XNAQ.L vs. QQQ
Compare and contrast key facts about Xtrackers Nasdaq 100 UCITS ETF 1C (XNAQ.L) and Invesco QQQ (QQQ).
XNAQ.L and QQQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XNAQ.L is a passively managed fund by Xtrackers that tracks the performance of the Russell 1000 Growth TR USD. It was launched on Jan 21, 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 XNAQ.L 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: XNAQ.L or QQQ.
Performance
XNAQ.L vs. QQQ - Performance Comparison
Returns By Period
The year-to-date returns for both stocks are quite close, with XNAQ.L having a 22.66% return and QQQ slightly lower at 21.78%.
XNAQ.L
22.66%
4.66%
11.15%
28.39%
N/A
N/A
QQQ
21.78%
1.15%
10.25%
29.54%
20.42%
17.95%
Key characteristics
| XNAQ.L | QQQ | |
|---|---|---|
| Sharpe Ratio | 1.76 | 1.70 |
| Sortino Ratio | 2.41 | 2.29 |
| Omega Ratio | 1.32 | 1.31 |
| Calmar Ratio | 2.30 | 2.19 |
| Martin Ratio | 6.99 | 7.96 |
| Ulcer Index | 4.02% | 3.72% |
| Daily Std Dev | 15.87% | 17.39% |
| Max Drawdown | -27.52% | -82.98% |
| Current Drawdown | -2.05% | -3.42% |
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XNAQ.L vs. QQQ - Expense Ratio Comparison
Both XNAQ.L and QQQ have an expense ratio of 0.20%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Correlation
The correlation between XNAQ.L and QQQ is 0.68, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Risk-Adjusted Performance
XNAQ.L vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers Nasdaq 100 UCITS ETF 1C (XNAQ.L) 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
XNAQ.L vs. QQQ - Dividend Comparison
XNAQ.L has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.61%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XNAQ.L Xtrackers Nasdaq 100 UCITS ETF 1C | 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 | 0.61% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.02% |
Drawdowns
XNAQ.L vs. QQQ - Drawdown Comparison
The maximum XNAQ.L drawdown since its inception was -27.52%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for XNAQ.L and QQQ. For additional features, visit the drawdowns tool.
Volatility
XNAQ.L vs. QQQ - Volatility Comparison
The current volatility for Xtrackers Nasdaq 100 UCITS ETF 1C (XNAQ.L) is 4.94%, while Invesco QQQ (QQQ) has a volatility of 5.62%. This indicates that XNAQ.L experiences smaller price fluctuations and is considered to be less risky than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.