ARWR vs. QQQ
Compare and contrast key facts about Arrowhead Pharmaceuticals, Inc. (ARWR) 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: ARWR or QQQ.
Correlation
The correlation between ARWR and QQQ is 0.24, 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
ARWR vs. QQQ - Performance Comparison
Key characteristics
ARWR:
-0.69
QQQ:
1.58
ARWR:
-0.87
QQQ:
2.13
ARWR:
0.90
QQQ:
1.28
ARWR:
-0.44
QQQ:
2.13
ARWR:
-1.26
QQQ:
7.44
ARWR:
33.90%
QQQ:
3.88%
ARWR:
61.86%
QQQ:
18.24%
ARWR:
-99.83%
QQQ:
-82.98%
ARWR:
-97.33%
QQQ:
-2.90%
Returns By Period
In the year-to-date period, ARWR achieves a 4.04% return, which is significantly higher than QQQ's 2.06% return. Over the past 10 years, ARWR has underperformed QQQ with an annualized return of 11.81%, while QQQ has yielded a comparatively higher 18.75% annualized return.
ARWR
4.04%
0.57%
-31.97%
-42.04%
-16.35%
11.81%
QQQ
2.06%
1.18%
10.12%
27.08%
19.30%
18.75%
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Risk-Adjusted Performance
ARWR vs. QQQ — Risk-Adjusted Performance Rank
ARWR
QQQ
ARWR vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Arrowhead Pharmaceuticals, Inc. (ARWR) 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
ARWR vs. QQQ - Dividend Comparison
ARWR has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.55%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ARWR Arrowhead Pharmaceuticals, 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 | 0.55% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
ARWR vs. QQQ - Drawdown Comparison
The maximum ARWR drawdown since its inception was -99.83%, which is greater than QQQ's maximum drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for ARWR and QQQ. For additional features, visit the drawdowns tool.
Volatility
ARWR vs. QQQ - Volatility Comparison
Arrowhead Pharmaceuticals, Inc. (ARWR) has a higher volatility of 15.57% compared to Invesco QQQ (QQQ) at 6.45%. This indicates that ARWR'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.