UIC2.DE vs. CQQQ
Compare and contrast key facts about UBS ETF (LU) Solactive China Technology UCITS ETF (USD) A-acc (UIC2.DE) and Invesco China Technology ETF (CQQQ).
UIC2.DE and CQQQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. UIC2.DE is a passively managed fund by UBS that tracks the performance of the Solactive China Technology. It was launched on Mar 5, 2021. CQQQ is a passively managed fund by Invesco that tracks the performance of the AlphaShares China Technology Index. It was launched on Dec 8, 2009. Both UIC2.DE and CQQQ are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: UIC2.DE or CQQQ.
Correlation
The correlation between UIC2.DE and CQQQ is 0.83, 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
UIC2.DE vs. CQQQ - Performance Comparison
Key characteristics
UIC2.DE:
1.72
CQQQ:
1.42
UIC2.DE:
2.48
CQQQ:
2.18
UIC2.DE:
1.30
CQQQ:
1.27
UIC2.DE:
0.83
CQQQ:
0.77
UIC2.DE:
5.31
CQQQ:
4.10
UIC2.DE:
9.69%
CQQQ:
13.47%
UIC2.DE:
30.06%
CQQQ:
38.83%
UIC2.DE:
-63.35%
CQQQ:
-73.99%
UIC2.DE:
-41.61%
CQQQ:
-55.17%
Returns By Period
In the year-to-date period, UIC2.DE achieves a 13.64% return, which is significantly lower than CQQQ's 21.97% return.
UIC2.DE
13.64%
14.52%
50.12%
46.40%
N/A
N/A
CQQQ
21.97%
20.74%
50.36%
55.06%
-3.28%
3.62%
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UIC2.DE vs. CQQQ - Expense Ratio Comparison
UIC2.DE has a 0.47% expense ratio, which is lower than CQQQ's 0.70% expense ratio.
Risk-Adjusted Performance
UIC2.DE vs. CQQQ — Risk-Adjusted Performance Rank
UIC2.DE
CQQQ
UIC2.DE vs. CQQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for UBS ETF (LU) Solactive China Technology UCITS ETF (USD) A-acc (UIC2.DE) 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.
Dividends
UIC2.DE vs. CQQQ - Dividend Comparison
UIC2.DE has not paid dividends to shareholders, while CQQQ's dividend yield for the trailing twelve months is around 0.23%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
UIC2.DE UBS ETF (LU) Solactive China Technology UCITS ETF (USD) A-acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
CQQQ Invesco China Technology ETF | 0.23% | 0.28% | 0.55% | 0.08% | 0.00% | 0.47% | 0.01% | 0.43% | 1.42% | 1.69% | 1.77% | 1.00% |
Drawdowns
UIC2.DE vs. CQQQ - Drawdown Comparison
The maximum UIC2.DE drawdown since its inception was -63.35%, smaller than the maximum CQQQ drawdown of -73.99%. Use the drawdown chart below to compare losses from any high point for UIC2.DE and CQQQ. For additional features, visit the drawdowns tool.
Volatility
UIC2.DE vs. CQQQ - Volatility Comparison
The current volatility for UBS ETF (LU) Solactive China Technology UCITS ETF (USD) A-acc (UIC2.DE) is 6.74%, while Invesco China Technology ETF (CQQQ) has a volatility of 7.65%. This indicates that UIC2.DE experiences smaller price fluctuations and is considered to be less risky than CQQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.