CASY vs. QQQ
Compare and contrast key facts about Casey's General Stores, Inc. (CASY) 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: CASY or QQQ.
Key characteristics
| CASY | QQQ | |
|---|---|---|
| YTD Return | 52.63% | 25.79% |
| 1Y Return | 50.24% | 36.91% |
| 3Y Return (Ann) | 28.82% | 9.89% |
| 5Y Return (Ann) | 20.41% | 21.42% |
| 10Y Return (Ann) | 18.59% | 18.39% |
| Sharpe Ratio | 1.81 | 2.11 |
| Sortino Ratio | 3.03 | 2.78 |
| Omega Ratio | 1.38 | 1.38 |
| Calmar Ratio | 5.62 | 2.69 |
| Martin Ratio | 16.35 | 9.81 |
| Ulcer Index | 3.18% | 3.72% |
| Daily Std Dev | 28.75% | 17.32% |
| Max Drawdown | -74.33% | -82.98% |
| Current Drawdown | 0.00% | -0.24% |
Correlation
The correlation between CASY and QQQ is 0.40, 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
CASY vs. QQQ - Performance Comparison
In the year-to-date period, CASY achieves a 52.63% return, which is significantly higher than QQQ's 25.79% return. Both investments have delivered pretty close results over the past 10 years, with CASY having a 18.59% annualized return and QQQ not far behind at 18.39%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
CASY vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Casey's General Stores, Inc. (CASY) 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
CASY vs. QQQ - Dividend Comparison
CASY's dividend yield for the trailing twelve months is around 0.45%, less than QQQ's 0.59% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CASY Casey's General Stores, Inc. | 0.45% | 0.59% | 0.65% | 0.69% | 0.72% | 0.77% | 0.86% | 1.13% | 0.77% | 0.70% | 0.84% | 0.98% |
QQQ Invesco QQQ | 0.59% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.02% |
Drawdowns
CASY vs. QQQ - Drawdown Comparison
The maximum CASY drawdown since its inception was -74.33%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for CASY and QQQ. For additional features, visit the drawdowns tool.
Volatility
CASY vs. QQQ - Volatility Comparison
Casey's General Stores, Inc. (CASY) has a higher volatility of 7.11% compared to Invesco QQQ (QQQ) at 5.14%. This indicates that CASY'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.