Correlation
The correlation between CLOER and QQQ is -0.01. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
CLOER vs. QQQ
Compare and contrast key facts about Clover Leaf Capital Corp. Rights (CLOER) 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: CLOER or QQQ.
Performance
CLOER vs. QQQ - Performance Comparison
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Key characteristics
Returns By Period
CLOER
N/A
N/A
N/A
N/A
N/A
N/A
N/A
QQQ
1.69%
7.77%
2.15%
15.88%
19.78%
18.08%
17.69%
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Risk-Adjusted Performance
CLOER vs. QQQ — Risk-Adjusted Performance Rank
CLOER
QQQ
CLOER vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Clover Leaf Capital Corp. Rights (CLOER) 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.
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Dividends
CLOER vs. QQQ - Dividend Comparison
CLOER has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.58%.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
CLOER Clover Leaf Capital Corp. Rights | 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 | 0.58% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
CLOER vs. QQQ - Drawdown Comparison
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Volatility
CLOER vs. QQQ - Volatility Comparison
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