CHGG vs. QQQ
Compare and contrast key facts about Chegg, Inc. (CHGG) 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: CHGG or QQQ.
Correlation
The correlation between CHGG 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
CHGG vs. QQQ - Performance Comparison
Key characteristics
CHGG:
-1.03
QQQ:
1.30
CHGG:
-2.37
QQQ:
1.78
CHGG:
0.73
QQQ:
1.23
CHGG:
-0.85
QQQ:
1.76
CHGG:
-1.26
QQQ:
6.07
CHGG:
66.84%
QQQ:
3.92%
CHGG:
81.87%
QQQ:
18.29%
CHGG:
-98.78%
QQQ:
-82.98%
CHGG:
-98.78%
QQQ:
-0.26%
Returns By Period
In the year-to-date period, CHGG achieves a -13.66% return, which is significantly lower than QQQ's 4.83% return. Over the past 10 years, CHGG has underperformed QQQ with an annualized return of -14.24%, while QQQ has yielded a comparatively higher 18.46% annualized return.
CHGG
-13.66%
-7.33%
-29.44%
-84.64%
-49.06%
-14.24%
QQQ
4.83%
6.10%
13.30%
24.44%
18.78%
18.46%
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Risk-Adjusted Performance
CHGG vs. QQQ — Risk-Adjusted Performance Rank
CHGG
QQQ
CHGG vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Chegg, Inc. (CHGG) 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
CHGG vs. QQQ - Dividend Comparison
CHGG has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.53%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CHGG Chegg, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQ Invesco QQQ | 0.53% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
CHGG vs. QQQ - Drawdown Comparison
The maximum CHGG drawdown since its inception was -98.78%, which is greater than QQQ's maximum drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for CHGG and QQQ. For additional features, visit the drawdowns tool.
Volatility
CHGG vs. QQQ - Volatility Comparison
Chegg, Inc. (CHGG) has a higher volatility of 20.72% compared to Invesco QQQ (QQQ) at 5.42%. This indicates that CHGG'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.