TWHIX vs. QQQ
Compare and contrast key facts about American Century Heritage Fund (TWHIX) and Invesco QQQ (QQQ).
TWHIX is managed by American Century Investments. It was launched on Nov 10, 1987. 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: TWHIX or QQQ.
Correlation
The correlation between TWHIX and QQQ is 0.82, 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
TWHIX vs. QQQ - Performance Comparison
Key characteristics
TWHIX:
0.43
QQQ:
1.37
TWHIX:
0.64
QQQ:
1.86
TWHIX:
1.11
QQQ:
1.25
TWHIX:
0.35
QQQ:
1.84
TWHIX:
1.32
QQQ:
6.35
TWHIX:
7.17%
QQQ:
3.92%
TWHIX:
22.00%
QQQ:
18.24%
TWHIX:
-58.72%
QQQ:
-82.98%
TWHIX:
-16.72%
QQQ:
0.00%
Returns By Period
In the year-to-date period, TWHIX achieves a 8.28% return, which is significantly higher than QQQ's 5.53% return. Over the past 10 years, TWHIX has underperformed QQQ with an annualized return of 0.20%, while QQQ has yielded a comparatively higher 18.38% annualized return.
TWHIX
8.28%
3.29%
4.08%
10.90%
3.15%
0.20%
QQQ
5.53%
3.41%
12.16%
27.01%
19.41%
18.38%
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TWHIX vs. QQQ - Expense Ratio Comparison
TWHIX has a 1.00% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
TWHIX vs. QQQ — Risk-Adjusted Performance Rank
TWHIX
QQQ
TWHIX vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Century Heritage Fund (TWHIX) 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
TWHIX vs. QQQ - Dividend Comparison
TWHIX has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.53%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TWHIX American Century Heritage Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQ Invesco QQQ | 0.53% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
TWHIX vs. QQQ - Drawdown Comparison
The maximum TWHIX drawdown since its inception was -58.72%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for TWHIX and QQQ. For additional features, visit the drawdowns tool.
Volatility
TWHIX vs. QQQ - Volatility Comparison
American Century Heritage Fund (TWHIX) has a higher volatility of 5.20% compared to Invesco QQQ (QQQ) at 4.69%. This indicates that TWHIX'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.