AHG vs. QQQ
Compare and contrast key facts about Akso Health Group (AHG) 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: AHG or QQQ.
Correlation
The correlation between AHG and QQQ is 0.15, 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
AHG vs. QQQ - Performance Comparison
Key characteristics
AHG:
0.31
QQQ:
1.66
AHG:
2.02
QQQ:
2.22
AHG:
1.22
QQQ:
1.30
AHG:
0.55
QQQ:
2.19
AHG:
0.94
QQQ:
7.89
AHG:
57.63%
QQQ:
3.77%
AHG:
173.77%
QQQ:
17.88%
AHG:
-99.38%
QQQ:
-82.98%
AHG:
-96.94%
QQQ:
-1.43%
Returns By Period
In the year-to-date period, AHG achieves a 66.22% return, which is significantly higher than QQQ's 30.09% return.
AHG
66.22%
44.71%
60.57%
60.47%
-15.87%
N/A
QQQ
30.09%
4.15%
10.30%
29.46%
20.74%
18.53%
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Risk-Adjusted Performance
AHG vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Akso Health Group (AHG) 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.
Dividends
AHG vs. QQQ - Dividend Comparison
AHG has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.54%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AHG Akso Health Group | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 16.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQ Invesco QQQ | 0.54% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.02% |
Drawdowns
AHG vs. QQQ - Drawdown Comparison
The maximum AHG drawdown since its inception was -99.38%, which is greater than QQQ's maximum drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for AHG and QQQ. For additional features, visit the drawdowns tool.
Volatility
AHG vs. QQQ - Volatility Comparison
Akso Health Group (AHG) has a higher volatility of 72.91% compared to Invesco QQQ (QQQ) at 5.48%. This indicates that AHG'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.