^FCHI vs. QQQ
Compare and contrast key facts about CAC 40 (^FCHI) 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: ^FCHI or QQQ.
Performance
^FCHI vs. QQQ - Performance Comparison
Returns By Period
In the year-to-date period, ^FCHI achieves a -4.16% return, which is significantly lower than QQQ's 22.63% return. Over the past 10 years, ^FCHI has underperformed QQQ with an annualized return of 5.14%, while QQQ has yielded a comparatively higher 18.02% annualized return.
^FCHI
-4.16%
-5.04%
-11.20%
-0.24%
4.15%
5.14%
QQQ
22.63%
1.12%
10.25%
30.41%
20.71%
18.02%
Key characteristics
| ^FCHI | QQQ | |
|---|---|---|
| Sharpe Ratio | -0.05 | 1.75 |
| Sortino Ratio | 0.01 | 2.34 |
| Omega Ratio | 1.00 | 1.32 |
| Calmar Ratio | -0.05 | 2.25 |
| Martin Ratio | -0.11 | 8.17 |
| Ulcer Index | 6.27% | 3.73% |
| Daily Std Dev | 12.60% | 17.44% |
| Max Drawdown | -65.29% | -82.98% |
| Current Drawdown | -12.26% | -2.75% |
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Correlation
The correlation between ^FCHI and QQQ is 0.39, 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.
Risk-Adjusted Performance
^FCHI vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for CAC 40 (^FCHI) 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
^FCHI vs. QQQ - Drawdown Comparison
The maximum ^FCHI drawdown since its inception was -65.29%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for ^FCHI and QQQ. For additional features, visit the drawdowns tool.
Volatility
^FCHI vs. QQQ - Volatility Comparison
The current volatility for CAC 40 (^FCHI) is 5.27%, while Invesco QQQ (QQQ) has a volatility of 5.62%. This indicates that ^FCHI 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.