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AKAM vs. QQQ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between AKAM and QQQ is 0.52, 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

AKAM vs. QQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Akamai Technologies, Inc. (AKAM) and Invesco QQQ (QQQ). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

AKAM:

-0.47

QQQ:

0.64

Sortino Ratio

AKAM:

-0.26

QQQ:

1.12

Omega Ratio

AKAM:

0.95

QQQ:

1.16

Calmar Ratio

AKAM:

-0.20

QQQ:

0.78

Martin Ratio

AKAM:

-1.13

QQQ:

2.53

Ulcer Index

AKAM:

14.30%

QQQ:

6.98%

Daily Std Dev

AKAM:

41.41%

QQQ:

25.46%

Max Drawdown

AKAM:

-99.80%

QQQ:

-82.98%

Current Drawdown

AKAM:

-76.18%

QQQ:

-3.19%

Returns By Period

In the year-to-date period, AKAM achieves a -18.42% return, which is significantly lower than QQQ's 2.16% return. Over the past 10 years, AKAM has underperformed QQQ with an annualized return of 0.05%, while QQQ has yielded a comparatively higher 17.75% annualized return.


AKAM

YTD

-18.42%

1M

6.22%

6M

-10.75%

1Y

-18.04%

5Y*

-4.33%

10Y*

0.05%

QQQ

YTD

2.16%

1M

17.43%

6M

5.35%

1Y

16.14%

5Y*

18.94%

10Y*

17.75%

*Annualized

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Risk-Adjusted Performance

AKAM vs. QQQ — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AKAM
The Risk-Adjusted Performance Rank of AKAM is 2727
Overall Rank
The Sharpe Ratio Rank of AKAM is 2424
Sharpe Ratio Rank
The Sortino Ratio Rank of AKAM is 2828
Sortino Ratio Rank
The Omega Ratio Rank of AKAM is 2626
Omega Ratio Rank
The Calmar Ratio Rank of AKAM is 3838
Calmar Ratio Rank
The Martin Ratio Rank of AKAM is 2020
Martin Ratio Rank

QQQ
The Risk-Adjusted Performance Rank of QQQ is 6565
Overall Rank
The Sharpe Ratio Rank of QQQ is 6161
Sharpe Ratio Rank
The Sortino Ratio Rank of QQQ is 6565
Sortino Ratio Rank
The Omega Ratio Rank of QQQ is 6666
Omega Ratio Rank
The Calmar Ratio Rank of QQQ is 7171
Calmar Ratio Rank
The Martin Ratio Rank of QQQ is 6363
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

AKAM vs. QQQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Akamai Technologies, Inc. (AKAM) 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.


The current AKAM Sharpe Ratio is -0.47, which is lower than the QQQ Sharpe Ratio of 0.64. The chart below compares the historical Sharpe Ratios of AKAM 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.


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Dividends

AKAM vs. QQQ - Dividend Comparison

AKAM has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.57%.


TTM20242023202220212020201920182017201620152014
AKAM
Akamai Technologies, Inc.
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
0.57%0.56%0.62%0.80%0.43%0.55%0.74%0.91%0.84%1.06%0.99%1.41%

Drawdowns

AKAM vs. QQQ - Drawdown Comparison

The maximum AKAM drawdown since its inception was -99.80%, which is greater than QQQ's maximum drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for AKAM and QQQ. For additional features, visit the drawdowns tool.


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Volatility

AKAM vs. QQQ - Volatility Comparison

Akamai Technologies, Inc. (AKAM) has a higher volatility of 14.52% compared to Invesco QQQ (QQQ) at 6.50%. This indicates that AKAM'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.


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