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AMAL vs. QQQM
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between AMAL and QQQM is 0.34, 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. QQQM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Amalgamated Financial Corp. (AMAL) and Invesco NASDAQ 100 ETF (QQQM). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

AMAL:

0.58

QQQM:

0.65

Sortino Ratio

AMAL:

1.13

QQQM:

1.05

Omega Ratio

AMAL:

1.14

QQQM:

1.15

Calmar Ratio

AMAL:

0.68

QQQM:

0.71

Martin Ratio

AMAL:

1.68

QQQM:

2.30

Ulcer Index

AMAL:

12.99%

QQQM:

6.97%

Daily Std Dev

AMAL:

35.28%

QQQM:

25.20%

Max Drawdown

AMAL:

-62.93%

QQQM:

-35.05%

Current Drawdown

AMAL:

-19.34%

QQQM:

-3.07%

Returns By Period

In the year-to-date period, AMAL achieves a -8.11% return, which is significantly lower than QQQM's 2.30% return.


AMAL

YTD

-8.11%

1M

14.65%

6M

-12.67%

1Y

20.21%

3Y*

18.78%

5Y*

26.40%

10Y*

N/A

QQQM

YTD

2.30%

1M

17.54%

6M

4.76%

1Y

16.33%

3Y*

22.74%

5Y*

N/A

10Y*

N/A

*Annualized

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Amalgamated Financial Corp.

Invesco NASDAQ 100 ETF

Risk-Adjusted Performance

AMAL vs. QQQM — Risk-Adjusted Performance Rank

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

AMAL
The Risk-Adjusted Performance Rank of AMAL is 7171
Overall Rank
The Sharpe Ratio Rank of AMAL is 7373
Sharpe Ratio Rank
The Sortino Ratio Rank of AMAL is 6868
Sortino Ratio Rank
The Omega Ratio Rank of AMAL is 6666
Omega Ratio Rank
The Calmar Ratio Rank of AMAL is 7777
Calmar Ratio Rank
The Martin Ratio Rank of AMAL is 7070
Martin Ratio Rank

QQQM
The Risk-Adjusted Performance Rank of QQQM is 6262
Overall Rank
The Sharpe Ratio Rank of QQQM is 6363
Sharpe Ratio Rank
The Sortino Ratio Rank of QQQM is 6161
Sortino Ratio Rank
The Omega Ratio Rank of QQQM is 6262
Omega Ratio Rank
The Calmar Ratio Rank of QQQM is 6767
Calmar Ratio Rank
The Martin Ratio Rank of QQQM is 5959
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.

AMAL vs. QQQM - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Amalgamated Financial Corp. (AMAL) 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.


The current AMAL Sharpe Ratio is 0.58, which is comparable to the QQQM Sharpe Ratio of 0.65. The chart below compares the historical Sharpe Ratios of AMAL and QQQM, 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

AMAL vs. QQQM - Dividend Comparison

AMAL's dividend yield for the trailing twelve months is around 1.71%, more than QQQM's 0.58% yield.


TTM2024202320222021202020192018
AMAL
Amalgamated Financial Corp.
1.71%1.37%1.48%1.56%1.91%2.33%1.34%0.31%
QQQM
Invesco NASDAQ 100 ETF
0.58%0.61%0.65%0.83%0.40%0.16%0.00%0.00%

Drawdowns

AMAL vs. QQQM - Drawdown Comparison

The maximum AMAL drawdown since its inception was -62.93%, which is greater than QQQM's maximum drawdown of -35.05%. Use the drawdown chart below to compare losses from any high point for AMAL and QQQM. For additional features, visit the drawdowns tool.


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Volatility

AMAL vs. QQQM - Volatility Comparison

Amalgamated Financial Corp. (AMAL) has a higher volatility of 8.80% compared to Invesco NASDAQ 100 ETF (QQQM) at 6.42%. This indicates that AMAL'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.


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