CART vs. QQQ
Compare and contrast key facts about Maplebear Inc. Common Stock (CART) 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: CART or QQQ.
Correlation
The correlation between CART and QQQ is 0.35, 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
CART vs. QQQ - Performance Comparison
Key characteristics
CART:
0.31
QQQ:
0.15
CART:
0.71
QQQ:
0.38
CART:
1.09
QQQ:
1.05
CART:
0.45
QQQ:
0.16
CART:
1.05
QQQ:
0.60
CART:
12.85%
QQQ:
6.16%
CART:
43.79%
QQQ:
24.88%
CART:
-33.44%
QQQ:
-82.98%
CART:
-20.83%
QQQ:
-17.55%
Returns By Period
In the year-to-date period, CART achieves a 1.59% return, which is significantly higher than QQQ's -12.99% return.
CART
1.59%
3.54%
0.21%
13.88%
N/A
N/A
QQQ
-12.99%
-7.86%
-9.24%
3.66%
16.37%
16.34%
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Risk-Adjusted Performance
CART vs. QQQ — Risk-Adjusted Performance Rank
CART
QQQ
CART vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Maplebear Inc. Common Stock (CART) 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
CART vs. QQQ - Dividend Comparison
CART has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.67%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CART Maplebear Inc. Common Stock | 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 | 0.67% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
CART vs. QQQ - Drawdown Comparison
The maximum CART drawdown since its inception was -33.44%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for CART and QQQ. For additional features, visit the drawdowns tool.
Volatility
CART vs. QQQ - Volatility Comparison
The current volatility for Maplebear Inc. Common Stock (CART) is 13.55%, while Invesco QQQ (QQQ) has a volatility of 16.28%. This indicates that CART experiences smaller price fluctuations and is considered to be less risky than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.