COO vs. QQQM
Compare and contrast key facts about The Cooper Companies, Inc. (COO) and Invesco NASDAQ 100 ETF (QQQM).
QQQM is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Oct 13, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: COO or QQQM.
Correlation
The correlation between COO and QQQM is 0.48, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
COO vs. QQQM - Performance Comparison
Key characteristics
COO:
0.15
QQQM:
1.65
COO:
0.46
QQQM:
2.20
COO:
1.05
QQQM:
1.30
COO:
0.15
QQQM:
2.17
COO:
0.47
QQQM:
7.84
COO:
7.97%
QQQM:
3.76%
COO:
25.07%
QQQM:
17.81%
COO:
-98.75%
QQQM:
-35.05%
COO:
-17.99%
QQQM:
-3.60%
Returns By Period
In the year-to-date period, COO achieves a -1.24% return, which is significantly lower than QQQM's 27.34% return.
COO
-1.24%
-5.69%
2.11%
1.44%
3.23%
8.68%
QQQM
27.34%
3.10%
8.44%
27.94%
N/A
N/A
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Risk-Adjusted Performance
COO vs. QQQM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for The Cooper Companies, Inc. (COO) and Invesco NASDAQ 100 ETF (QQQM). 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
COO vs. QQQM - Dividend Comparison
COO has not paid dividends to shareholders, while QQQM's dividend yield for the trailing twelve months is around 0.45%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
COO The Cooper Companies, Inc. | 0.00% | 0.02% | 0.02% | 0.01% | 0.02% | 0.02% | 0.02% | 0.03% | 0.03% | 0.04% | 0.04% | 0.05% |
QQQM Invesco NASDAQ 100 ETF | 0.45% | 0.65% | 0.83% | 0.40% | 0.16% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
COO vs. QQQM - Drawdown Comparison
The maximum COO drawdown since its inception was -98.75%, which is greater than QQQM's maximum drawdown of -35.05%. Use the drawdown chart below to compare losses from any high point for COO and QQQM. For additional features, visit the drawdowns tool.
Volatility
COO vs. QQQM - Volatility Comparison
The Cooper Companies, Inc. (COO) has a higher volatility of 7.37% compared to Invesco NASDAQ 100 ETF (QQQM) at 5.28%. This indicates that COO's price experiences larger fluctuations and is considered to be riskier than QQQM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.