BYDDF vs. QQQ
Compare and contrast key facts about BYD Company Limited (BYDDF) 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: BYDDF or QQQ.
Correlation
The correlation between BYDDF and QQQ is 0.27, 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
BYDDF vs. QQQ - Performance Comparison
Loading data...
Key characteristics
BYDDF:
1.98
QQQ:
0.67
BYDDF:
2.55
QQQ:
1.14
BYDDF:
1.32
QQQ:
1.16
BYDDF:
2.42
QQQ:
0.79
BYDDF:
8.06
QQQ:
2.59
BYDDF:
11.29%
QQQ:
6.98%
BYDDF:
45.92%
QQQ:
25.51%
BYDDF:
-86.72%
QQQ:
-82.98%
BYDDF:
-1.82%
QQQ:
-3.72%
Returns By Period
In the year-to-date period, BYDDF achieves a 56.94% return, which is significantly higher than QQQ's 1.61% return. Over the past 10 years, BYDDF has outperformed QQQ with an annualized return of 24.60%, while QQQ has yielded a comparatively lower 17.78% annualized return.
BYDDF
56.94%
8.24%
53.28%
89.96%
57.91%
24.60%
QQQ
1.61%
13.38%
1.57%
17.02%
19.19%
17.78%
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
BYDDF vs. QQQ — Risk-Adjusted Performance Rank
BYDDF
QQQ
BYDDF vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BYD Company Limited (BYDDF) 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
BYDDF vs. QQQ - Dividend Comparison
BYDDF's dividend yield for the trailing twelve months is around 1.09%, more than QQQ's 0.58% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BYDDF BYD Company Limited | 1.09% | 1.71% | 0.77% | 0.09% | 0.09% | 0.04% | 0.20% | 0.12% | 0.10% | 0.34% | 0.00% | 0.21% |
QQQ Invesco QQQ | 0.58% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
BYDDF vs. QQQ - Drawdown Comparison
The maximum BYDDF drawdown since its inception was -86.72%, roughly equal to the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for BYDDF and QQQ. For additional features, visit the drawdowns tool.
Loading data...
Volatility
BYDDF vs. QQQ - Volatility Comparison
BYD Company Limited (BYDDF) has a higher volatility of 14.64% compared to Invesco QQQ (QQQ) at 7.54%. This indicates that BYDDF'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.
Loading data...