BB vs. QQQ
Compare and contrast key facts about BlackBerry Limited (BB) 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: BB or QQQ.
Correlation
The correlation between BB and QQQ is 0.50, 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
BB vs. QQQ - Performance Comparison
Key characteristics
BB:
0.32
QQQ:
1.58
BB:
0.95
QQQ:
2.13
BB:
1.12
QQQ:
1.28
BB:
0.20
QQQ:
2.13
BB:
0.71
QQQ:
7.44
BB:
27.34%
QQQ:
3.88%
BB:
61.53%
QQQ:
18.24%
BB:
-98.57%
QQQ:
-82.98%
BB:
-97.30%
QQQ:
-2.90%
Returns By Period
In the year-to-date period, BB achieves a 5.56% return, which is significantly higher than QQQ's 2.06% return. Over the past 10 years, BB has underperformed QQQ with an annualized return of -8.73%, while QQQ has yielded a comparatively higher 18.75% annualized return.
BB
5.56%
33.89%
64.88%
16.33%
-9.95%
-8.73%
QQQ
2.06%
1.18%
10.12%
27.08%
19.30%
18.75%
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Risk-Adjusted Performance
BB vs. QQQ — Risk-Adjusted Performance Rank
BB
QQQ
BB vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackBerry Limited (BB) 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
BB vs. QQQ - Dividend Comparison
BB has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.55%.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
BlackBerry Limited | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Invesco QQQ | 0.55% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
BB vs. QQQ - Drawdown Comparison
The maximum BB drawdown since its inception was -98.57%, which is greater than QQQ's maximum drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for BB and QQQ. For additional features, visit the drawdowns tool.
Volatility
BB vs. QQQ - Volatility Comparison
BlackBerry Limited (BB) has a higher volatility of 26.95% compared to Invesco QQQ (QQQ) at 6.45%. This indicates that BB'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.