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

Correlation

The correlation between CRUS and QQQ is 0.55, 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.


-0.50.00.51.00.6

Performance

CRUS vs. QQQ - Performance Comparison

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

-20.00%-10.00%0.00%10.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
-19.78%
7.59%
CRUS
QQQ

Key characteristics

Sharpe Ratio

CRUS:

0.51

QQQ:

1.54

Sortino Ratio

CRUS:

1.02

QQQ:

2.06

Omega Ratio

CRUS:

1.12

QQQ:

1.28

Calmar Ratio

CRUS:

0.63

QQQ:

2.03

Martin Ratio

CRUS:

1.51

QQQ:

7.34

Ulcer Index

CRUS:

13.03%

QQQ:

3.75%

Daily Std Dev

CRUS:

38.85%

QQQ:

17.90%

Max Drawdown

CRUS:

-97.48%

QQQ:

-82.98%

Current Drawdown

CRUS:

-31.25%

QQQ:

-4.03%

Returns By Period

In the year-to-date period, CRUS achieves a 20.40% return, which is significantly lower than QQQ's 26.66% return. Over the past 10 years, CRUS has underperformed QQQ with an annualized return of 15.51%, while QQQ has yielded a comparatively higher 18.30% annualized return.


CRUS

YTD

20.40%

1M

-0.42%

6M

-19.78%

1Y

22.22%

5Y*

4.35%

10Y*

15.51%

QQQ

YTD

26.66%

1M

3.29%

6M

6.76%

1Y

26.84%

5Y*

20.38%

10Y*

18.30%

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Risk-Adjusted Performance

CRUS vs. QQQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Cirrus Logic, Inc. (CRUS) 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 CRUS, currently valued at 0.51, compared to the broader market-4.00-2.000.002.000.511.50
The chart of Sortino ratio for CRUS, currently valued at 1.02, compared to the broader market-4.00-2.000.002.004.001.022.02
The chart of Omega ratio for CRUS, currently valued at 1.12, compared to the broader market0.501.001.502.001.121.27
The chart of Calmar ratio for CRUS, currently valued at 0.63, compared to the broader market0.002.004.006.000.631.98
The chart of Martin ratio for CRUS, currently valued at 1.51, compared to the broader market0.0010.0020.001.517.15
CRUS
QQQ

The current CRUS Sharpe Ratio is 0.51, which is lower than the QQQ Sharpe Ratio of 1.54. The chart below compares the historical Sharpe Ratios of CRUS 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 Ratio0.501.001.502.002.50JulyAugustSeptemberOctoberNovemberDecember
0.51
1.50
CRUS
QQQ

Dividends

CRUS vs. QQQ - Dividend Comparison

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


TTM20232022202120202019201820172016201520142013
CRUS
Cirrus Logic, 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

CRUS vs. QQQ - Drawdown Comparison

The maximum CRUS drawdown since its inception was -97.48%, which is greater than QQQ's maximum drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for CRUS and QQQ. For additional features, visit the drawdowns tool.


-35.00%-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-31.25%
-4.03%
CRUS
QQQ

Volatility

CRUS vs. QQQ - Volatility Comparison

Cirrus Logic, Inc. (CRUS) has a higher volatility of 8.15% compared to Invesco QQQ (QQQ) at 5.21%. This indicates that CRUS'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.


4.00%6.00%8.00%10.00%12.00%14.00%16.00%JulyAugustSeptemberOctoberNovemberDecember
8.15%
5.21%
CRUS
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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