ADSE vs. QQQM
Compare and contrast key facts about ADS-TEC Energy PLC (ADSE) and Invesco NASDAQ 100 ETF (QQQM).
QQQM is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Oct 13, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ADSE or QQQM.
Correlation
The correlation between ADSE and QQQM is 0.10, 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
ADSE vs. QQQM - Performance Comparison
Key characteristics
ADSE:
1.45
QQQM:
1.45
ADSE:
2.05
QQQM:
1.96
ADSE:
1.30
QQQM:
1.26
ADSE:
2.80
QQQM:
1.95
ADSE:
12.18
QQQM:
6.75
ADSE:
5.13%
QQQM:
3.92%
ADSE:
42.73%
QQQM:
18.21%
ADSE:
-79.84%
QQQM:
-35.05%
ADSE:
-8.96%
QQQM:
0.00%
Returns By Period
In the year-to-date period, ADSE achieves a -5.03% return, which is significantly lower than QQQM's 5.28% return.
ADSE
-5.03%
-5.64%
13.48%
58.73%
N/A
N/A
QQQM
5.28%
3.16%
13.67%
25.82%
N/A
N/A
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Risk-Adjusted Performance
ADSE vs. QQQM — Risk-Adjusted Performance Rank
ADSE
QQQM
ADSE vs. QQQM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ADS-TEC Energy PLC (ADSE) and Invesco NASDAQ 100 ETF (QQQM). 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.
Dividends
ADSE vs. QQQM - Dividend Comparison
ADSE has not paid dividends to shareholders, while QQQM's dividend yield for the trailing twelve months is around 0.58%.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | |
---|---|---|---|---|---|---|
ADSE ADS-TEC Energy PLC | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQM Invesco NASDAQ 100 ETF | 0.58% | 0.61% | 0.65% | 0.83% | 0.40% | 0.16% |
Drawdowns
ADSE vs. QQQM - Drawdown Comparison
The maximum ADSE drawdown since its inception was -79.84%, which is greater than QQQM's maximum drawdown of -35.05%. Use the drawdown chart below to compare losses from any high point for ADSE and QQQM. For additional features, visit the drawdowns tool.
Volatility
ADSE vs. QQQM - Volatility Comparison
ADS-TEC Energy PLC (ADSE) has a higher volatility of 10.66% compared to Invesco NASDAQ 100 ETF (QQQM) at 4.97%. This indicates that ADSE's price experiences larger fluctuations and is considered to be riskier than QQQM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.