CAG vs. QQQ
CAG (Conagra Brands, Inc.) is a stock, while QQQ (Invesco QQQ ETF) is Nasdaq-100 fund tracking the NASDAQ-100 Index. Over the past 10 years, CAG returned -5.15%/yr vs 20.44%/yr for QQQ. Their 0.23 correlation means their historical movements had little consistent relationship.
Performance
CAG vs. QQQ - Performance Comparison
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Returns By Period
In the year-to-date period, CAG achieves a -11.37% return, which is significantly lower than QQQ's 12.26% return. Over the past 10 years, CAG has underperformed QQQ with an annualized return of -5.15%, while QQQ has yielded a comparatively higher 20.44% annualized return.
CAG
- 1D
- -3.46%
- 1M
- 2.34%
- 6M
- -18.72%
- YTD
- -11.37%
- 1Y
- -15.41%
- 3Y*
- -18.85%
- 5Y*
- -10.79%
- 10Y*
- -5.15%
- ALL TIME*
- 6.73%
QQQ
- 1D
- 0.65%
- 1M
- -3.45%
- 6M
- 10.89%
- YTD
- 12.26%
- 1Y
- 24.81%
- 3Y*
- 22.29%
- 5Y*
- 14.23%
- 10Y*
- 20.44%
- ALL TIME*
- 10.64%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $226.36M | $226.00M | $249.69M | |
| $30.32B | $28.40B | $31.45B |
CAG vs. QQQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CAG Conagra Brands, Inc. | -11.37% | -33.32% | 1.46% | -22.82% | 17.52% | -2.55% | 8.69% | 65.50% | -41.99% | -2.55% |
QQQ Invesco QQQ ETF | 12.26% | 20.77% | 25.58% | 54.86% | -32.58% | 27.42% | 48.62% | 38.96% | -0.13% | 32.66% |
Correlation
The correlation between CAG and QQQ is -0.25, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.25 |
Correlation (3Y) Balances recent behavior with more history. | -0.12 |
Correlation (5Y) Shows whether the relationship held over a longer period. | -0.03 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.09 |
Correlation (All Time) Calculated using the full available price history since Mar 10, 1999 | 0.23 |
The correlation between CAG and QQQ shifts across timeframes, from -0.25 (1 year) to 0.23 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
CAG vs. QQQ — Risk / Return Rank
CAG
QQQ
CAG vs. QQQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Conagra Brands, Inc. (CAG) and Invesco QQQ ETF (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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CAG | QQQ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.63 | ||
| Sortino ratioReturn per unit of downside risk | -2.15 | ||
| Omega ratioGain probability vs. loss probability | 0.94 | 1.21 | -0.26 |
| Calmar ratioReturn relative to maximum drawdown | -0.40 | 1.88 | -2.28 |
| Martin ratioReturn relative to average drawdown | -0.78 | 6.00 | -6.78 |
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Drawdowns
CAG vs. QQQ - Drawdown Comparison
The maximum CAG drawdown since its inception was -62.52%, smaller than the maximum QQQ drawdown of -82.97%. Use the drawdown chart below to compare losses from any high point for CAG and QQQ.
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Drawdown Indicators
| CAG | QQQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.52% | -82.97% | +20.45% |
Max Drawdown (1Y)Largest decline over 1 year | -35.58% | -11.96% | -23.62% |
Max Drawdown (3Y)Largest decline over 3 years | -56.66% | -22.77% | -33.89% |
Max Drawdown (5Y)Largest decline over 5 years | -62.52% | -35.12% | -27.40% |
Max Drawdown (10Y)Largest decline over 10 years | -62.52% | -35.12% | -27.40% |
Current DrawdownCurrent decline from peak | -56.28% | -7.69% | -48.59% |
Average DrawdownAverage peak-to-trough decline | -15.90% | -32.62% | +16.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 18.20% | 3.74% | +14.46% |
Volatility
CAG vs. QQQ - Volatility Comparison
Conagra Brands, Inc. (CAG) has a higher volatility of 11.15% compared to Invesco QQQ ETF (QQQ) at 6.87%. 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.
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Volatility by Period
| CAG | QQQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.15% | 6.87% | +4.28% |
Volatility (6M)Calculated over the trailing 6-month period | 24.66% | 16.08% | +8.58% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.24% | 19.38% | +10.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.05% | 22.90% | +1.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.57% | 22.50% | +4.07% |
Dividends
CAG vs. QQQ - Dividend Comparison
CAG's dividend yield for the trailing twelve months is around 8.44%, more than QQQ's 0.44% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CAG Conagra Brands, Inc. | 8.44% | 8.09% | 5.05% | 4.75% | 3.32% | 3.44% | 2.52% | 2.48% | 3.98% | 2.19% | 29.36% | 2.37% |
QQQ Invesco QQQ ETF | 0.44% | 0.45% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% |
Frequently Asked Questions
CAG and QQQ have a correlation of -0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CAG has higher volatility (11.15%) compared to QQQ (6.87%). In terms of maximum drawdown, CAG dropped -62.52% vs QQQ's -82.97%.
QQQ currently has the higher Sharpe Ratio (1.16 vs -0.47), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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