CHRD vs. QQQ
Compare and contrast key facts about Chord Energy Corp (CHRD) 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: CHRD or QQQ.
Correlation
The correlation between CHRD and QQQ is 0.20, 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
CHRD vs. QQQ - Performance Comparison
Key characteristics
CHRD:
-0.54
QQQ:
1.48
CHRD:
-0.57
QQQ:
2.01
CHRD:
0.93
QQQ:
1.27
CHRD:
-0.35
QQQ:
1.98
CHRD:
-0.70
QQQ:
6.95
CHRD:
19.38%
QQQ:
3.87%
CHRD:
25.21%
QQQ:
18.17%
CHRD:
-38.74%
QQQ:
-82.98%
CHRD:
-29.11%
QQQ:
-3.83%
Returns By Period
In the year-to-date period, CHRD achieves a 9.29% return, which is significantly higher than QQQ's 1.07% return.
CHRD
9.29%
9.98%
-25.55%
-11.04%
N/A
N/A
QQQ
1.07%
-3.83%
7.57%
26.92%
19.10%
18.73%
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Risk-Adjusted Performance
CHRD vs. QQQ — Risk-Adjusted Performance Rank
CHRD
QQQ
CHRD vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Chord Energy Corp (CHRD) 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
CHRD vs. QQQ - Dividend Comparison
CHRD's dividend yield for the trailing twelve months is around 7.94%, more than QQQ's 0.55% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CHRD Chord Energy Corp | 7.94% | 8.68% | 9.28% | 19.76% | 4.46% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQ Invesco QQQ | 0.55% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
CHRD vs. QQQ - Drawdown Comparison
The maximum CHRD drawdown since its inception was -38.74%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for CHRD and QQQ. For additional features, visit the drawdowns tool.
Volatility
CHRD vs. QQQ - Volatility Comparison
Chord Energy Corp (CHRD) and Invesco QQQ (QQQ) have volatilities of 6.59% and 6.42%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.