TECK-B.TO vs. HXQ.TO
Compare and contrast key facts about Teck Resources Limited (TECK-B.TO) and Horizons NASDAQ-100 Index ETF (HXQ.TO).
HXQ.TO is a passively managed fund by Horizons that tracks the performance of the NASDAQ-100 Index. It was launched on Apr 19, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TECK-B.TO or HXQ.TO.
Key characteristics
| TECK-B.TO | HXQ.TO | |
|---|---|---|
| YTD Return | 12.72% | 32.28% |
| 1Y Return | 26.11% | 36.39% |
| 3Y Return (Ann) | 22.02% | 13.65% |
| 5Y Return (Ann) | 25.06% | 22.43% |
| Sharpe Ratio | 0.76 | 2.32 |
| Sortino Ratio | 1.27 | 3.11 |
| Omega Ratio | 1.15 | 1.41 |
| Calmar Ratio | 0.26 | 2.97 |
| Martin Ratio | 3.24 | 10.78 |
| Ulcer Index | 7.93% | 3.54% |
| Daily Std Dev | 33.94% | 16.48% |
| Max Drawdown | -99.95% | -31.60% |
| Current Drawdown | -98.88% | 0.00% |
Correlation
The correlation between TECK-B.TO and HXQ.TO is 0.34, 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.
Performance
TECK-B.TO vs. HXQ.TO - Performance Comparison
In the year-to-date period, TECK-B.TO achieves a 12.72% return, which is significantly lower than HXQ.TO's 32.28% 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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Risk-Adjusted Performance
TECK-B.TO vs. HXQ.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Teck Resources Limited (TECK-B.TO) and Horizons NASDAQ-100 Index ETF (HXQ.TO). 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
TECK-B.TO vs. HXQ.TO - Dividend Comparison
TECK-B.TO's dividend yield for the trailing twelve months is around 0.59%, while HXQ.TO has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TECK-B.TO Teck Resources Limited | 0.59% | 1.15% | 1.32% | 0.44% | 0.65% | 0.67% | 0.52% | 0.47% | 0.28% | 2.91% | 5.07% | 3.07% |
HXQ.TO Horizons NASDAQ-100 Index 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% |
Drawdowns
TECK-B.TO vs. HXQ.TO - Drawdown Comparison
The maximum TECK-B.TO drawdown since its inception was -99.95%, which is greater than HXQ.TO's maximum drawdown of -31.60%. Use the drawdown chart below to compare losses from any high point for TECK-B.TO and HXQ.TO. For additional features, visit the drawdowns tool.
Volatility
TECK-B.TO vs. HXQ.TO - Volatility Comparison
Teck Resources Limited (TECK-B.TO) has a higher volatility of 11.27% compared to Horizons NASDAQ-100 Index ETF (HXQ.TO) at 4.95%. This indicates that TECK-B.TO's price experiences larger fluctuations and is considered to be riskier than HXQ.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.