^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.
Key characteristics
| ^XCI | QQQ | |
|---|---|---|
| YTD Return | 37.91% | 20.39% |
| 1Y Return | 52.46% | 34.24% |
| 3Y Return (Ann) | 20.56% | 10.75% |
| 5Y Return (Ann) | 29.34% | 21.56% |
| 10Y Return (Ann) | 23.30% | 19.10% |
| Sharpe Ratio | 2.34 | 1.93 |
| Sortino Ratio | 3.01 | 2.56 |
| Omega Ratio | 1.39 | 1.34 |
| Calmar Ratio | 3.10 | 2.44 |
| Martin Ratio | 10.49 | 8.91 |
| Ulcer Index | 4.88% | 3.79% |
| Daily Std Dev | 21.89% | 17.56% |
| Max Drawdown | -77.19% | -82.98% |
| Current Drawdown | -2.90% | -2.26% |
Correlation
The correlation between ^XCI and QQQ is 0.94, 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
In the year-to-date period, ^XCI achieves a 37.91% return, which is significantly higher than QQQ's 20.39% return. Over the past 10 years, ^XCI has outperformed QQQ with an annualized return of 23.30%, while QQQ has yielded a comparatively lower 19.10% 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
^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 5.23% compared to Invesco QQQ (QQQ) at 4.22%. 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.