S100.L vs. QQQ
Compare and contrast key facts about Invesco FTSE 100 UCITS ETF (S100.L) and Invesco QQQ (QQQ).
S100.L and QQQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. S100.L is a passively managed fund by Invesco that tracks the performance of the FTSE AllSh TR GBP. It was launched on Mar 31, 2009. 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 S100.L 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: S100.L or QQQ.
Key characteristics
| S100.L | QQQ | |
|---|---|---|
| YTD Return | 10.16% | 15.90% |
| 1Y Return | 10.96% | 28.50% |
| 3Y Return (Ann) | 9.81% | 8.93% |
| 5Y Return (Ann) | 6.05% | 20.58% |
| 10Y Return (Ann) | 5.60% | 17.81% |
| Sharpe Ratio | 1.17 | 1.48 |
| Daily Std Dev | 10.31% | 17.72% |
| Max Drawdown | -34.58% | -82.98% |
| Current Drawdown | -1.20% | -5.91% |
Correlation
The correlation between S100.L and QQQ is 0.34, 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
S100.L vs. QQQ - Performance Comparison
In the year-to-date period, S100.L achieves a 10.16% return, which is significantly lower than QQQ's 15.90% return. Over the past 10 years, S100.L has underperformed QQQ with an annualized return of 5.60%, 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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S100.L vs. QQQ - Expense Ratio Comparison
S100.L has a 0.09% expense ratio, which is lower than QQQ's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
S100.L vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco FTSE 100 UCITS ETF (S100.L) 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
S100.L vs. QQQ - Dividend Comparison
S100.L has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.61%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
S100.L Invesco FTSE 100 UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQ Invesco QQQ | 0.61% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.01% |
Drawdowns
S100.L vs. QQQ - Drawdown Comparison
The maximum S100.L drawdown since its inception was -34.58%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for S100.L and QQQ. For additional features, visit the drawdowns tool.
Volatility
S100.L vs. QQQ - Volatility Comparison
The current volatility for Invesco FTSE 100 UCITS ETF (S100.L) is 3.60%, while Invesco QQQ (QQQ) has a volatility of 6.05%. This indicates that S100.L 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.