CMG.TO vs. QQQ
Compare and contrast key facts about Computer Modelling Group Ltd. (CMG.TO) 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: CMG.TO or QQQ.
Correlation
The correlation between CMG.TO and QQQ is 0.18, 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
CMG.TO vs. QQQ - Performance Comparison
Key characteristics
CMG.TO:
-0.29
QQQ:
1.40
CMG.TO:
-0.16
QQQ:
1.90
CMG.TO:
0.98
QQQ:
1.25
CMG.TO:
-0.26
QQQ:
1.88
CMG.TO:
-0.63
QQQ:
6.51
CMG.TO:
17.60%
QQQ:
3.92%
CMG.TO:
38.21%
QQQ:
18.23%
CMG.TO:
-91.35%
QQQ:
-82.98%
CMG.TO:
-40.68%
QQQ:
-0.42%
Returns By Period
In the year-to-date period, CMG.TO achieves a -19.53% return, which is significantly lower than QQQ's 5.09% return. Over the past 10 years, CMG.TO has underperformed QQQ with an annualized return of 0.17%, while QQQ has yielded a comparatively higher 18.32% annualized return.
CMG.TO
-19.53%
-16.88%
-31.45%
-5.54%
5.48%
0.17%
QQQ
5.09%
2.37%
13.48%
26.98%
19.29%
18.32%
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Risk-Adjusted Performance
CMG.TO vs. QQQ — Risk-Adjusted Performance Rank
CMG.TO
QQQ
CMG.TO vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Computer Modelling Group Ltd. (CMG.TO) 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
CMG.TO vs. QQQ - Dividend Comparison
CMG.TO's dividend yield for the trailing twelve months is around 2.33%, more than QQQ's 0.53% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CMG.TO Computer Modelling Group Ltd. | 2.33% | 1.88% | 1.97% | 3.43% | 4.69% | 5.12% | 4.87% | 6.57% | 4.17% | 4.39% | 4.45% | 1.68% |
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
CMG.TO vs. QQQ - Drawdown Comparison
The maximum CMG.TO drawdown since its inception was -91.35%, which is greater than QQQ's maximum drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for CMG.TO and QQQ. For additional features, visit the drawdowns tool.
Volatility
CMG.TO vs. QQQ - Volatility Comparison
Computer Modelling Group Ltd. (CMG.TO) has a higher volatility of 16.65% compared to Invesco QQQ (QQQ) at 4.70%. This indicates that CMG.TO'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.