AIRC vs. QQQ
Compare and contrast key facts about Apartment Income REIT Corp. (AIRC) 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: AIRC or QQQ.
Correlation
The correlation between AIRC and QQQ is 0.44, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
AIRC vs. QQQ - Performance Comparison
Key characteristics
Returns By Period
AIRC
N/A
N/A
N/A
N/A
N/A
N/A
QQQ
-7.43%
-2.44%
-4.30%
12.01%
17.97%
16.64%
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
AIRC vs. QQQ — Risk-Adjusted Performance Rank
AIRC
QQQ
AIRC vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Apartment Income REIT Corp. (AIRC) 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
AIRC vs. QQQ - Dividend Comparison
AIRC has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.63%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AIRC Apartment Income REIT Corp. | 0.00% | 1.15% | 5.18% | 5.25% | 3.18% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQ Invesco QQQ | 0.63% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
AIRC vs. QQQ - Drawdown Comparison
Volatility
AIRC vs. QQQ - Volatility Comparison
The current volatility for Apartment Income REIT Corp. (AIRC) is 0.00%, while Invesco QQQ (QQQ) has a volatility of 16.86%. This indicates that AIRC experiences smaller price fluctuations and is considered to be less risky than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.