CAG vs. QQQ
Compare and contrast key facts about Conagra Brands, Inc. (CAG) 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: CAG or QQQ.
Correlation
The correlation between CAG and QQQ is 0.25, 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
CAG vs. QQQ - Performance Comparison
Key characteristics
CAG:
-0.22
QQQ:
1.30
CAG:
-0.15
QQQ:
1.78
CAG:
0.98
QQQ:
1.24
CAG:
-0.14
QQQ:
1.76
CAG:
-0.47
QQQ:
6.08
CAG:
10.55%
QQQ:
3.92%
CAG:
22.39%
QQQ:
18.35%
CAG:
-56.94%
QQQ:
-82.98%
CAG:
-30.29%
QQQ:
-2.49%
Returns By Period
In the year-to-date period, CAG achieves a -5.78% return, which is significantly lower than QQQ's 2.90% return. Over the past 10 years, CAG has underperformed QQQ with an annualized return of 2.75%, while QQQ has yielded a comparatively higher 18.10% annualized return.
CAG
-5.78%
3.18%
-13.62%
-4.33%
1.35%
2.75%
QQQ
2.90%
-1.23%
9.93%
21.16%
19.73%
18.10%
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
CAG vs. QQQ — Risk-Adjusted Performance Rank
CAG
QQQ
CAG vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Conagra Brands, Inc. (CAG) 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
CAG vs. QQQ - Dividend Comparison
CAG's dividend yield for the trailing twelve months is around 5.43%, more than QQQ's 0.54% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CAG Conagra Brands, Inc. | 5.43% | 5.05% | 4.75% | 3.32% | 3.44% | 2.52% | 2.49% | 3.99% | 2.19% | 1.97% | 2.37% | 2.76% |
QQQ Invesco QQQ | 0.54% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
CAG vs. QQQ - Drawdown Comparison
The maximum CAG drawdown since its inception was -56.94%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for CAG and QQQ. For additional features, visit the drawdowns tool.
Volatility
CAG vs. QQQ - Volatility Comparison
Conagra Brands, Inc. (CAG) has a higher volatility of 9.66% compared to Invesco QQQ (QQQ) at 5.02%. This indicates that CAG'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.