^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.
Key characteristics
| ^FCHI | QQQ | |
|---|---|---|
| YTD Return | -2.27% | 19.19% |
| 1Y Return | 4.60% | 33.08% |
| 3Y Return (Ann) | 1.52% | 7.58% |
| 5Y Return (Ann) | 4.60% | 20.31% |
| 10Y Return (Ann) | 5.73% | 17.95% |
| Sharpe Ratio | 0.39 | 2.01 |
| Sortino Ratio | 0.62 | 2.66 |
| Omega Ratio | 1.07 | 1.36 |
| Calmar Ratio | 0.36 | 2.56 |
| Martin Ratio | 0.83 | 9.32 |
| Ulcer Index | 5.81% | 3.72% |
| Daily Std Dev | 12.35% | 17.23% |
| Max Drawdown | -65.29% | -82.98% |
| Current Drawdown | -10.54% | -3.23% |
Correlation
The correlation between ^FCHI and QQQ is 0.40, 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
^FCHI vs. QQQ - Performance Comparison
In the year-to-date period, ^FCHI achieves a -2.27% return, which is significantly lower than QQQ's 19.19% return. Over the past 10 years, ^FCHI has underperformed QQQ with an annualized return of 5.73%, while QQQ has yielded a comparatively higher 17.95% 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
^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 3.16%, while Invesco QQQ (QQQ) has a volatility of 4.47%. 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.