vs. HTAE.TO
Compare and contrast key facts about Invesco NASDAQ 100 Index ETF CAD Hedged (QQC-F.TO) and Harvest Tech Achievers Enhanced Income ETF - Class A Units (HTAE.TO).
QQC-F.TO and HTAE.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. HTAE.TO is an actively managed fund by Harvest. It was launched on Oct 20, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: QQC-F.TO or HTAE.TO.
Correlation
The correlation between QQC-F.TO and HTAE.TO is 0.88, 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. HTAE.TO - Performance Comparison
Key characteristics
QQC-F.TO:
0.41
HTAE.TO:
0.00
QQC-F.TO:
0.75
HTAE.TO:
0.24
QQC-F.TO:
1.10
HTAE.TO:
1.03
QQC-F.TO:
0.45
HTAE.TO:
0.00
QQC-F.TO:
1.51
HTAE.TO:
0.00
QQC-F.TO:
6.83%
HTAE.TO:
9.18%
QQC-F.TO:
24.96%
HTAE.TO:
33.34%
QQC-F.TO:
-36.02%
HTAE.TO:
-30.83%
QQC-F.TO:
-12.81%
HTAE.TO:
-20.09%
Returns By Period
In the year-to-date period, QQC-F.TO achieves a -7.93% return, which is significantly higher than HTAE.TO's -15.03% return.
QQC-F.TO
-7.93%
0.51%
-5.60%
8.36%
16.06%
15.44%
HTAE.TO
-15.03%
-2.59%
-14.85%
-1.89%
N/A
N/A
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QQC-F.TO vs. HTAE.TO - Expense Ratio Comparison
QQC-F.TO has a 0.20% expense ratio, which is lower than HTAE.TO's 2.49% expense ratio.
Risk-Adjusted Performance
QQC-F.TO vs. HTAE.TO — Risk-Adjusted Performance Rank
QQC-F.TO
HTAE.TO
QQC-F.TO vs. HTAE.TO - 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 Harvest Tech Achievers Enhanced Income ETF - Class A Units (HTAE.TO). 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. HTAE.TO - Dividend Comparison
QQC-F.TO's dividend yield for the trailing twelve months is around 0.13%, less than HTAE.TO's 12.79% yield.
| 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% |
HTAE.TO Harvest Tech Achievers Enhanced Income ETF - Class A Units | 12.79% | 10.01% | 9.38% | 2.20% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
QQC-F.TO vs. HTAE.TO - Drawdown Comparison
The maximum QQC-F.TO drawdown since its inception was -36.02%, which is greater than HTAE.TO's maximum drawdown of -30.83%. Use the drawdown chart below to compare losses from any high point for QQC-F.TO and HTAE.TO. For additional features, visit the drawdowns tool.
Volatility
QQC-F.TO vs. HTAE.TO - Volatility Comparison
The current volatility for Invesco NASDAQ 100 Index ETF CAD Hedged (QQC-F.TO) is 17.40%, while Harvest Tech Achievers Enhanced Income ETF - Class A Units (HTAE.TO) has a volatility of 22.85%. This indicates that QQC-F.TO experiences smaller price fluctuations and is considered to be less risky than HTAE.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.