BOOT vs. QQQ
Compare and contrast key facts about Boot Barn Holdings, Inc. (BOOT) 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: BOOT or QQQ.
Key characteristics
| BOOT | QQQ | |
|---|---|---|
| YTD Return | 76.54% | 9.88% |
| 1Y Return | 53.54% | 21.43% |
| 3Y Return (Ann) | 16.98% | 6.20% |
| 5Y Return (Ann) | 33.49% | 19.38% |
| Sharpe Ratio | 1.28 | 1.16 |
| Daily Std Dev | 42.46% | 17.67% |
| Max Drawdown | -83.73% | -82.98% |
| Current Drawdown | -4.83% | -10.79% |
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.
Performance
BOOT vs. QQQ - Performance Comparison
In the year-to-date period, BOOT achieves a 76.54% return, which is significantly higher than QQQ's 9.88% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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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.
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 0.64%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 | 0.64% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.01% |
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.
Volatility
BOOT vs. QQQ - Volatility Comparison
Boot Barn Holdings, Inc. (BOOT) has a higher volatility of 15.63% compared to Invesco QQQ (QQQ) at 7.07%. 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.