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

Correlation

The correlation between AN and QQQ is 0.39, 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.


-0.50.00.51.00.4

Performance

AN vs. QQQ - Performance Comparison

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

800.00%1,000.00%1,200.00%1,400.00%1,600.00%JulyAugustSeptemberOctoberNovemberDecember
1,448.82%
1,092.67%
AN
QQQ

Key characteristics

Sharpe Ratio

AN:

0.49

QQQ:

1.64

Sortino Ratio

AN:

0.90

QQQ:

2.19

Omega Ratio

AN:

1.11

QQQ:

1.30

Calmar Ratio

AN:

0.60

QQQ:

2.16

Martin Ratio

AN:

1.83

QQQ:

7.79

Ulcer Index

AN:

8.22%

QQQ:

3.76%

Daily Std Dev

AN:

30.87%

QQQ:

17.85%

Max Drawdown

AN:

-87.79%

QQQ:

-82.98%

Current Drawdown

AN:

-10.76%

QQQ:

-3.63%

Returns By Period

In the year-to-date period, AN achieves a 13.32% return, which is significantly lower than QQQ's 27.20% return. Over the past 10 years, AN has underperformed QQQ with an annualized return of 11.12%, while QQQ has yielded a comparatively higher 18.36% annualized return.


AN

YTD

13.32%

1M

3.24%

6M

6.06%

1Y

11.97%

5Y*

27.05%

10Y*

11.12%

QQQ

YTD

27.20%

1M

3.08%

6M

8.34%

1Y

27.81%

5Y*

20.44%

10Y*

18.36%

Compare stocks, funds, or ETFs

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Risk-Adjusted Performance

AN vs. QQQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for AutoNation, Inc. (AN) 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.


Sharpe ratio
The chart of Sharpe ratio for AN, currently valued at 0.49, compared to the broader market-4.00-2.000.002.000.491.64
The chart of Sortino ratio for AN, currently valued at 0.90, compared to the broader market-4.00-2.000.002.004.000.902.19
The chart of Omega ratio for AN, currently valued at 1.11, compared to the broader market0.501.001.502.001.111.30
The chart of Calmar ratio for AN, currently valued at 0.60, compared to the broader market0.002.004.006.000.602.16
The chart of Martin ratio for AN, currently valued at 1.83, compared to the broader market-5.000.005.0010.0015.0020.0025.001.837.79
AN
QQQ

The current AN Sharpe Ratio is 0.49, which is lower than the QQQ Sharpe Ratio of 1.64. The chart below compares the historical Sharpe Ratios of AN 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.


Rolling 12-month Sharpe Ratio-0.500.000.501.001.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
0.49
1.64
AN
QQQ

Dividends

AN vs. QQQ - Dividend Comparison

AN has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.43%.


TTM20232022202120202019201820172016201520142013
AN
AutoNation, 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
0.43%0.62%0.80%0.43%0.55%0.74%0.91%0.84%1.06%0.99%1.41%1.02%

Drawdowns

AN vs. QQQ - Drawdown Comparison

The maximum AN drawdown since its inception was -87.79%, which is greater than QQQ's maximum drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for AN and QQQ. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-10.76%
-3.63%
AN
QQQ

Volatility

AN vs. QQQ - Volatility Comparison

AutoNation, Inc. (AN) has a higher volatility of 6.91% compared to Invesco QQQ (QQQ) at 5.29%. This indicates that AN'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.


4.00%6.00%8.00%10.00%12.00%14.00%JulyAugustSeptemberOctoberNovemberDecember
6.91%
5.29%
AN
QQQ
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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