BBU-UN.TO vs. QQQ
Compare and contrast key facts about Brookfield Business Partners L.P (BBU-UN.TO) 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: BBU-UN.TO or QQQ.
Key characteristics
| BBU-UN.TO | QQQ | |
|---|---|---|
| YTD Return | -1.80% | 10.46% |
| 1Y Return | 2.75% | 34.84% |
| 3Y Return (Ann) | -8.72% | 12.65% |
| 5Y Return (Ann) | -3.34% | 20.64% |
| Sharpe Ratio | 0.05 | 2.30 |
| Daily Std Dev | 35.14% | 16.24% |
| Max Drawdown | -57.06% | -82.98% |
| Current Drawdown | -32.35% | -0.25% |
Correlation
The correlation between BBU-UN.TO and QQQ is 0.36, 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
BBU-UN.TO vs. QQQ - Performance Comparison
In the year-to-date period, BBU-UN.TO achieves a -1.80% return, which is significantly lower than QQQ's 10.46% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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
BBU-UN.TO vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Brookfield Business Partners L.P (BBU-UN.TO) 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
BBU-UN.TO vs. QQQ - Dividend Comparison
BBU-UN.TO's dividend yield for the trailing twelve months is around 0.93%, more than QQQ's 0.58% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BBU-UN.TO Brookfield Business Partners L.P | 0.93% | 0.91% | 0.99% | 0.43% | 0.52% | 0.47% | 0.60% | 0.58% | 0.41% | 0.00% | 0.00% | 0.00% |
QQQ Invesco QQQ | 0.58% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.01% |
Drawdowns
BBU-UN.TO vs. QQQ - Drawdown Comparison
The maximum BBU-UN.TO drawdown since its inception was -57.06%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for BBU-UN.TO and QQQ. For additional features, visit the drawdowns tool.
Volatility
BBU-UN.TO vs. QQQ - Volatility Comparison
Brookfield Business Partners L.P (BBU-UN.TO) has a higher volatility of 5.41% compared to Invesco QQQ (QQQ) at 4.84%. This indicates that BBU-UN.TO'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.