TWCGX vs. QQQ
Compare and contrast key facts about American Century Growth Fund (TWCGX) and Invesco QQQ (QQQ).
TWCGX is managed by American Century Investments. It was launched on Jun 30, 1971. 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: TWCGX or QQQ.
Correlation
The correlation between TWCGX and QQQ is 0.92, 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
TWCGX vs. QQQ - Performance Comparison
Key characteristics
TWCGX:
1.25
QQQ:
1.64
TWCGX:
1.67
QQQ:
2.19
TWCGX:
1.24
QQQ:
1.30
TWCGX:
1.05
QQQ:
2.16
TWCGX:
5.72
QQQ:
7.79
TWCGX:
3.96%
QQQ:
3.76%
TWCGX:
18.13%
QQQ:
17.85%
TWCGX:
-58.57%
QQQ:
-82.98%
TWCGX:
-8.10%
QQQ:
-3.63%
Returns By Period
In the year-to-date period, TWCGX achieves a 21.04% return, which is significantly lower than QQQ's 27.20% return. Over the past 10 years, TWCGX has underperformed QQQ with an annualized return of 7.53%, while QQQ has yielded a comparatively higher 18.36% annualized return.
TWCGX
21.04%
-2.26%
1.73%
21.24%
10.14%
7.53%
QQQ
27.20%
3.08%
8.34%
27.81%
20.44%
18.36%
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TWCGX vs. QQQ - Expense Ratio Comparison
TWCGX has a 0.94% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
TWCGX vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Century Growth Fund (TWCGX) 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
TWCGX vs. QQQ - Dividend Comparison
TWCGX has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.43%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TWCGX American Century Growth Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.11% | 0.26% | 0.58% | 0.17% | 0.62% | 0.36% | 0.34% | 0.37% |
QQQ Invesco QQQ | 0.43% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.02% |
Drawdowns
TWCGX vs. QQQ - Drawdown Comparison
The maximum TWCGX drawdown since its inception was -58.57%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for TWCGX and QQQ. For additional features, visit the drawdowns tool.
Volatility
TWCGX vs. QQQ - Volatility Comparison
American Century Growth Fund (TWCGX) has a higher volatility of 7.77% compared to Invesco QQQ (QQQ) at 5.29%. This indicates that TWCGX's price experiences larger fluctuations and is considered to be riskier than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.