CLH vs. QQQ
Compare and contrast key facts about Clean Harbors, Inc. (CLH) 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: CLH or QQQ.
Correlation
The correlation between CLH and QQQ is 0.33, 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
CLH vs. QQQ - Performance Comparison
Key characteristics
CLH:
-0.29
QQQ:
-0.23
CLH:
-0.22
QQQ:
-0.17
CLH:
0.97
QQQ:
0.98
CLH:
-0.27
QQQ:
-0.22
CLH:
-0.79
QQQ:
-0.86
CLH:
10.50%
QQQ:
5.75%
CLH:
28.87%
QQQ:
21.27%
CLH:
-95.54%
QQQ:
-82.98%
CLH:
-30.86%
QQQ:
-22.77%
Returns By Period
In the year-to-date period, CLH achieves a -20.87% return, which is significantly lower than QQQ's -18.49% return. Over the past 10 years, CLH has underperformed QQQ with an annualized return of 12.51%, while QQQ has yielded a comparatively higher 15.40% annualized return.
CLH
-20.87%
-7.60%
-27.57%
-10.01%
26.45%
12.51%
QQQ
-18.49%
-15.27%
-14.70%
-4.99%
16.48%
15.40%
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Risk-Adjusted Performance
CLH vs. QQQ — Risk-Adjusted Performance Rank
CLH
QQQ
CLH vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Clean Harbors, Inc. (CLH) 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
CLH vs. QQQ - Dividend Comparison
CLH has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.72%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CLH Clean Harbors, 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 | 0.72% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
CLH vs. QQQ - Drawdown Comparison
The maximum CLH drawdown since its inception was -95.54%, which is greater than QQQ's maximum drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for CLH and QQQ. For additional features, visit the drawdowns tool.
Volatility
CLH vs. QQQ - Volatility Comparison
The current volatility for Clean Harbors, Inc. (CLH) is 9.12%, while Invesco QQQ (QQQ) has a volatility of 10.24%. This indicates that CLH 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.