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

Correlation

The correlation between AVO and QQQ is 0.34, 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

AVO vs. QQQ - Performance Comparison

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

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Key characteristics

Sharpe Ratio

AVO:

-0.32

QQQ:

0.62

Sortino Ratio

AVO:

-0.15

QQQ:

1.05

Omega Ratio

AVO:

0.98

QQQ:

1.15

Calmar Ratio

AVO:

-0.20

QQQ:

0.71

Martin Ratio

AVO:

-0.66

QQQ:

2.31

Ulcer Index

AVO:

17.72%

QQQ:

6.97%

Daily Std Dev

AVO:

42.69%

QQQ:

25.51%

Max Drawdown

AVO:

-62.71%

QQQ:

-82.98%

Current Drawdown

AVO:

-53.55%

QQQ:

-5.73%

Returns By Period

In the year-to-date period, AVO achieves a -26.65% return, which is significantly lower than QQQ's -0.51% return.


AVO

YTD

-26.65%

1M

5.82%

6M

-23.23%

1Y

-13.61%

5Y*

N/A

10Y*

N/A

QQQ

YTD

-0.51%

1M

11.76%

6M

-0.86%

1Y

15.58%

5Y*

19.11%

10Y*

17.55%

*Annualized

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Risk-Adjusted Performance

AVO vs. QQQ — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AVO
The Risk-Adjusted Performance Rank of AVO is 3333
Overall Rank
The Sharpe Ratio Rank of AVO is 3333
Sharpe Ratio Rank
The Sortino Ratio Rank of AVO is 3131
Sortino Ratio Rank
The Omega Ratio Rank of AVO is 3131
Omega Ratio Rank
The Calmar Ratio Rank of AVO is 3737
Calmar Ratio Rank
The Martin Ratio Rank of AVO is 3535
Martin Ratio Rank

QQQ
The Risk-Adjusted Performance Rank of QQQ is 6363
Overall Rank
The Sharpe Ratio Rank of QQQ is 5959
Sharpe Ratio Rank
The Sortino Ratio Rank of QQQ is 6262
Sortino Ratio Rank
The Omega Ratio Rank of QQQ is 6363
Omega Ratio Rank
The Calmar Ratio Rank of QQQ is 6868
Calmar Ratio Rank
The Martin Ratio Rank of QQQ is 6060
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

AVO vs. QQQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Mission Produce, Inc. (AVO) 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.


The current AVO Sharpe Ratio is -0.32, which is lower than the QQQ Sharpe Ratio of 0.62. The chart below compares the historical Sharpe Ratios of AVO 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.


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Dividends

AVO vs. QQQ - Dividend Comparison

AVO has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.59%.


TTM20242023202220212020201920182017201620152014
AVO
Mission Produce, 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
0.59%0.56%0.62%0.80%0.43%0.55%0.74%0.91%0.84%1.06%0.99%1.41%

Drawdowns

AVO vs. QQQ - Drawdown Comparison

The maximum AVO drawdown since its inception was -62.71%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for AVO and QQQ. For additional features, visit the drawdowns tool.


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Volatility

AVO vs. QQQ - Volatility Comparison

The current volatility for Mission Produce, Inc. (AVO) is 7.12%, while Invesco QQQ (QQQ) has a volatility of 7.59%. This indicates that AVO experiences smaller price fluctuations and is considered to be less risky than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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