^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.
Correlation
The correlation between ^DWCF and QQQ is 0.90, 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
Key characteristics
^DWCF:
0.37
QQQ:
0.47
^DWCF:
0.66
QQQ:
0.82
^DWCF:
1.10
QQQ:
1.11
^DWCF:
0.38
QQQ:
0.52
^DWCF:
1.53
QQQ:
1.79
^DWCF:
4.81%
QQQ:
6.64%
^DWCF:
19.77%
QQQ:
25.28%
^DWCF:
-35.14%
QQQ:
-82.98%
^DWCF:
-11.24%
QQQ:
-12.28%
Returns By Period
The year-to-date returns for both stocks are quite close, with ^DWCF having a -7.25% return and QQQ slightly lower at -7.43%. Over the past 10 years, ^DWCF has underperformed QQQ with an annualized return of 9.41%, while QQQ has yielded a comparatively higher 16.64% annualized return.
^DWCF
-7.25%
-4.12%
-5.78%
7.87%
13.76%
9.41%
QQQ
-7.43%
-2.44%
-4.30%
12.01%
17.97%
16.64%
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Risk-Adjusted Performance
^DWCF vs. QQQ — Risk-Adjusted Performance Rank
^DWCF
QQQ
^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 14.35%, while Invesco QQQ (QQQ) has a volatility of 16.86%. 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.