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

Correlation

The correlation between CLOE and QQQ is 0.02, 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

CLOE vs. QQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Clover Leaf Capital Corp. (CLOE) and Invesco QQQ (QQQ). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

CLOE:

0.00

QQQ:

0.62

Sortino Ratio

CLOE:

0.30

QQQ:

0.92

Omega Ratio

CLOE:

1.09

QQQ:

1.13

Calmar Ratio

CLOE:

0.01

QQQ:

0.60

Martin Ratio

CLOE:

0.02

QQQ:

1.94

Ulcer Index

CLOE:

8.63%

QQQ:

7.02%

Daily Std Dev

CLOE:

38.43%

QQQ:

25.59%

Max Drawdown

CLOE:

-26.47%

QQQ:

-82.98%

Current Drawdown

CLOE:

-9.31%

QQQ:

-3.64%

Returns By Period

In the year-to-date period, CLOE achieves a -0.16% return, which is significantly lower than QQQ's 1.69% return.


CLOE

YTD

-0.16%

1M

0.00%

6M

-0.16%

1Y

0.16%

3Y*

7.28%

5Y*

N/A

10Y*

N/A

QQQ

YTD

1.69%

1M

9.18%

6M

2.15%

1Y

15.66%

3Y*

19.78%

5Y*

18.08%

10Y*

17.69%

*Annualized

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Clover Leaf Capital Corp.

Invesco QQQ

Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

CLOE vs. QQQ — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CLOE
The Risk-Adjusted Performance Rank of CLOE is 5050
Overall Rank
The Sharpe Ratio Rank of CLOE is 5050
Sharpe Ratio Rank
The Sortino Ratio Rank of CLOE is 4545
Sortino Ratio Rank
The Omega Ratio Rank of CLOE is 5555
Omega Ratio Rank
The Calmar Ratio Rank of CLOE is 5151
Calmar Ratio Rank
The Martin Ratio Rank of CLOE is 5050
Martin Ratio Rank

QQQ
The Risk-Adjusted Performance Rank of QQQ is 5454
Overall Rank
The Sharpe Ratio Rank of QQQ is 5353
Sharpe Ratio Rank
The Sortino Ratio Rank of QQQ is 5353
Sortino Ratio Rank
The Omega Ratio Rank of QQQ is 5252
Omega Ratio Rank
The Calmar Ratio Rank of QQQ is 6060
Calmar Ratio Rank
The Martin Ratio Rank of QQQ is 5252
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

CLOE vs. QQQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Clover Leaf Capital Corp. (CLOE) 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.


The current CLOE Sharpe Ratio is 0.00, which is lower than the QQQ Sharpe Ratio of 0.62. The chart below compares the historical Sharpe Ratios of CLOE and QQQ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

CLOE vs. QQQ - Dividend Comparison

CLOE's dividend yield for the trailing twelve months is around 99.84%, more than QQQ's 0.58% yield.


TTM20242023202220212020201920182017201620152014
CLOE
Clover Leaf Capital Corp.
99.84%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
0.58%0.56%0.62%0.80%0.43%0.55%0.74%0.91%0.84%1.06%0.99%1.41%

Drawdowns

CLOE vs. QQQ - Drawdown Comparison

The maximum CLOE drawdown since its inception was -26.47%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for CLOE and QQQ.


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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

CLOE vs. QQQ - Volatility Comparison

The current volatility for Clover Leaf Capital Corp. (CLOE) is 0.00%, while Invesco QQQ (QQQ) has a volatility of 5.62%. This indicates that CLOE 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.


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