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CHE vs. QQQ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


CHEQQQ
YTD Return3.43%2.41%
1Y Return6.96%33.17%
3Y Return (Ann)9.28%7.97%
5Y Return (Ann)13.41%18.00%
10Y Return (Ann)22.15%18.15%
Sharpe Ratio0.362.04
Daily Std Dev20.11%16.36%
Max Drawdown-57.54%-82.98%
Current Drawdown-7.11%-6.17%

Correlation

-0.50.00.51.00.4

The correlation between CHE and QQQ is 0.43, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Performance

CHE vs. QQQ - Performance Comparison

In the year-to-date period, CHE achieves a 3.43% return, which is significantly higher than QQQ's 2.41% return. Over the past 10 years, CHE has outperformed QQQ with an annualized return of 22.15%, while QQQ has yielded a comparatively lower 18.15% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-5.00%0.00%5.00%10.00%15.00%20.00%25.00%30.00%NovemberDecember2024FebruaryMarchApril
18.38%
18.21%
CHE
QQQ

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Chemed Corporation

Invesco QQQ

Risk-Adjusted Performance

CHE vs. QQQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Chemed Corporation (CHE) 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.


CHE
Sharpe ratio
The chart of Sharpe ratio for CHE, currently valued at 0.36, compared to the broader market-2.00-1.000.001.002.003.000.36
Sortino ratio
The chart of Sortino ratio for CHE, currently valued at 0.68, compared to the broader market-4.00-2.000.002.004.000.68
Omega ratio
The chart of Omega ratio for CHE, currently valued at 1.09, compared to the broader market0.501.001.501.09
Calmar ratio
The chart of Calmar ratio for CHE, currently valued at 0.61, compared to the broader market0.001.002.003.004.005.000.61
Martin ratio
The chart of Martin ratio for CHE, currently valued at 1.26, compared to the broader market0.0010.0020.0030.001.27
QQQ
Sharpe ratio
The chart of Sharpe ratio for QQQ, currently valued at 2.04, compared to the broader market-2.00-1.000.001.002.003.002.04
Sortino ratio
The chart of Sortino ratio for QQQ, currently valued at 2.85, compared to the broader market-4.00-2.000.002.004.002.85
Omega ratio
The chart of Omega ratio for QQQ, currently valued at 1.35, compared to the broader market0.501.001.501.35
Calmar ratio
The chart of Calmar ratio for QQQ, currently valued at 1.48, compared to the broader market0.001.002.003.004.005.001.48
Martin ratio
The chart of Martin ratio for QQQ, currently valued at 10.32, compared to the broader market0.0010.0020.0030.0010.32

CHE vs. QQQ - Sharpe Ratio Comparison

The current CHE Sharpe Ratio is 0.36, which is lower than the QQQ Sharpe Ratio of 2.04. The chart below compares the 12-month rolling Sharpe Ratio of CHE and QQQ.


Rolling 12-month Sharpe Ratio0.000.501.001.502.002.503.003.50NovemberDecember2024FebruaryMarchApril
0.36
2.04
CHE
QQQ

Dividends

CHE vs. QQQ - Dividend Comparison

CHE's dividend yield for the trailing twelve months is around 0.26%, less than QQQ's 0.63% yield.


TTM20232022202120202019201820172016201520142013
CHE
Chemed Corporation
0.26%0.27%0.29%0.26%0.25%0.28%0.41%0.44%0.62%0.61%0.79%0.99%
QQQ
Invesco QQQ
0.63%0.62%0.80%0.43%0.55%0.74%0.91%0.84%1.06%0.99%1.41%1.01%

Drawdowns

CHE vs. QQQ - Drawdown Comparison

The maximum CHE drawdown since its inception was -57.54%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for CHE and QQQ. For additional features, visit the drawdowns tool.


-14.00%-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%NovemberDecember2024FebruaryMarchApril
-7.11%
-6.17%
CHE
QQQ

Volatility

CHE vs. QQQ - Volatility Comparison

The current volatility for Chemed Corporation (CHE) is 2.97%, while Invesco QQQ (QQQ) has a volatility of 4.48%. This indicates that CHE 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.


2.00%4.00%6.00%8.00%10.00%NovemberDecember2024FebruaryMarchApril
2.97%
4.48%
CHE
QQQ