^DWCF vs. QQQ
Compare and contrast key facts about Dow Jones U.S. Total Stock Market Index (^DWCF) 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: ^DWCF or QQQ.
Key characteristics
| ^DWCF | QQQ | |
|---|---|---|
| YTD Return | 24.72% | 25.63% |
| 1Y Return | 33.45% | 33.85% |
| 3Y Return (Ann) | 7.08% | 9.83% |
| 5Y Return (Ann) | 13.39% | 21.21% |
| 10Y Return (Ann) | 10.93% | 18.37% |
| Sharpe Ratio | 2.87 | 2.12 |
| Sortino Ratio | 3.84 | 2.79 |
| Omega Ratio | 1.54 | 1.38 |
| Calmar Ratio | 4.18 | 2.71 |
| Martin Ratio | 18.28 | 9.88 |
| Ulcer Index | 1.99% | 3.72% |
| Daily Std Dev | 12.68% | 17.31% |
| Max Drawdown | -35.14% | -82.98% |
| Current Drawdown | -0.46% | -0.37% |
Correlation
The correlation between ^DWCF and QQQ is 0.89, 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
^DWCF vs. QQQ - Performance Comparison
The year-to-date returns for both investments are quite close, with ^DWCF having a 24.72% return and QQQ slightly higher at 25.63%. Over the past 10 years, ^DWCF has underperformed QQQ with an annualized return of 10.93%, while QQQ has yielded a comparatively higher 18.37% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
^DWCF vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Dow Jones U.S. Total Stock Market Index (^DWCF) 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
^DWCF vs. QQQ - Drawdown Comparison
The maximum ^DWCF drawdown since its inception was -35.14%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for ^DWCF and QQQ. For additional features, visit the drawdowns tool.
Volatility
^DWCF vs. QQQ - Volatility Comparison
The current volatility for Dow Jones U.S. Total Stock Market Index (^DWCF) is 3.96%, while Invesco QQQ (QQQ) has a volatility of 4.91%. This indicates that ^DWCF 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.