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

Correlation

The correlation between CRSR and QQQ is 0.51, 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.


-0.50.00.51.00.5

Performance

CRSR vs. QQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Corsair Gaming, Inc. (CRSR) and Invesco QQQ (QQQ). The values are adjusted to include any dividend payments, if applicable.

-50.00%-40.00%-30.00%-20.00%-10.00%0.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
-43.51%
8.34%
CRSR
QQQ

Key characteristics

Sharpe Ratio

CRSR:

-1.13

QQQ:

1.64

Sortino Ratio

CRSR:

-1.81

QQQ:

2.19

Omega Ratio

CRSR:

0.78

QQQ:

1.30

Calmar Ratio

CRSR:

-0.63

QQQ:

2.16

Martin Ratio

CRSR:

-1.49

QQQ:

7.79

Ulcer Index

CRSR:

37.53%

QQQ:

3.76%

Daily Std Dev

CRSR:

49.71%

QQQ:

17.85%

Max Drawdown

CRSR:

-88.86%

QQQ:

-82.98%

Current Drawdown

CRSR:

-87.77%

QQQ:

-3.63%

Returns By Period

In the year-to-date period, CRSR achieves a -55.53% return, which is significantly lower than QQQ's 27.20% return.


CRSR

YTD

-55.53%

1M

-7.11%

6M

-43.51%

1Y

-56.91%

5Y*

N/A

10Y*

N/A

QQQ

YTD

27.20%

1M

3.08%

6M

8.34%

1Y

27.81%

5Y*

20.44%

10Y*

18.36%

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Risk-Adjusted Performance

CRSR vs. QQQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Corsair Gaming, Inc. (CRSR) 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.


Sharpe ratio
The chart of Sharpe ratio for CRSR, currently valued at -1.13, compared to the broader market-4.00-2.000.002.00-1.131.64
The chart of Sortino ratio for CRSR, currently valued at -1.81, compared to the broader market-4.00-2.000.002.004.00-1.812.19
The chart of Omega ratio for CRSR, currently valued at 0.78, compared to the broader market0.501.001.502.000.781.30
The chart of Calmar ratio for CRSR, currently valued at -0.63, compared to the broader market0.002.004.006.00-0.632.16
The chart of Martin ratio for CRSR, currently valued at -1.49, compared to the broader market-5.000.005.0010.0015.0020.0025.00-1.497.79
CRSR
QQQ

The current CRSR Sharpe Ratio is -1.13, which is lower than the QQQ Sharpe Ratio of 1.64. The chart below compares the historical Sharpe Ratios of CRSR 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.


Rolling 12-month Sharpe Ratio-2.00-1.000.001.002.003.00JulyAugustSeptemberOctoberNovemberDecember
-1.13
1.64
CRSR
QQQ

Dividends

CRSR vs. QQQ - Dividend Comparison

CRSR has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.43%.


TTM20232022202120202019201820172016201520142013
CRSR
Corsair Gaming, Inc.
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
0.43%0.62%0.80%0.43%0.55%0.74%0.91%0.84%1.06%0.99%1.41%1.02%

Drawdowns

CRSR vs. QQQ - Drawdown Comparison

The maximum CRSR drawdown since its inception was -88.86%, which is greater than QQQ's maximum drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for CRSR and QQQ. For additional features, visit the drawdowns tool.


-80.00%-60.00%-40.00%-20.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-87.77%
-3.63%
CRSR
QQQ

Volatility

CRSR vs. QQQ - Volatility Comparison

Corsair Gaming, Inc. (CRSR) has a higher volatility of 18.38% compared to Invesco QQQ (QQQ) at 5.29%. This indicates that CRSR'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.


5.00%10.00%15.00%20.00%25.00%30.00%JulyAugustSeptemberOctoberNovemberDecember
18.38%
5.29%
CRSR
QQQ
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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