^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.
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.
Performance
^FCHI vs. QQQ - Performance Comparison
Key characteristics
^FCHI:
0.20
QQQ:
1.30
^FCHI:
0.36
QQQ:
1.78
^FCHI:
1.04
QQQ:
1.24
^FCHI:
0.19
QQQ:
1.76
^FCHI:
0.34
QQQ:
6.08
^FCHI:
7.66%
QQQ:
3.92%
^FCHI:
13.13%
QQQ:
18.35%
^FCHI:
-65.29%
QQQ:
-82.98%
^FCHI:
-1.04%
QQQ:
-2.49%
Returns By Period
In the year-to-date period, ^FCHI achieves a 10.48% return, which is significantly higher than QQQ's 2.90% return. Over the past 10 years, ^FCHI has underperformed QQQ with an annualized return of 5.17%, while QQQ has yielded a comparatively higher 18.06% annualized return.
^FCHI
10.48%
4.05%
7.62%
3.07%
6.11%
5.17%
QQQ
2.90%
-1.02%
9.93%
20.80%
18.77%
18.06%
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
^FCHI vs. QQQ — Risk-Adjusted Performance Rank
^FCHI
QQQ
^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 4.16%, while Invesco QQQ (QQQ) has a volatility of 5.01%. 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.