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

Key characteristics


BABAQQQ
YTD Return-6.64%8.57%
1Y Return-26.61%42.93%
3Y Return (Ann)-31.90%12.75%
5Y Return (Ann)-16.69%20.69%
Sharpe Ratio-0.702.83
Daily Std Dev36.29%16.06%
Max Drawdown-80.09%-82.98%
Current Drawdown-76.88%-0.53%

Correlation

0.51
-1.001.00

The correlation between BABA and QQQ is 0.51, 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

BABA vs. QQQ - Performance Comparison

In the year-to-date period, BABA achieves a -6.64% return, which is significantly lower than QQQ's 8.57% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%100.00%200.00%300.00%400.00%OctoberNovemberDecember2024FebruaryMarch
-21.90%
380.11%
BABA
QQQ

Compare stocks, funds, or ETFs


Alibaba Group Holding Limited

Invesco QQQ

Risk-Adjusted Performance

BABA vs. QQQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Alibaba Group Holding Limited (BABA) 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 ratioSortino ratioOmega ratioCalmar ratioUlcer Index
BABA
Alibaba Group Holding Limited
-0.70
QQQ
Invesco QQQ
2.83

BABA vs. QQQ - Sharpe Ratio Comparison

The current BABA Sharpe Ratio is -0.70, which is lower than the QQQ Sharpe Ratio of 2.83. The chart below compares the 12-month rolling Sharpe Ratio of BABA and QQQ.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00OctoberNovemberDecember2024FebruaryMarch
-0.70
2.83
BABA
QQQ

Dividends

BABA vs. QQQ - Dividend Comparison

BABA's dividend yield for the trailing twelve months is around 1.38%, more than QQQ's 0.59% yield.


TTM20232022202120202019201820172016201520142013
BABA
Alibaba Group Holding Limited
1.38%1.29%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%0.62%0.80%0.43%0.55%0.74%0.91%0.84%1.06%0.99%1.41%1.01%

Drawdowns

BABA vs. QQQ - Drawdown Comparison

The maximum BABA drawdown since its inception was -80.09%, roughly equal to the maximum QQQ drawdown of -82.98%. The drawdown chart below compares losses from any high point along the way for BABA and QQQ


-80.00%-60.00%-40.00%-20.00%0.00%OctoberNovemberDecember2024FebruaryMarch
-76.88%
-0.53%
BABA
QQQ

Volatility

BABA vs. QQQ - Volatility Comparison

Alibaba Group Holding Limited (BABA) has a higher volatility of 7.50% compared to Invesco QQQ (QQQ) at 4.37%. This indicates that BABA'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.


2.00%4.00%6.00%8.00%10.00%12.00%14.00%OctoberNovemberDecember2024FebruaryMarch
7.50%
4.37%
BABA
QQQ