COR vs. QQQ
Compare and contrast key facts about CoreSite Realty Corporation (COR) 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: COR or QQQ.
Key characteristics
| COR | QQQ | |
|---|---|---|
| YTD Return | 8.23% | 10.74% |
| 1Y Return | 27.98% | 39.36% |
| 3Y Return (Ann) | 25.35% | 12.27% |
| 5Y Return (Ann) | 25.09% | 20.73% |
| 10Y Return (Ann) | 14.19% | 18.86% |
| Sharpe Ratio | 1.85 | 2.43 |
| Daily Std Dev | 15.58% | 16.27% |
| Max Drawdown | -71.01% | -82.98% |
| Current Drawdown | -9.76% | 0.00% |
Correlation
The correlation between COR and QQQ is 0.33, 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
COR vs. QQQ - Performance Comparison
In the year-to-date period, COR achieves a 8.23% return, which is significantly lower than QQQ's 10.74% return. Over the past 10 years, COR has underperformed QQQ with an annualized return of 14.19%, while QQQ has yielded a comparatively higher 18.86% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
COR vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for CoreSite Realty Corporation (COR) 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
COR vs. QQQ - Dividend Comparison
COR's dividend yield for the trailing twelve months is around 0.91%, more than QQQ's 0.58% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
COR CoreSite Realty Corporation | 0.91% | 0.96% | 1.13% | 1.34% | 1.74% | 1.88% | 2.07% | 1.61% | 1.77% | 1.17% | 1.10% | 1.23% |
QQQ Invesco QQQ | 0.58% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.01% |
Drawdowns
COR vs. QQQ - Drawdown Comparison
The maximum COR drawdown since its inception was -71.01%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for COR and QQQ. For additional features, visit the drawdowns tool.
Volatility
COR vs. QQQ - Volatility Comparison
CoreSite Realty Corporation (COR) and Invesco QQQ (QQQ) have volatilities of 5.23% and 5.12%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.