Correlation
The correlation between BBSI and QQQ is 0.31, 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.
BBSI vs. QQQ
Compare and contrast key facts about Barrett Business Services, Inc. (BBSI) 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: BBSI or QQQ.
Performance
BBSI vs. QQQ - Performance Comparison
Loading data...
Key characteristics
BBSI:
1.06
QQQ:
0.67
BBSI:
2.07
QQQ:
1.11
BBSI:
1.25
QQQ:
1.16
BBSI:
2.17
QQQ:
0.77
BBSI:
5.90
QQQ:
2.49
BBSI:
5.18%
QQQ:
7.02%
BBSI:
22.60%
QQQ:
25.58%
BBSI:
-87.66%
QQQ:
-82.98%
BBSI:
-5.67%
QQQ:
-2.12%
Returns By Period
In the year-to-date period, BBSI achieves a -3.65% return, which is significantly lower than QQQ's 3.30% return. Both investments have delivered pretty close results over the past 10 years, with BBSI having a 17.31% annualized return and QQQ not far ahead at 17.96%.
BBSI
-3.65%
-0.59%
-3.34%
23.59%
32.48%
27.43%
17.31%
QQQ
3.30%
7.87%
2.33%
17.08%
20.68%
18.28%
17.96%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
BBSI vs. QQQ — Risk-Adjusted Performance Rank
BBSI
QQQ
BBSI vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Barrett Business Services, Inc. (BBSI) 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.
Loading data...
Dividends
BBSI vs. QQQ - Dividend Comparison
BBSI's dividend yield for the trailing twelve months is around 0.77%, more than QQQ's 0.57% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BBSI Barrett Business Services, Inc. | 0.77% | 0.71% | 1.04% | 1.29% | 1.74% | 1.76% | 1.22% | 1.75% | 1.55% | 1.37% | 2.02% | 2.77% |
QQQ Invesco QQQ | 0.57% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
BBSI vs. QQQ - Drawdown Comparison
The maximum BBSI drawdown since its inception was -87.66%, which is greater than QQQ's maximum drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for BBSI and QQQ.
Loading data...
Volatility
BBSI vs. QQQ - Volatility Comparison
Barrett Business Services, Inc. (BBSI) and Invesco QQQ (QQQ) have volatilities of 5.39% and 5.46%, 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.
Loading data...