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TECH vs. CQQQ
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

TECH vs. CQQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bio-Techne Corporation (TECH) and Invesco China Technology ETF (CQQQ). The values are adjusted to include any dividend payments, if applicable.

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TECH vs. CQQQ - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
TECH
Bio-Techne Corporation
-8.94%-17.89%-6.13%-6.49%-35.69%63.40%45.40%52.67%12.60%27.40%
CQQQ
Invesco China Technology ETF
-11.77%34.96%9.84%-16.71%-30.09%-24.54%57.33%33.57%-34.77%74.31%

Returns By Period

In the year-to-date period, TECH achieves a -8.94% return, which is significantly higher than CQQQ's -11.77% return. Over the past 10 years, TECH has outperformed CQQQ with an annualized return of 9.09%, while CQQQ has yielded a comparatively lower 3.73% annualized return.


TECH

1D
2.33%
1M
-7.51%
YTD
-8.94%
6M
-10.51%
1Y
-6.20%
3Y*
-9.86%
5Y*
-10.85%
10Y*
9.09%

CQQQ

1D
-0.30%
1M
-10.16%
YTD
-11.77%
6M
-21.47%
1Y
5.59%
3Y*
0.49%
5Y*
-10.79%
10Y*
3.73%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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Return for Risk

TECH vs. CQQQ — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TECH
TECH Risk / Return Rank: 3232
Overall Rank
TECH Sharpe Ratio Rank: 3434
Sharpe Ratio Rank
TECH Sortino Ratio Rank: 3131
Sortino Ratio Rank
TECH Omega Ratio Rank: 3131
Omega Ratio Rank
TECH Calmar Ratio Rank: 3232
Calmar Ratio Rank
TECH Martin Ratio Rank: 3030
Martin Ratio Rank

CQQQ
CQQQ Risk / Return Rank: 1717
Overall Rank
CQQQ Sharpe Ratio Rank: 1616
Sharpe Ratio Rank
CQQQ Sortino Ratio Rank: 1818
Sortino Ratio Rank
CQQQ Omega Ratio Rank: 1717
Omega Ratio Rank
CQQQ Calmar Ratio Rank: 1717
Calmar Ratio Rank
CQQQ Martin Ratio Rank: 1616
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

TECH vs. CQQQ - Risk-Adjusted Trends Comparison

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.


TECHCQQQDifference

Sharpe ratio

Return per unit of total volatility

-0.14

0.18

-0.32

Sortino ratio

Return per unit of downside risk

0.11

0.48

-0.37

Omega ratio

Gain probability vs. loss probability

1.01

1.06

-0.05

Calmar ratio

Return relative to maximum drawdown

-0.26

0.24

-0.50

Martin ratio

Return relative to average drawdown

-0.63

0.64

-1.28

TECH vs. CQQQ - Sharpe Ratio Comparison

The current TECH Sharpe Ratio is -0.14, which is lower than the CQQQ Sharpe Ratio of 0.18. 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.


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Sharpe Ratios by Period


TECHCQQQDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.14

0.18

-0.32

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.29

-0.29

-0.01

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.28

0.11

+0.16

Sharpe Ratio (All Time)

Calculated using the full available price history

0.34

0.16

+0.18

Correlation

The correlation between TECH and CQQQ is 0.36, 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.


Dividends

TECH vs. CQQQ - Dividend Comparison

TECH's dividend yield for the trailing twelve months is around 0.60%, less than CQQQ's 2.45% yield.


TTM20252024202320222021202020192018201720162015
TECH
Bio-Techne Corporation
0.60%0.54%0.56%0.41%0.39%0.25%0.40%0.58%0.88%0.99%1.24%1.42%
CQQQ
Invesco China Technology ETF
2.45%2.17%0.28%0.55%0.08%0.00%0.47%0.01%0.43%1.41%1.69%1.77%

Drawdowns

TECH vs. CQQQ - Drawdown Comparison

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.


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Drawdown Indicators


TECHCQQQDifference

Max Drawdown

Largest peak-to-trough decline

-74.39%

-73.99%

-0.40%

Max Drawdown (1Y)

Largest decline over 1 year

-31.52%

-24.41%

-7.11%

Max Drawdown (5Y)

Largest decline over 5 years

-64.78%

-67.04%

+2.26%

Max Drawdown (10Y)

Largest decline over 10 years

-64.78%

-73.99%

+9.21%

Current Drawdown

Current decline from peak

-59.46%

-56.24%

-3.22%

Average Drawdown

Average peak-to-trough decline

-23.92%

-28.05%

+4.13%

Ulcer Index

Depth and duration of drawdowns from previous peaks

13.01%

9.10%

+3.91%

Volatility

TECH vs. CQQQ - Volatility Comparison

Bio-Techne Corporation (TECH) has a higher volatility of 11.53% compared to Invesco China Technology ETF (CQQQ) at 9.50%. 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.


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Volatility by Period


TECHCQQQDifference

Volatility (1M)

Calculated over the trailing 1-month period

11.53%

9.50%

+2.03%

Volatility (6M)

Calculated over the trailing 6-month period

27.31%

20.69%

+6.62%

Volatility (1Y)

Calculated over the trailing 1-year period

44.33%

31.94%

+12.39%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

37.05%

37.70%

-0.65%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

32.95%

33.05%

-0.10%