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

Correlation

The correlation between BOOT and QQQ is 0.35, 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.


-0.50.00.51.00.3

Performance

BOOT vs. QQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Boot Barn Holdings, Inc. (BOOT) and Invesco QQQ (QQQ). The values are adjusted to include any dividend payments, if applicable.

400.00%500.00%600.00%700.00%800.00%900.00%JulyAugustSeptemberOctoberNovemberDecember
746.70%
462.29%
BOOT
QQQ

Key characteristics

Sharpe Ratio

BOOT:

2.10

QQQ:

1.64

Sortino Ratio

BOOT:

2.56

QQQ:

2.19

Omega Ratio

BOOT:

1.38

QQQ:

1.30

Calmar Ratio

BOOT:

2.06

QQQ:

2.16

Martin Ratio

BOOT:

11.82

QQQ:

7.79

Ulcer Index

BOOT:

8.09%

QQQ:

3.76%

Daily Std Dev

BOOT:

45.54%

QQQ:

17.85%

Max Drawdown

BOOT:

-83.73%

QQQ:

-82.98%

Current Drawdown

BOOT:

-11.95%

QQQ:

-3.63%

Returns By Period

In the year-to-date period, BOOT achieves a 92.48% return, which is significantly higher than QQQ's 27.20% return. Over the past 10 years, BOOT has outperformed QQQ with an annualized return of 22.62%, while QQQ has yielded a comparatively lower 18.36% annualized return.


BOOT

YTD

92.48%

1M

11.38%

6M

14.46%

1Y

91.06%

5Y*

27.77%

10Y*

22.62%

QQQ

YTD

27.20%

1M

3.08%

6M

8.34%

1Y

27.81%

5Y*

20.44%

10Y*

18.36%

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Risk-Adjusted Performance

BOOT vs. QQQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Boot Barn Holdings, Inc. (BOOT) 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 ratio
The chart of Sharpe ratio for BOOT, currently valued at 2.10, compared to the broader market-4.00-2.000.002.002.101.64
The chart of Sortino ratio for BOOT, currently valued at 2.56, compared to the broader market-4.00-2.000.002.004.002.562.19
The chart of Omega ratio for BOOT, currently valued at 1.38, compared to the broader market0.501.001.502.001.381.30
The chart of Calmar ratio for BOOT, currently valued at 2.06, compared to the broader market0.002.004.006.002.062.16
The chart of Martin ratio for BOOT, currently valued at 11.82, compared to the broader market-5.000.005.0010.0015.0020.0025.0011.827.79
BOOT
QQQ

The current BOOT Sharpe Ratio is 2.10, which is comparable to the QQQ Sharpe Ratio of 1.64. The chart below compares the historical Sharpe Ratios of BOOT and QQQ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.501.001.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
2.10
1.64
BOOT
QQQ

Dividends

BOOT vs. QQQ - Dividend Comparison

BOOT has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.43%.


TTM20232022202120202019201820172016201520142013
BOOT
Boot Barn Holdings, Inc.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
QQQ
Invesco QQQ
0.43%0.62%0.80%0.43%0.55%0.74%0.91%0.84%1.06%0.99%1.41%1.02%

Drawdowns

BOOT vs. QQQ - Drawdown Comparison

The maximum BOOT drawdown since its inception was -83.73%, roughly equal to the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for BOOT and QQQ. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-11.95%
-3.63%
BOOT
QQQ

Volatility

BOOT vs. QQQ - Volatility Comparison

Boot Barn Holdings, Inc. (BOOT) has a higher volatility of 13.10% compared to Invesco QQQ (QQQ) at 5.29%. This indicates that BOOT'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.


5.00%10.00%15.00%20.00%25.00%JulyAugustSeptemberOctoberNovemberDecember
13.10%
5.29%
BOOT
QQQ
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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