^BSESN vs. QQQ
Compare and contrast key facts about S&P BSE SENSEX (^BSESN) 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: ^BSESN or QQQ.
Correlation
The correlation between ^BSESN and QQQ is 0.18, 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
^BSESN vs. QQQ - Performance Comparison
Loading data...
Key characteristics
^BSESN:
0.65
QQQ:
0.60
^BSESN:
1.14
QQQ:
1.03
^BSESN:
1.16
QQQ:
1.14
^BSESN:
0.77
QQQ:
0.69
^BSESN:
1.59
QQQ:
2.26
^BSESN:
7.26%
QQQ:
6.99%
^BSESN:
15.43%
QQQ:
25.46%
^BSESN:
-60.91%
QQQ:
-82.98%
^BSESN:
-5.42%
QQQ:
-3.42%
Returns By Period
In the year-to-date period, ^BSESN achieves a 3.90% return, which is significantly higher than QQQ's 1.92% return. Over the past 10 years, ^BSESN has underperformed QQQ with an annualized return of 11.25%, while QQQ has yielded a comparatively higher 17.68% annualized return.
^BSESN
3.90%
3.35%
4.65%
9.83%
14.33%
21.29%
11.25%
QQQ
1.92%
17.15%
3.66%
15.07%
22.52%
18.59%
17.68%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
^BSESN vs. QQQ — Risk-Adjusted Performance Rank
^BSESN
QQQ
^BSESN vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for S&P BSE SENSEX (^BSESN) 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.
Loading data...
Drawdowns
^BSESN vs. QQQ - Drawdown Comparison
The maximum ^BSESN drawdown since its inception was -60.91%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for ^BSESN and QQQ. For additional features, visit the drawdowns tool.
Loading data...
Volatility
^BSESN vs. QQQ - Volatility Comparison
The current volatility for S&P BSE SENSEX (^BSESN) is 5.09%, while Invesco QQQ (QQQ) has a volatility of 5.64%. This indicates that ^BSESN 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.
Loading data...