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.
Correlation
The correlation between BOOT 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
BOOT vs. QQQ - Performance Comparison
Key characteristics
BOOT:
-0.14
QQQ:
0.21
BOOT:
0.17
QQQ:
0.47
BOOT:
1.02
QQQ:
1.06
BOOT:
-0.15
QQQ:
0.23
BOOT:
-0.41
QQQ:
0.85
BOOT:
17.59%
QQQ:
6.06%
BOOT:
52.77%
QQQ:
24.75%
BOOT:
-83.73%
QQQ:
-82.98%
BOOT:
-47.23%
QQQ:
-14.99%
Returns By Period
In the year-to-date period, BOOT achieves a -39.34% return, which is significantly lower than QQQ's -10.28% return. Over the past 10 years, BOOT has underperformed QQQ with an annualized return of 14.39%, while QQQ has yielded a comparatively higher 16.71% annualized return.
BOOT
-39.34%
-9.55%
-43.54%
-6.17%
46.41%
14.39%
QQQ
-10.28%
-4.38%
-6.40%
6.90%
17.31%
16.71%
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Risk-Adjusted Performance
BOOT vs. QQQ — Risk-Adjusted Performance Rank
BOOT
QQQ
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 0.65%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 | 0.65% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
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 26.11% compared to Invesco QQQ (QQQ) at 16.10%. 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.