CLNE vs. QQQ
Compare and contrast key facts about Clean Energy Fuels Corp. (CLNE) 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: CLNE or QQQ.
Correlation
The correlation between CLNE and QQQ is 0.38, 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
CLNE vs. QQQ - Performance Comparison
Key characteristics
CLNE:
-0.09
QQQ:
1.37
CLNE:
0.35
QQQ:
1.86
CLNE:
1.04
QQQ:
1.25
CLNE:
-0.06
QQQ:
1.84
CLNE:
-0.33
QQQ:
6.35
CLNE:
16.21%
QQQ:
3.92%
CLNE:
62.00%
QQQ:
18.24%
CLNE:
-95.48%
QQQ:
-82.98%
CLNE:
-87.54%
QQQ:
0.00%
Returns By Period
In the year-to-date period, CLNE achieves a 18.73% return, which is significantly higher than QQQ's 5.53% return. Over the past 10 years, CLNE has underperformed QQQ with an annualized return of -4.90%, while QQQ has yielded a comparatively higher 18.38% annualized return.
CLNE
18.73%
3.47%
-6.58%
-4.18%
1.19%
-4.90%
QQQ
5.53%
3.41%
12.16%
27.01%
19.41%
18.38%
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Risk-Adjusted Performance
CLNE vs. QQQ — Risk-Adjusted Performance Rank
CLNE
QQQ
CLNE vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Clean Energy Fuels Corp. (CLNE) 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
CLNE vs. QQQ - Dividend Comparison
CLNE 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CLNE Clean Energy Fuels Corp. | 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
CLNE vs. QQQ - Drawdown Comparison
The maximum CLNE drawdown since its inception was -95.48%, which is greater than QQQ's maximum drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for CLNE and QQQ. For additional features, visit the drawdowns tool.
Volatility
CLNE vs. QQQ - Volatility Comparison
Clean Energy Fuels Corp. (CLNE) has a higher volatility of 16.90% compared to Invesco QQQ (QQQ) at 4.69%. This indicates that CLNE'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.