CASH vs. QQQ
Compare and contrast key facts about Meta Financial Group, Inc. (CASH) 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: CASH or QQQ.
Correlation
The correlation between CASH and QQQ is 0.18, 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
CASH vs. QQQ - Performance Comparison
Key characteristics
CASH:
1.66
QQQ:
1.56
CASH:
2.47
QQQ:
2.09
CASH:
1.31
QQQ:
1.28
CASH:
1.80
QQQ:
2.07
CASH:
8.35
QQQ:
7.35
CASH:
5.68%
QQQ:
3.81%
CASH:
28.49%
QQQ:
17.96%
CASH:
-83.66%
QQQ:
-82.98%
CASH:
-12.18%
QQQ:
-4.10%
Returns By Period
In the year-to-date period, CASH achieves a 1.22% return, which is significantly higher than QQQ's 0.79% return. Over the past 10 years, CASH has outperformed QQQ with an annualized return of 21.66%, while QQQ has yielded a comparatively lower 18.48% annualized return.
CASH
1.22%
-9.82%
28.23%
48.35%
15.11%
21.66%
QQQ
0.79%
-1.20%
2.76%
27.75%
19.56%
18.48%
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Risk-Adjusted Performance
CASH vs. QQQ — Risk-Adjusted Performance Rank
CASH
QQQ
CASH vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Meta Financial Group, Inc. (CASH) 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
CASH vs. QQQ - Dividend Comparison
CASH's dividend yield for the trailing twelve months is around 0.27%, less than QQQ's 0.55% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CASH Meta Financial Group, Inc. | 0.27% | 0.27% | 0.38% | 0.46% | 0.34% | 0.55% | 0.55% | 0.96% | 0.56% | 0.88% | 1.13% | 1.48% |
QQQ Invesco QQQ | 0.55% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
CASH vs. QQQ - Drawdown Comparison
The maximum CASH drawdown since its inception was -83.66%, roughly equal to the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for CASH and QQQ. For additional features, visit the drawdowns tool.
Volatility
CASH vs. QQQ - Volatility Comparison
Meta Financial Group, Inc. (CASH) has a higher volatility of 8.30% compared to Invesco QQQ (QQQ) at 6.12%. This indicates that CASH'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.