ANDE vs. QQQ
Compare and contrast key facts about The Andersons, Inc. (ANDE) 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: ANDE or QQQ.
Correlation
The correlation between ANDE and QQQ is 0.36, 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
ANDE vs. QQQ - Performance Comparison
Key characteristics
ANDE:
-0.82
QQQ:
0.47
ANDE:
-1.47
QQQ:
0.81
ANDE:
0.83
QQQ:
1.11
ANDE:
-0.81
QQQ:
0.51
ANDE:
-1.98
QQQ:
1.67
ANDE:
19.20%
QQQ:
6.93%
ANDE:
40.18%
QQQ:
25.14%
ANDE:
-81.75%
QQQ:
-82.98%
ANDE:
-42.06%
QQQ:
-9.36%
Returns By Period
In the year-to-date period, ANDE achieves a -14.28% return, which is significantly lower than QQQ's -4.34% return. Over the past 10 years, ANDE has underperformed QQQ with an annualized return of 0.03%, while QQQ has yielded a comparatively higher 17.21% annualized return.
ANDE
-14.28%
-5.73%
-27.92%
-31.97%
21.35%
0.03%
QQQ
-4.34%
17.36%
-4.62%
11.64%
17.57%
17.21%
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Risk-Adjusted Performance
ANDE vs. QQQ — Risk-Adjusted Performance Rank
ANDE
QQQ
ANDE vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for The Andersons, Inc. (ANDE) 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
ANDE vs. QQQ - Dividend Comparison
ANDE's dividend yield for the trailing twelve months is around 2.24%, more than QQQ's 0.61% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ANDE The Andersons, Inc. | 2.24% | 1.41% | 1.29% | 2.07% | 1.82% | 2.86% | 2.71% | 2.22% | 2.07% | 1.40% | 1.82% | 0.88% |
QQQ Invesco QQQ | 0.61% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
ANDE vs. QQQ - Drawdown Comparison
The maximum ANDE drawdown since its inception was -81.75%, roughly equal to the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for ANDE and QQQ. For additional features, visit the drawdowns tool.
Volatility
ANDE vs. QQQ - Volatility Comparison
The Andersons, Inc. (ANDE) has a higher volatility of 17.70% compared to Invesco QQQ (QQQ) at 13.83%. This indicates that ANDE'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.