^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 0.75, 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
Key characteristics
^AW05:
1.89
QQQ:
1.71
^AW05:
2.52
QQQ:
2.27
^AW05:
1.35
QQQ:
1.31
^AW05:
2.34
QQQ:
2.26
^AW05:
10.78
QQQ:
8.12
^AW05:
1.79%
QQQ:
3.77%
^AW05:
10.09%
QQQ:
17.88%
^AW05:
-59.47%
QQQ:
-82.98%
^AW05:
-2.00%
QQQ:
-1.37%
Returns By Period
In the year-to-date period, ^AW05 achieves a 17.43% return, which is significantly lower than QQQ's 30.18% return. Over the past 10 years, ^AW05 has underperformed QQQ with an annualized return of 7.14%, while QQQ has yielded a comparatively higher 18.54% annualized return.
^AW05
17.43%
0.30%
6.45%
18.41%
8.32%
7.14%
QQQ
30.18%
4.95%
10.88%
30.61%
20.73%
18.54%
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Risk-Adjusted Performance
^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.
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.
Volatility
^AW05 vs. QQQ - Volatility Comparison
The current volatility for FTSE All World ex South Africa Index (^AW05) is 2.91%, while Invesco QQQ (QQQ) has a volatility of 5.48%. 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.