TAGRX vs. QQQ
Compare and contrast key facts about John Hancock Fundamental Large Cap Core Fund (TAGRX) and Invesco QQQ (QQQ).
TAGRX is managed by John Hancock. It was launched on Oct 1, 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: TAGRX or QQQ.
Correlation
The correlation between TAGRX and QQQ is 0.80, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
TAGRX vs. QQQ - Performance Comparison
Key characteristics
TAGRX:
0.44
QQQ:
1.40
TAGRX:
0.61
QQQ:
1.90
TAGRX:
1.11
QQQ:
1.25
TAGRX:
0.41
QQQ:
1.88
TAGRX:
1.33
QQQ:
6.51
TAGRX:
5.50%
QQQ:
3.92%
TAGRX:
16.57%
QQQ:
18.23%
TAGRX:
-64.33%
QQQ:
-82.98%
TAGRX:
-12.30%
QQQ:
-0.42%
Returns By Period
In the year-to-date period, TAGRX achieves a 2.35% return, which is significantly lower than QQQ's 5.09% return. Over the past 10 years, TAGRX has underperformed QQQ with an annualized return of 5.69%, while QQQ has yielded a comparatively higher 18.32% annualized return.
TAGRX
2.35%
-0.25%
-3.33%
7.37%
6.44%
5.69%
QQQ
5.09%
2.37%
13.48%
26.98%
19.29%
18.32%
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TAGRX vs. QQQ - Expense Ratio Comparison
TAGRX has a 1.01% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
TAGRX vs. QQQ — Risk-Adjusted Performance Rank
TAGRX
QQQ
TAGRX vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for John Hancock Fundamental Large Cap Core Fund (TAGRX) 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
TAGRX vs. QQQ - Dividend Comparison
TAGRX's dividend yield for the trailing twelve months is around 0.33%, less than QQQ's 0.53% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TAGRX John Hancock Fundamental Large Cap Core Fund | 0.33% | 0.34% | 0.28% | 0.24% | 0.00% | 0.30% | 0.53% | 0.35% | 0.53% | 0.43% | 0.28% | 0.32% |
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
TAGRX vs. QQQ - Drawdown Comparison
The maximum TAGRX drawdown since its inception was -64.33%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for TAGRX and QQQ. For additional features, visit the drawdowns tool.
Volatility
TAGRX vs. QQQ - Volatility Comparison
The current volatility for John Hancock Fundamental Large Cap Core Fund (TAGRX) is 2.84%, while Invesco QQQ (QQQ) has a volatility of 4.70%. This indicates that TAGRX 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.