UIC2.DE vs. QQQ
Compare and contrast key facts about UBS ETF (LU) Solactive China Technology UCITS ETF (USD) A-acc (UIC2.DE) and Invesco QQQ (QQQ).
UIC2.DE and QQQ 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. QQQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 10, 1999. Both UIC2.DE and QQQ 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 QQQ.
Correlation
The correlation between UIC2.DE and QQQ is 0.32, 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
UIC2.DE vs. QQQ - Performance Comparison
Key characteristics
UIC2.DE:
1.72
QQQ:
1.40
UIC2.DE:
2.48
QQQ:
1.90
UIC2.DE:
1.30
QQQ:
1.25
UIC2.DE:
0.83
QQQ:
1.88
UIC2.DE:
5.31
QQQ:
6.51
UIC2.DE:
9.69%
QQQ:
3.92%
UIC2.DE:
30.06%
QQQ:
18.23%
UIC2.DE:
-63.35%
QQQ:
-82.98%
UIC2.DE:
-41.61%
QQQ:
-0.42%
Returns By Period
In the year-to-date period, UIC2.DE achieves a 13.64% return, which is significantly higher than QQQ's 5.09% return.
UIC2.DE
13.64%
14.52%
50.12%
46.40%
N/A
N/A
QQQ
5.09%
2.37%
13.48%
26.98%
19.29%
18.32%
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UIC2.DE vs. QQQ - Expense Ratio Comparison
UIC2.DE has a 0.47% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
UIC2.DE vs. QQQ — Risk-Adjusted Performance Rank
UIC2.DE
QQQ
UIC2.DE vs. QQQ - 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 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
UIC2.DE vs. QQQ - Dividend Comparison
UIC2.DE 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
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
UIC2.DE vs. QQQ - Drawdown Comparison
The maximum UIC2.DE drawdown since its inception was -63.35%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for UIC2.DE and QQQ. For additional features, visit the drawdowns tool.
Volatility
UIC2.DE vs. QQQ - Volatility Comparison
UBS ETF (LU) Solactive China Technology UCITS ETF (USD) A-acc (UIC2.DE) has a higher volatility of 6.74% compared to Invesco QQQ (QQQ) at 4.70%. This indicates that UIC2.DE'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.