^AW05 vs. QQQ
Compare and contrast key facts about FTSE All World ex South Africa Index (^AW05) and Invesco QQQ (QQQ).
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: ^AW05 or QQQ.
Correlation
The correlation between ^AW05 and QQQ is 0.85, 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
^AW05 vs. QQQ - Performance Comparison
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Key characteristics
^AW05:
0.70
QQQ:
0.45
^AW05:
0.95
QQQ:
0.81
^AW05:
1.14
QQQ:
1.11
^AW05:
0.59
QQQ:
0.51
^AW05:
2.44
QQQ:
1.65
^AW05:
3.85%
QQQ:
6.96%
^AW05:
14.28%
QQQ:
25.14%
^AW05:
-59.47%
QQQ:
-82.98%
^AW05:
-2.56%
QQQ:
-9.42%
Returns By Period
In the year-to-date period, ^AW05 achieves a 2.70% return, which is significantly higher than QQQ's -4.41% return. Over the past 10 years, ^AW05 has underperformed QQQ with an annualized return of 6.74%, while QQQ has yielded a comparatively higher 17.08% annualized return.
^AW05
2.70%
9.05%
0.15%
10.35%
11.82%
6.74%
QQQ
-4.41%
7.39%
-4.80%
11.06%
17.86%
17.08%
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Risk-Adjusted Performance
^AW05 vs. QQQ — Risk-Adjusted Performance Rank
^AW05
QQQ
^AW05 vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for FTSE All World ex South Africa Index (^AW05) 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.
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Drawdowns
^AW05 vs. QQQ - Drawdown Comparison
The maximum ^AW05 drawdown since its inception was -59.47%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for ^AW05 and QQQ. For additional features, visit the drawdowns tool.
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Volatility
^AW05 vs. QQQ - Volatility Comparison
The current volatility for FTSE All World ex South Africa Index (^AW05) is 4.07%, while Invesco QQQ (QQQ) has a volatility of 8.24%. This indicates that ^AW05 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.
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