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BA vs. ONEQ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between BA and ONEQ is 0.57, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Performance

BA vs. ONEQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in The Boeing Company (BA) and Fidelity NASDAQ Composite Index Tracking Stock (ONEQ). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

BA:

0.28

ONEQ:

0.59

Sortino Ratio

BA:

0.63

ONEQ:

1.00

Omega Ratio

BA:

1.08

ONEQ:

1.14

Calmar Ratio

BA:

0.15

ONEQ:

0.64

Martin Ratio

BA:

0.75

ONEQ:

2.10

Ulcer Index

BA:

13.46%

ONEQ:

7.34%

Daily Std Dev

BA:

39.95%

ONEQ:

26.00%

Max Drawdown

BA:

-88.94%

ONEQ:

-55.09%

Current Drawdown

BA:

-53.86%

ONEQ:

-7.21%

Returns By Period

In the year-to-date period, BA achieves a 12.16% return, which is significantly higher than ONEQ's -3.09% return. Over the past 10 years, BA has underperformed ONEQ with an annualized return of 4.33%, while ONEQ has yielded a comparatively higher 15.17% annualized return.


BA

YTD

12.16%

1M

26.58%

6M

33.28%

1Y

11.22%

5Y*

10.36%

10Y*

4.33%

ONEQ

YTD

-3.09%

1M

11.58%

6M

-2.97%

1Y

15.17%

5Y*

17.36%

10Y*

15.17%

*Annualized

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Risk-Adjusted Performance

BA vs. ONEQ — Risk-Adjusted Performance Rank

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

BA
The Risk-Adjusted Performance Rank of BA is 5858
Overall Rank
The Sharpe Ratio Rank of BA is 6262
Sharpe Ratio Rank
The Sortino Ratio Rank of BA is 5555
Sortino Ratio Rank
The Omega Ratio Rank of BA is 5555
Omega Ratio Rank
The Calmar Ratio Rank of BA is 5757
Calmar Ratio Rank
The Martin Ratio Rank of BA is 6060
Martin Ratio Rank

ONEQ
The Risk-Adjusted Performance Rank of ONEQ is 6868
Overall Rank
The Sharpe Ratio Rank of ONEQ is 6565
Sharpe Ratio Rank
The Sortino Ratio Rank of ONEQ is 6868
Sortino Ratio Rank
The Omega Ratio Rank of ONEQ is 6969
Omega Ratio Rank
The Calmar Ratio Rank of ONEQ is 7373
Calmar Ratio Rank
The Martin Ratio Rank of ONEQ is 6565
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.

BA vs. ONEQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for The Boeing Company (BA) and Fidelity NASDAQ Composite Index Tracking Stock (ONEQ). 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 BA Sharpe Ratio is 0.28, which is lower than the ONEQ Sharpe Ratio of 0.59. The chart below compares the historical Sharpe Ratios of BA and ONEQ, 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

BA vs. ONEQ - Dividend Comparison

BA has not paid dividends to shareholders, while ONEQ's dividend yield for the trailing twelve months is around 0.65%.


TTM20242023202220212020201920182017201620152014
BA
The Boeing Company
0.00%0.00%0.00%0.00%0.00%0.96%2.52%2.12%1.93%2.80%2.52%2.25%
ONEQ
Fidelity NASDAQ Composite Index Tracking Stock
0.65%0.65%0.71%0.97%0.54%0.71%1.64%1.08%0.84%1.12%1.04%1.19%

Drawdowns

BA vs. ONEQ - Drawdown Comparison

The maximum BA drawdown since its inception was -88.94%, which is greater than ONEQ's maximum drawdown of -55.09%. Use the drawdown chart below to compare losses from any high point for BA and ONEQ. For additional features, visit the drawdowns tool.


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Volatility

BA vs. ONEQ - Volatility Comparison

The Boeing Company (BA) and Fidelity NASDAQ Composite Index Tracking Stock (ONEQ) have volatilities of 8.25% and 7.93%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


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