AMAL vs. QQQ
Compare and contrast key facts about Amalgamated Financial Corp. (AMAL) 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: AMAL or QQQ.
Correlation
The correlation between AMAL and QQQ is 0.23, 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
AMAL vs. QQQ - Performance Comparison
Key characteristics
AMAL:
0.75
QQQ:
0.15
AMAL:
1.29
QQQ:
0.38
AMAL:
1.16
QQQ:
1.05
AMAL:
0.82
QQQ:
0.16
AMAL:
2.33
QQQ:
0.58
AMAL:
11.17%
QQQ:
6.25%
AMAL:
34.78%
QQQ:
24.88%
AMAL:
-62.93%
QQQ:
-82.98%
AMAL:
-29.64%
QQQ:
-17.56%
Returns By Period
In the year-to-date period, AMAL achieves a -19.85% return, which is significantly lower than QQQ's -13.00% return.
AMAL
-19.85%
-9.05%
-23.27%
26.08%
26.02%
N/A
QQQ
-13.00%
-7.51%
-9.91%
5.53%
16.35%
16.13%
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Risk-Adjusted Performance
AMAL vs. QQQ — Risk-Adjusted Performance Rank
AMAL
QQQ
AMAL vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Amalgamated Financial Corp. (AMAL) 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
AMAL vs. QQQ - Dividend Comparison
AMAL's dividend yield for the trailing twelve months is around 1.87%, more than QQQ's 0.67% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMAL Amalgamated Financial Corp. | 1.87% | 1.37% | 1.48% | 1.56% | 1.91% | 2.33% | 1.34% | 0.31% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQ Invesco QQQ | 0.67% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
AMAL vs. QQQ - Drawdown Comparison
The maximum AMAL drawdown since its inception was -62.93%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for AMAL and QQQ. For additional features, visit the drawdowns tool.
Volatility
AMAL vs. QQQ - Volatility Comparison
The current volatility for Amalgamated Financial Corp. (AMAL) is 10.42%, while Invesco QQQ (QQQ) has a volatility of 16.19%. This indicates that AMAL 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.