AMAL vs. QQQM
AMAL (Amalgamated Financial Corp.) is a stock, while QQQM (Invesco NASDAQ 100 ETF) is Nasdaq-100 fund tracking the NASDAQ-100 Index. Over the past 5 years, AMAL returned 26.10%/yr vs 17.04%/yr for QQQM. At a 0.25 correlation, their price movements are largely independent.
Performance
AMAL vs. QQQM - Performance Comparison
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Returns By Period
In the year-to-date period, AMAL achieves a 39.32% return, which is significantly higher than QQQM's 20.46% return.
AMAL
- 1D
- 0.67%
- 1M
- 7.17%
- YTD
- 39.32%
- 6M
- 35.93%
- 1Y
- 50.24%
- 3Y*
- 43.01%
- 5Y*
- 26.10%
- 10Y*
- —
QQQM
- 1D
- -0.09%
- 1M
- 2.98%
- YTD
- 20.46%
- 6M
- 19.51%
- 1Y
- 41.06%
- 3Y*
- 27.57%
- 5Y*
- 17.04%
- 10Y*
- —
AMAL vs. QQQM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
AMAL Amalgamated Financial Corp. | 39.32% | -2.50% | 26.32% | 19.44% | 39.78% | 24.43% | 11.92% |
QQQM Invesco NASDAQ 100 ETF | 20.46% | 20.85% | 25.68% | 55.01% | -32.52% | 27.45% | 6.64% |
Correlation
The correlation between AMAL and QQQM is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.33 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.32 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.28 |
Correlation (All Time) Calculated using the full available price history since Oct 13, 2020 | 0.25 |
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Return for Risk
AMAL vs. QQQM — Risk / Return Rank
AMAL
QQQM
AMAL vs. QQQM - Risk-Adjusted Trends 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AMAL | QQQM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.72 | ||
| Sortino ratioReturn per unit of downside risk | -0.80 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.41 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 2.07 | 3.45 | -1.38 |
| Martin ratioReturn relative to average drawdown | 4.86 | 12.82 | -7.96 |
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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 -35.04%. Use the drawdown chart below to compare losses from any high point for AMAL and QQQM.
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Drawdown Indicators
| AMAL | QQQM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.93% | -35.04% | -27.89% |
Max Drawdown (1Y)Largest decline over 1 year | -24.41% | -11.96% | -12.45% |
Max Drawdown (3Y)Largest decline over 3 years | -32.85% | -22.70% | -10.15% |
Max Drawdown (5Y)Largest decline over 5 years | -46.88% | -35.04% | -11.84% |
Current DrawdownCurrent decline from peak | -0.90% | -0.97% | +0.07% |
Average DrawdownAverage peak-to-trough decline | -19.86% | -8.20% | -11.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.37% | 3.21% | +7.16% |
Volatility
AMAL vs. QQQM - Volatility Comparison
Amalgamated Financial Corp. (AMAL) and Invesco NASDAQ 100 ETF (QQQM) have volatilities of 8.02% and 8.28%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AMAL | QQQM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.02% | 8.28% | -0.26% |
Volatility (6M)Calculated over the trailing 6-month period | 21.18% | 14.05% | +7.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.89% | 17.55% | +13.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.79% | 22.48% | +11.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.94% | 22.26% | +17.68% |
Dividends
AMAL vs. QQQM - Dividend Comparison
AMAL's dividend yield for the trailing twelve months is around 1.40%, more than QQQM's 0.53% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
AMAL Amalgamated Financial Corp. | 1.40% | 1.75% | 1.37% | 1.48% | 1.56% | 1.91% | 2.33% | 1.34% | 0.31% |
QQQM Invesco NASDAQ 100 ETF | 0.53% | 0.50% | 0.61% | 0.65% | 0.83% | 0.40% | 0.16% | 0.00% | 0.00% |
Frequently Asked Questions
AMAL and QQQM have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
QQQM has higher volatility (8.28%) compared to AMAL (8.02%). In terms of maximum drawdown, AMAL dropped -62.93% vs QQQM's -35.04%.
QQQM currently has the higher Sharpe Ratio (2.36 vs 1.64), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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