RERCX vs. QQQ
Compare and contrast key facts about American Funds EuroPacific Growth Fund® Class R-3 (RERCX) and Invesco QQQ (QQQ).
RERCX is managed by American Funds. It was launched on Apr 16, 1984. 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: RERCX or QQQ.
Correlation
The correlation between RERCX and QQQ is 0.70, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
RERCX vs. QQQ - Performance Comparison
Key characteristics
RERCX:
0.07
QQQ:
1.64
RERCX:
0.18
QQQ:
2.19
RERCX:
1.02
QQQ:
1.30
RERCX:
0.04
QQQ:
2.16
RERCX:
0.28
QQQ:
7.79
RERCX:
3.43%
QQQ:
3.76%
RERCX:
13.56%
QQQ:
17.85%
RERCX:
-52.70%
QQQ:
-82.98%
RERCX:
-25.62%
QQQ:
-3.63%
Returns By Period
In the year-to-date period, RERCX achieves a -1.31% return, which is significantly lower than QQQ's 27.20% return. Over the past 10 years, RERCX has underperformed QQQ with an annualized return of 2.04%, while QQQ has yielded a comparatively higher 18.36% annualized return.
RERCX
-1.31%
-5.06%
-5.78%
-0.17%
0.12%
2.04%
QQQ
27.20%
3.08%
8.34%
27.81%
20.44%
18.36%
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RERCX vs. QQQ - Expense Ratio Comparison
RERCX has a 1.11% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
RERCX vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds EuroPacific Growth Fund® Class R-3 (RERCX) 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
RERCX vs. QQQ - Dividend Comparison
RERCX's dividend yield for the trailing twelve months is around 0.32%, less than QQQ's 0.43% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RERCX American Funds EuroPacific Growth Fund® Class R-3 | 0.32% | 1.41% | 0.98% | 1.18% | 0.00% | 0.77% | 1.08% | 0.58% | 0.95% | 1.44% | 1.06% | 0.66% |
QQQ Invesco QQQ | 0.43% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.02% |
Drawdowns
RERCX vs. QQQ - Drawdown Comparison
The maximum RERCX drawdown since its inception was -52.70%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for RERCX and QQQ. For additional features, visit the drawdowns tool.
Volatility
RERCX vs. QQQ - Volatility Comparison
American Funds EuroPacific Growth Fund® Class R-3 (RERCX) has a higher volatility of 5.65% compared to Invesco QQQ (QQQ) at 5.29%. This indicates that RERCX's price experiences larger fluctuations and is considered to be riskier than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.