CEG vs. QQQ
CEG (Constellation Energy Corp) is a stock, while QQQ (Invesco QQQ ETF) is Nasdaq-100 fund tracking the NASDAQ-100 Index. Over the past 3 years, CEG returned 42.45%/yr vs 25.87%/yr for QQQ. At a 0.43 correlation, their price movements are largely independent.
Performance
CEG vs. QQQ - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CEG achieves a -26.38% return, which is significantly lower than QQQ's 18.15% return.
CEG
- 1D
- -1.78%
- 1M
- -9.88%
- YTD
- -26.38%
- 6M
- -27.42%
- 1Y
- -18.58%
- 3Y*
- 42.45%
- 5Y*
- —
- 10Y*
- —
QQQ
- 1D
- 2.49%
- 1M
- -1.82%
- YTD
- 18.15%
- 6M
- 16.90%
- 1Y
- 32.75%
- 3Y*
- 25.87%
- 5Y*
- 16.05%
- 10Y*
- 21.81%
CEG vs. QQQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
CEG Constellation Energy Corp | -26.38% | 58.80% | 92.71% | 37.24% | 73.87% |
QQQ Invesco QQQ ETF | 18.15% | 20.77% | 25.58% | 54.86% | -26.61% |
Correlation
The correlation between CEG and QQQ is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.40 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.45 |
Correlation (All Time) Calculated using the full available price history since Feb 2, 2022 | 0.43 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
CEG vs. QQQ — Risk / Return Rank
CEG
QQQ
CEG vs. QQQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Constellation Energy Corp (CEG) and Invesco QQQ ETF (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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CEG | QQQ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.22 | ||
| Sortino ratioReturn per unit of downside risk | -2.71 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 1.32 | -0.36 |
| Calmar ratioReturn relative to maximum drawdown | -0.47 | 2.75 | -3.22 |
| Martin ratioReturn relative to average drawdown | -0.91 | 10.06 | -10.97 |
Loading charts...
Drawdowns
CEG vs. QQQ - Drawdown Comparison
The maximum CEG drawdown since its inception was -50.70%, smaller than the maximum QQQ drawdown of -82.97%. Use the drawdown chart below to compare losses from any high point for CEG and QQQ.
Loading charts...
Drawdown Indicators
| CEG | QQQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.70% | -82.97% | +32.27% |
Max Drawdown (1Y)Largest decline over 1 year | -39.77% | -11.96% | -27.81% |
Max Drawdown (3Y)Largest decline over 3 years | -50.70% | -22.77% | -27.93% |
Max Drawdown (5Y)Largest decline over 5 years | — | -35.12% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -35.12% | — |
Current DrawdownCurrent decline from peak | -35.54% | -2.85% | -32.69% |
Average DrawdownAverage peak-to-trough decline | -11.87% | -32.71% | +20.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.49% | 3.26% | +17.23% |
Volatility
CEG vs. QQQ - Volatility Comparison
Constellation Energy Corp (CEG) has a higher volatility of 12.41% compared to Invesco QQQ ETF (QQQ) at 9.43%. This indicates that CEG'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.
Loading charts...
Volatility by Period
| CEG | QQQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.41% | 9.43% | +2.98% |
Volatility (6M)Calculated over the trailing 6-month period | 35.91% | 14.81% | +21.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 46.60% | 18.14% | +28.46% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 49.23% | 22.72% | +26.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 49.23% | 22.41% | +26.82% |
Dividends
CEG vs. QQQ - Dividend Comparison
CEG's dividend yield for the trailing twelve months is around 0.63%, more than QQQ's 0.42% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CEG Constellation Energy Corp | 0.63% | 0.44% | 0.63% | 0.97% | 0.65% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQ Invesco QQQ ETF | 0.42% | 0.45% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% |
Frequently Asked Questions
CEG and QQQ have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CEG has higher volatility (12.41%) compared to QQQ (9.43%). In terms of maximum drawdown, CEG dropped -50.70% vs QQQ's -82.97%.
QQQ currently has the higher Sharpe Ratio (1.82 vs -0.40), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for CEG and QQQ
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer