SMHN.DE vs. QQEW
Compare and contrast key facts about SÜSS MicroTec SE (SMHN.DE) and First Trust Nasdaq-100 Equal Weighted Index Fund (QQEW).
QQEW is a passively managed fund by First Trust that tracks the performance of the NASDAQ-100 Equal Weighted Index. It was launched on Apr 19, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SMHN.DE or QQEW.
Key characteristics
SMHN.DE | QQEW | |
---|---|---|
YTD Return | 93.50% | 4.77% |
1Y Return | 146.18% | 24.88% |
3Y Return (Ann) | 30.75% | 6.63% |
5Y Return (Ann) | 38.29% | 14.37% |
10Y Return (Ann) | 21.37% | 13.48% |
Sharpe Ratio | 2.44 | 1.78 |
Daily Std Dev | 54.74% | 14.77% |
Max Drawdown | -98.23% | -58.16% |
Current Drawdown | -6.01% | -0.98% |
Correlation
The correlation between SMHN.DE and QQEW is 0.33, 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
SMHN.DE vs. QQEW - Performance Comparison
In the year-to-date period, SMHN.DE achieves a 93.50% return, which is significantly higher than QQEW's 4.77% return. Over the past 10 years, SMHN.DE has outperformed QQEW with an annualized return of 21.37%, while QQEW has yielded a comparatively lower 13.48% 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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Risk-Adjusted Performance
SMHN.DE vs. QQEW - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SÜSS MicroTec SE (SMHN.DE) and First Trust Nasdaq-100 Equal Weighted Index Fund (QQEW). 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
SMHN.DE vs. QQEW - Dividend Comparison
SMHN.DE's dividend yield for the trailing twelve months is around 0.37%, less than QQEW's 0.69% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
SÜSS MicroTec SE | 0.37% | 0.72% | 1.06% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
First Trust Nasdaq-100 Equal Weighted Index Fund | 0.69% | 0.70% | 0.66% | 0.24% | 0.34% | 0.48% | 0.56% | 0.48% | 0.73% | 0.61% | 1.05% | 0.46% |
Drawdowns
SMHN.DE vs. QQEW - Drawdown Comparison
The maximum SMHN.DE drawdown since its inception was -98.23%, which is greater than QQEW's maximum drawdown of -58.16%. Use the drawdown chart below to compare losses from any high point for SMHN.DE and QQEW. For additional features, visit the drawdowns tool.
Volatility
SMHN.DE vs. QQEW - Volatility Comparison
SÜSS MicroTec SE (SMHN.DE) has a higher volatility of 13.73% compared to First Trust Nasdaq-100 Equal Weighted Index Fund (QQEW) at 3.58%. This indicates that SMHN.DE's price experiences larger fluctuations and is considered to be riskier than QQEW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.