^XCI vs. QQQ
Compare and contrast key facts about ARCA Computer Technology Index (^XCI) 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: ^XCI or QQQ.
Correlation
The correlation between ^XCI and QQQ is 0.84, 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
^XCI vs. QQQ - Performance Comparison
Key characteristics
^XCI:
0.42
QQQ:
0.46
^XCI:
0.80
QQQ:
0.82
^XCI:
1.11
QQQ:
1.11
^XCI:
0.48
QQQ:
0.51
^XCI:
1.50
QQQ:
1.69
^XCI:
8.61%
QQQ:
6.91%
^XCI:
30.43%
QQQ:
25.12%
^XCI:
-77.19%
QQQ:
-82.98%
^XCI:
-13.22%
QQQ:
-10.29%
Returns By Period
In the year-to-date period, ^XCI achieves a -9.99% return, which is significantly lower than QQQ's -5.32% return. Over the past 10 years, ^XCI has outperformed QQQ with an annualized return of 20.91%, while QQQ has yielded a comparatively lower 17.05% annualized return.
^XCI
-9.99%
15.88%
-8.41%
11.55%
22.80%
20.91%
QQQ
-5.32%
14.07%
-4.11%
10.43%
17.35%
17.05%
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
^XCI vs. QQQ — Risk-Adjusted Performance Rank
^XCI
QQQ
^XCI vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ARCA Computer Technology Index (^XCI) 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
^XCI vs. QQQ - Drawdown Comparison
The maximum ^XCI drawdown since its inception was -77.19%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for ^XCI and QQQ. For additional features, visit the drawdowns tool.
Volatility
^XCI vs. QQQ - Volatility Comparison
ARCA Computer Technology Index (^XCI) has a higher volatility of 16.65% compared to Invesco QQQ (QQQ) at 14.06%. This indicates that ^XCI's price experiences larger fluctuations and is considered to be riskier than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.