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

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.


-0.50.00.51.00.2

Performance

ARWR vs. QQQ - Performance Comparison

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

0.00%200.00%400.00%600.00%800.00%1,000.00%1,200.00%JulyAugustSeptemberOctoberNovemberDecember
-76.98%
1,092.67%
ARWR
QQQ

Key characteristics

Sharpe Ratio

ARWR:

-0.47

QQQ:

1.64

Sortino Ratio

ARWR:

-0.38

QQQ:

2.19

Omega Ratio

ARWR:

0.96

QQQ:

1.30

Calmar Ratio

ARWR:

-0.31

QQQ:

2.16

Martin Ratio

ARWR:

-0.81

QQQ:

7.79

Ulcer Index

ARWR:

36.97%

QQQ:

3.76%

Daily Std Dev

ARWR:

63.44%

QQQ:

17.85%

Max Drawdown

ARWR:

-99.83%

QQQ:

-82.98%

Current Drawdown

ARWR:

-97.34%

QQQ:

-3.63%

Returns By Period

In the year-to-date period, ARWR achieves a -36.44% return, which is significantly lower than QQQ's 27.20% return. Over the past 10 years, ARWR has underperformed QQQ with an annualized return of 12.00%, while QQQ has yielded a comparatively higher 18.36% annualized return.


ARWR

YTD

-36.44%

1M

3.96%

6M

-23.73%

1Y

-32.37%

5Y*

-21.10%

10Y*

12.00%

QQQ

YTD

27.20%

1M

3.08%

6M

8.34%

1Y

27.81%

5Y*

20.44%

10Y*

18.36%

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Risk-Adjusted Performance

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.


Sharpe ratio
The chart of Sharpe ratio for ARWR, currently valued at -0.47, compared to the broader market-4.00-2.000.002.00-0.471.64
The chart of Sortino ratio for ARWR, currently valued at -0.38, compared to the broader market-4.00-2.000.002.004.00-0.382.19
The chart of Omega ratio for ARWR, currently valued at 0.96, compared to the broader market0.501.001.502.000.961.30
The chart of Calmar ratio for ARWR, currently valued at -0.34, compared to the broader market0.002.004.006.00-0.342.16
The chart of Martin ratio for ARWR, currently valued at -0.81, compared to the broader market-5.000.005.0010.0015.0020.0025.00-0.817.79
ARWR
QQQ

The current ARWR Sharpe Ratio is -0.47, which is lower than the QQQ Sharpe Ratio of 1.64. The chart below compares the historical Sharpe Ratios of ARWR 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-1.000.001.002.003.00JulyAugustSeptemberOctoberNovemberDecember
-0.47
1.64
ARWR
QQQ

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 0.43%.


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

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.


-80.00%-60.00%-40.00%-20.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-88.03%
-3.63%
ARWR
QQQ

Volatility

ARWR vs. QQQ - Volatility Comparison

Arrowhead Pharmaceuticals, Inc. (ARWR) has a higher volatility of 31.59% compared to Invesco QQQ (QQQ) at 5.29%. 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.


0.00%5.00%10.00%15.00%20.00%25.00%30.00%35.00%JulyAugustSeptemberOctoberNovemberDecember
31.59%
5.29%
ARWR
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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