ASME.DE vs. QQQ
Compare and contrast key facts about ASML Holding NV (ASME.DE) 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: ASME.DE or QQQ.
Key characteristics
| ASME.DE | QQQ | |
|---|---|---|
| YTD Return | -7.68% | 19.54% |
| 1Y Return | 5.82% | 33.47% |
| 3Y Return (Ann) | -3.77% | 7.72% |
| 5Y Return (Ann) | 21.39% | 20.33% |
| 10Y Return (Ann) | 24.19% | 17.97% |
| Sharpe Ratio | 0.14 | 2.17 |
| Sortino Ratio | 0.44 | 2.84 |
| Omega Ratio | 1.07 | 1.39 |
| Calmar Ratio | 0.15 | 2.77 |
| Martin Ratio | 0.38 | 10.10 |
| Ulcer Index | 14.91% | 3.71% |
| Daily Std Dev | 39.05% | 17.30% |
| Max Drawdown | -88.84% | -82.98% |
| Current Drawdown | -37.24% | -2.95% |
Correlation
The correlation between ASME.DE and QQQ is 0.30, 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
ASME.DE vs. QQQ - Performance Comparison
In the year-to-date period, ASME.DE achieves a -7.68% return, which is significantly lower than QQQ's 19.54% return. Over the past 10 years, ASME.DE has outperformed QQQ with an annualized return of 24.19%, while QQQ has yielded a comparatively lower 17.97% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
ASME.DE vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ASML Holding NV (ASME.DE) 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
ASME.DE vs. QQQ - Dividend Comparison
ASME.DE's dividend yield for the trailing twelve months is around 0.99%, more than QQQ's 0.62% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ASME.DE ASML Holding NV | 0.99% | 0.87% | 1.27% | 0.47% | 0.64% | 1.19% | 1.02% | 0.82% | 0.99% | 0.84% | 0.68% | 0.77% |
QQQ Invesco QQQ | 0.62% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.01% |
Drawdowns
ASME.DE vs. QQQ - Drawdown Comparison
The maximum ASME.DE drawdown since its inception was -88.84%, which is greater than QQQ's maximum drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for ASME.DE and QQQ. For additional features, visit the drawdowns tool.
Volatility
ASME.DE vs. QQQ - Volatility Comparison
ASML Holding NV (ASME.DE) has a higher volatility of 19.22% compared to Invesco QQQ (QQQ) at 4.62%. This indicates that ASME.DE'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.