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9961.HK vs. QQQ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between 9961.HK and QQQ is 0.08, 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.


-0.50.00.51.00.1

Performance

9961.HK vs. QQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Trip.com Group Ltd (9961.HK) and Invesco QQQ (QQQ). The values are adjusted to include any dividend payments, if applicable.

-20.00%0.00%20.00%40.00%60.00%JulyAugustSeptemberOctoberNovemberDecember
44.64%
8.34%
9961.HK
QQQ

Key characteristics

Sharpe Ratio

9961.HK:

2.56

QQQ:

1.64

Sortino Ratio

9961.HK:

3.33

QQQ:

2.19

Omega Ratio

9961.HK:

1.42

QQQ:

1.30

Calmar Ratio

9961.HK:

3.71

QQQ:

2.16

Martin Ratio

9961.HK:

9.88

QQQ:

7.79

Ulcer Index

9961.HK:

11.08%

QQQ:

3.76%

Daily Std Dev

9961.HK:

43.20%

QQQ:

17.85%

Max Drawdown

9961.HK:

-60.86%

QQQ:

-82.98%

Current Drawdown

9961.HK:

-5.29%

QQQ:

-3.63%

Returns By Period

In the year-to-date period, 9961.HK achieves a 99.93% return, which is significantly higher than QQQ's 27.20% return.


9961.HK

YTD

99.93%

1M

11.58%

6M

44.08%

1Y

107.87%

5Y*

N/A

10Y*

N/A

QQQ

YTD

27.20%

1M

3.08%

6M

8.34%

1Y

27.81%

5Y*

20.44%

10Y*

18.36%

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

9961.HK vs. QQQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Trip.com Group Ltd (9961.HK) 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.


Sharpe ratio
The chart of Sharpe ratio for 9961.HK, currently valued at 2.33, compared to the broader market-4.00-2.000.002.002.331.66
The chart of Sortino ratio for 9961.HK, currently valued at 3.13, compared to the broader market-4.00-2.000.002.004.003.132.22
The chart of Omega ratio for 9961.HK, currently valued at 1.40, compared to the broader market0.501.001.502.001.401.30
The chart of Calmar ratio for 9961.HK, currently valued at 3.37, compared to the broader market0.002.004.006.003.372.17
The chart of Martin ratio for 9961.HK, currently valued at 8.81, compared to the broader market-5.000.005.0010.0015.0020.0025.008.817.83
9961.HK
QQQ

The current 9961.HK Sharpe Ratio is 2.56, which is higher than the QQQ Sharpe Ratio of 1.64. The chart below compares the historical Sharpe Ratios of 9961.HK and QQQ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-0.500.000.501.001.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
2.33
1.66
9961.HK
QQQ

Dividends

9961.HK vs. QQQ - Dividend Comparison

9961.HK has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.43%.


TTM20232022202120202019201820172016201520142013
9961.HK
Trip.com Group Ltd
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
QQQ
Invesco QQQ
0.43%0.62%0.80%0.43%0.55%0.74%0.91%0.84%1.06%0.99%1.41%1.02%

Drawdowns

9961.HK vs. QQQ - Drawdown Comparison

The maximum 9961.HK drawdown since its inception was -60.86%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for 9961.HK and QQQ. For additional features, visit the drawdowns tool.


-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-5.29%
-3.63%
9961.HK
QQQ

Volatility

9961.HK vs. QQQ - Volatility Comparison

Trip.com Group Ltd (9961.HK) has a higher volatility of 11.94% compared to Invesco QQQ (QQQ) at 5.29%. This indicates that 9961.HK'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.


5.00%10.00%15.00%20.00%25.00%JulyAugustSeptemberOctoberNovemberDecember
11.94%
5.29%
9961.HK
QQQ
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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