TBCIX vs. QQQ
Compare and contrast key facts about T. Rowe Price Blue Chip Growth Fund I Class (TBCIX) and Invesco QQQ (QQQ).
TBCIX is managed by T. Rowe Price. 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: TBCIX or QQQ.
Key characteristics
| TBCIX | QQQ | |
|---|---|---|
| YTD Return | 36.04% | 26.02% |
| 1Y Return | 39.80% | 36.73% |
| 3Y Return (Ann) | 0.15% | 9.97% |
| 5Y Return (Ann) | 11.66% | 21.44% |
| Sharpe Ratio | 2.44 | 2.28 |
| Sortino Ratio | 3.19 | 2.98 |
| Omega Ratio | 1.44 | 1.41 |
| Calmar Ratio | 1.47 | 2.94 |
| Martin Ratio | 12.90 | 10.71 |
| Ulcer Index | 3.30% | 3.72% |
| Daily Std Dev | 17.38% | 17.35% |
| Max Drawdown | -50.64% | -82.98% |
| Current Drawdown | -0.70% | -0.06% |
Correlation
The correlation between TBCIX and QQQ is 0.96, 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
TBCIX vs. QQQ - Performance Comparison
In the year-to-date period, TBCIX achieves a 36.04% return, which is significantly higher than QQQ's 26.02% 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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TBCIX vs. QQQ - Expense Ratio Comparison
TBCIX has a 0.56% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
TBCIX vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Blue Chip Growth Fund I Class (TBCIX) 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
TBCIX vs. QQQ - Dividend Comparison
TBCIX has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.59%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TBCIX T. Rowe Price Blue Chip Growth Fund I Class | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.32% | 0.06% | 2.64% | 0.21% | 0.00% | 0.00% | 0.00% |
QQQ Invesco QQQ | 0.59% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.02% |
Drawdowns
TBCIX vs. QQQ - Drawdown Comparison
The maximum TBCIX drawdown since its inception was -50.64%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for TBCIX and QQQ. For additional features, visit the drawdowns tool.
Volatility
TBCIX vs. QQQ - Volatility Comparison
T. Rowe Price Blue Chip Growth Fund I Class (TBCIX) and Invesco QQQ (QQQ) have volatilities of 4.93% and 5.18%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.