SPYK.DE vs. QQQ
Compare and contrast key facts about SPDR MSCI Europe Technology UCITS ETF (SPYK.DE) and Invesco QQQ (QQQ).
SPYK.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. SPYK.DE is a passively managed fund by State Street that tracks the performance of the MSCI Europe Information Technology 20/35 Capped. It was launched on Dec 5, 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 SPYK.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: SPYK.DE or QQQ.
Correlation
The correlation between SPYK.DE and QQQ is 0.50, 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
SPYK.DE vs. QQQ - Performance Comparison
Key characteristics
SPYK.DE:
0.19
QQQ:
1.38
SPYK.DE:
0.43
QQQ:
1.88
SPYK.DE:
1.05
QQQ:
1.25
SPYK.DE:
0.25
QQQ:
1.86
SPYK.DE:
0.47
QQQ:
6.43
SPYK.DE:
9.99%
QQQ:
3.92%
SPYK.DE:
24.36%
QQQ:
18.27%
SPYK.DE:
-38.45%
QQQ:
-82.98%
SPYK.DE:
-3.77%
QQQ:
0.00%
Returns By Period
In the year-to-date period, SPYK.DE achieves a 9.29% return, which is significantly higher than QQQ's 5.50% return. Over the past 10 years, SPYK.DE has underperformed QQQ with an annualized return of 11.51%, while QQQ has yielded a comparatively higher 18.39% annualized return.
SPYK.DE
9.29%
1.79%
6.79%
6.20%
10.36%
11.51%
QQQ
5.50%
3.38%
12.65%
26.01%
18.94%
18.39%
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SPYK.DE vs. QQQ - Expense Ratio Comparison
SPYK.DE has a 0.18% 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
SPYK.DE vs. QQQ — Risk-Adjusted Performance Rank
SPYK.DE
QQQ
SPYK.DE vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI Europe Technology UCITS ETF (SPYK.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
SPYK.DE vs. QQQ - Dividend Comparison
SPYK.DE has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.53%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPYK.DE SPDR MSCI Europe Technology 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 | 0.53% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
SPYK.DE vs. QQQ - Drawdown Comparison
The maximum SPYK.DE drawdown since its inception was -38.45%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for SPYK.DE and QQQ. For additional features, visit the drawdowns tool.
Volatility
SPYK.DE vs. QQQ - Volatility Comparison
SPDR MSCI Europe Technology UCITS ETF (SPYK.DE) has a higher volatility of 6.64% compared to Invesco QQQ (QQQ) at 4.69%. This indicates that SPYK.DE'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.