CASP.L vs. QQQ
Compare and contrast key facts about Caspian Sunrise plc (CASP.L) 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: CASP.L or QQQ.
Key characteristics
| CASP.L | QQQ | |
|---|---|---|
| YTD Return | 36.00% | 7.60% |
| 1Y Return | -42.86% | 37.73% |
| 3Y Return (Ann) | 14.37% | 10.32% |
| 5Y Return (Ann) | -17.13% | 19.78% |
| 10Y Return (Ann) | -2.98% | 18.64% |
| Sharpe Ratio | -0.66 | 2.27 |
| Daily Std Dev | 68.78% | 16.26% |
| Max Drawdown | -98.54% | -82.98% |
| Current Drawdown | -95.27% | -1.42% |
Correlation
The correlation between CASP.L and QQQ is 0.06, 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
CASP.L vs. QQQ - Performance Comparison
In the year-to-date period, CASP.L achieves a 36.00% return, which is significantly higher than QQQ's 7.60% return. Over the past 10 years, CASP.L has underperformed QQQ with an annualized return of -2.98%, while QQQ has yielded a comparatively higher 18.64% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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
CASP.L vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Caspian Sunrise plc (CASP.L) 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
CASP.L vs. QQQ - Dividend Comparison
CASP.L has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.60%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CASP.L Caspian Sunrise plc | 0.00% | 0.03% | 0.02% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQ Invesco QQQ | 0.60% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.01% |
Drawdowns
CASP.L vs. QQQ - Drawdown Comparison
The maximum CASP.L drawdown since its inception was -98.54%, which is greater than QQQ's maximum drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for CASP.L and QQQ. For additional features, visit the drawdowns tool.
Volatility
CASP.L vs. QQQ - Volatility Comparison
Caspian Sunrise plc (CASP.L) has a higher volatility of 20.09% compared to Invesco QQQ (QQQ) at 5.78%. This indicates that CASP.L'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.