TECH vs. CQQQ

In the year-to-date period, TECH achieves a -31.68% return, which is significantly lower than CQQQ's 8.58% return. Over the past 10 years, TECH has outperformed CQQQ with an annualized return of 7.50%, while CQQQ has yielded a comparatively lower 0.05% annualized return.

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This table presents a comparison of risk-adjusted performance metrics for Bio-Techne Corporation (TECH) and Invesco China Technology ETF (CQQQ). 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.

The current TECH Sharpe Ratio is -1.02, which is lower than the CQQQ Sharpe Ratio of 0.39. The chart below compares the historical Sharpe Ratios of TECH and CQQQ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

TECH's dividend yield for the trailing twelve months is around 0.49%, more than CQQQ's 0.26% yield.

The maximum TECH drawdown since its inception was -74.39%, roughly equal to the maximum CQQQ drawdown of -73.99%. Use the drawdown chart below to compare losses from any high point for TECH and CQQQ. For additional features, visit the drawdowns tool.

Bio-Techne Corporation (TECH) has a higher volatility of 14.73% compared to Invesco China Technology ETF (CQQQ) at 8.32%. This indicates that TECH's price experiences larger fluctuations and is considered to be riskier than CQQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.