CARA vs. QQQM
Compare and contrast key facts about Cara Therapeutics, Inc. (CARA) and Invesco NASDAQ 100 ETF (QQQM).
QQQM is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Oct 13, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CARA or QQQM.
Correlation
The correlation between CARA and QQQM is 0.28, 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
CARA vs. QQQM - Performance Comparison
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Key characteristics
Returns By Period
CARA
N/A
N/A
N/A
N/A
N/A
N/A
N/A
QQQM
2.30%
17.54%
4.76%
16.33%
22.74%
N/A
N/A
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Risk-Adjusted Performance
CARA vs. QQQM — Risk-Adjusted Performance Rank
CARA
QQQM
CARA vs. QQQM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Cara Therapeutics, Inc. (CARA) and Invesco NASDAQ 100 ETF (QQQM). 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.
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Dividends
CARA vs. QQQM - Dividend Comparison
CARA has not paid dividends to shareholders, while QQQM's dividend yield for the trailing twelve months is around 0.58%.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | |
---|---|---|---|---|---|---|
CARA Cara Therapeutics, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQM Invesco NASDAQ 100 ETF | 0.58% | 0.61% | 0.65% | 0.83% | 0.40% | 0.16% |
Drawdowns
CARA vs. QQQM - Drawdown Comparison
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Volatility
CARA vs. QQQM - Volatility Comparison
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