FTEC vs QQQ comparison¶

FTEC vs QQQ performance comment¶

Market Performance Metrics overview¶

Metric	FTEC	QQQ
High	152.31	429.85
Low	136.65	395.34
Close	150.73	425.83
Start Price	139.79	402.59
Gain %	7.83%	5.77%
Annualized Gain %	119.02%	87.79%
Annualized Volatility %	16.69%	13.96%
Max Drawdown %	-1.92%	-1.57%
Sharpe Ratio	7.68	6.83

The High, Low, and Close metrics provide an overview of the price range of each market over the 60-day period. Start Price indicates the initial price at the beginning of the period, while Gain % and Annualized Gain % show the returns on investment. The Annualized Volatility % represents the risk involved, with the Max Drawdown % indicating the maximum loss experienced from a peak, and the Sharpe Ratio demonstrating the risk-adjusted return.

FTEC Market Performance¶

The FTEC market experienced a high of $152.31 and a low of $136.65, with a closing price of $150.73. This resulted in a gain of 7.83% over the 60-day period.
The annualized gain for the market was a substantial 119.02%, indicating strong potential for long-term returns.
The annualized volatility was calculated at 16.69%, signifying the level of risk involved with investments in this market.
The maximum drawdown was relatively low at -1.92%, displaying minimal losses from its peak.
The Sharpe Ratio of 7.68 indicates a high level of risk-adjusted returns for the market.

QQQ Market Performance¶

The QQQ market reached a high of $429.85 and a low of $395.34, ultimately closing at $425.83. This represented a more conservative gain of 5.77% over the 60-day period.
The annualized gain for the market stood at 87.79%, demonstrating a notable potential for long-term returns.
The annualized volatility was lower compared to FTEC, at 13.96%, indicating a slightly lower level of risk involved with investments in this market.
The maximum drawdown was -1.57%, showcasing minimal losses from its peak, similar to the FTEC market.
The Sharpe Ratio of 6.83 depicts a favorable risk-adjusted return for the market.

Overall, both markets showed strong gains over the 60-day period, with FTEC leading in terms of percentage gains, annualized gain, and Sharpe Ratio, while QQQ displayed a lower annualized volatility percentage. Investors should consider these metrics in light of their investment strategies and risk appetite.

FTEC YTD Return (Daily)¶

Comment on YTD Total Returns Results of FTEC¶

Performance Analysis¶

The YTD Open for FTEC in 2024 was 141.56, reaching a high of YTD High 152.31 and a low of YTD Low 136.65, and closing at 150.73. This translates to a YTD Gain % of 7.83% and an Annualized Gain % of 119.02%, with an Annualized Volatility % of 16.69%. The Max Drawdown % for the year was -1.92%, indicative of a relatively low risk in comparison to returns. The Sharpe Ratio for the year was particularly high at 7.68, suggesting strong risk-adjusted returns.

Historical Performance¶

In the previous year, the FTEC had an Annualized Gain % of 54.74% and an Annualized Volatilty % of 18.75%. The Max Drawdown % during the year was -12.25%, while the Sharpe Ratio was 2.45. Historically, excluding the current year, the FTEC has shown an Annualized Volatility % of 22.75% and an Annualized Gain % of 20.84%, with a Max Drawdown of -34.95%. The average Sharpe Ratio for all years (excluding the most recent) was 0.92.

Current Market Conditions¶

The Last 5 days gain % stands at 4.51, indicating recent positive momentum in the market. The Moving Average (MA) values also provide insight, with the MA 200 at 127.74, MA 50 at 140.17, and MA 5 at 148.78. The Current last close at 150.73 was significantly above the MA 200, slightly above the MA 50, and above the MA 5, suggesting that the market has been trending upwards in the short and medium terms. Overall, the FTEC has shown a trend of strong gains with relatively low volatility, albeit with some drawdowns in previous years. The high Sharpe ratios indicate good risk-adjusted returns for investors. The current market conditions suggest a short-term bullish trend, as the last close is above all three moving averages. However, investors should consider the potential for increased volatility in the current annualized volatility, as the average annualized volatility a month ago was substantially lower. Note: Investors should conduct their own comprehensive research and consult with a qualified financial advisor before making any investment decisions.

FTEC Annual Dividends¶

Year	Annual Dividend	Dividend Yield
2023	$1.11	0.78%
2022	$0.88	0.89%
2021	$0.85	0.65%
2020	$0.86	0.83%
2019	$0.75	1.05%

FTEC Montly Dividends¶

Year	Mar	Jun	Sep	Dec
2023	$0.23	$0.22	$0.22	$0.43
2022	$0.21	$0.22	$0.22	$0.23
2021	$0.2	$0.2	$0.2	$0.26
2020	$0.28	$0.2	$0.19	$0.2
2019	$0.18	$0.19	$0.19	$0.19
2018	$0.12	$0.14	$0.14	$0.19
2017	$0.1	$0.12	$0.12	$0.13
2016	$0.12	$0.12	$0.11	$0.12
2015	$0.1	$0.09	$0.13	$0.1
2014	$0.08	$0.07	$0.09	$0.11
2013	0.0	0.0	0.0	$0.05

Published: 2024-01-25

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