RQFI.DE vs. QQQ
Compare and contrast key facts about Xtrackers Harvest CSI 300 UCITS ETF 1D (RQFI.DE) and Invesco QQQ (QQQ).
RQFI.DE and QQQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. RQFI.DE is a passively managed fund by Xtrackers that tracks the performance of the MSCI China A Onshore NR CNY. It was launched on Jan 8, 2014. QQQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 10, 1999. Both RQFI.DE and QQQ are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RQFI.DE or QQQ.
Key characteristics
RQFI.DE | QQQ | |
---|---|---|
YTD Return | -7.04% | 15.96% |
1Y Return | -15.49% | 28.44% |
3Y Return (Ann) | -13.46% | 8.94% |
5Y Return (Ann) | -3.57% | 20.55% |
10Y Return (Ann) | 3.77% | 17.81% |
Sharpe Ratio | -0.94 | 1.62 |
Daily Std Dev | 15.15% | 17.68% |
Max Drawdown | -51.79% | -82.98% |
Current Drawdown | -45.78% | -5.86% |
Correlation
The correlation between RQFI.DE and QQQ is 0.30, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
RQFI.DE vs. QQQ - Performance Comparison
In the year-to-date period, RQFI.DE achieves a -7.04% return, which is significantly lower than QQQ's 15.96% return. Over the past 10 years, RQFI.DE has underperformed QQQ with an annualized return of 3.77%, while QQQ has yielded a comparatively higher 17.81% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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RQFI.DE vs. QQQ - Expense Ratio Comparison
RQFI.DE has a 0.65% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
RQFI.DE vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers Harvest CSI 300 UCITS ETF 1D (RQFI.DE) 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
RQFI.DE vs. QQQ - Dividend Comparison
RQFI.DE has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.50%.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Xtrackers Harvest CSI 300 UCITS ETF 1D | 0.00% | 1.12% | 1.97% | 0.90% | 1.32% | 0.75% | 2.31% | 2.00% | 1.81% | 0.37% | 0.60% | 0.00% |
Invesco QQQ | 0.50% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.01% |
Drawdowns
RQFI.DE vs. QQQ - Drawdown Comparison
The maximum RQFI.DE drawdown since its inception was -51.79%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for RQFI.DE and QQQ. For additional features, visit the drawdowns tool.
Volatility
RQFI.DE vs. QQQ - Volatility Comparison
The current volatility for Xtrackers Harvest CSI 300 UCITS ETF 1D (RQFI.DE) is 3.82%, while Invesco QQQ (QQQ) has a volatility of 5.89%. This indicates that RQFI.DE 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.