CVLT vs. QQQ
Compare and contrast key facts about Commvault Systems, Inc. (CVLT) 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: CVLT or QQQ.
Correlation
The correlation between CVLT 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.
Performance
CVLT vs. QQQ - Performance Comparison
Key characteristics
CVLT:
2.32
QQQ:
1.43
CVLT:
3.72
QQQ:
1.95
CVLT:
1.50
QQQ:
1.26
CVLT:
5.51
QQQ:
1.92
CVLT:
19.80
QQQ:
6.71
CVLT:
5.38%
QQQ:
3.88%
CVLT:
45.92%
QQQ:
18.19%
CVLT:
-68.89%
QQQ:
-82.98%
CVLT:
-8.95%
QQQ:
-4.51%
Returns By Period
In the year-to-date period, CVLT achieves a 7.16% return, which is significantly higher than QQQ's 0.36% return. Over the past 10 years, CVLT has underperformed QQQ with an annualized return of 13.06%, while QQQ has yielded a comparatively higher 18.64% annualized return.
CVLT
7.16%
-2.84%
33.45%
108.23%
28.94%
13.06%
QQQ
0.36%
-4.09%
7.33%
26.75%
18.92%
18.64%
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Risk-Adjusted Performance
CVLT vs. QQQ — Risk-Adjusted Performance Rank
CVLT
QQQ
CVLT vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Commvault Systems, Inc. (CVLT) 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
CVLT vs. QQQ - Dividend Comparison
CVLT has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.55%.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Commvault Systems, 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% |
Invesco QQQ | 0.55% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
CVLT vs. QQQ - Drawdown Comparison
The maximum CVLT drawdown since its inception was -68.89%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for CVLT and QQQ. For additional features, visit the drawdowns tool.
Volatility
CVLT vs. QQQ - Volatility Comparison
Commvault Systems, Inc. (CVLT) has a higher volatility of 10.80% compared to Invesco QQQ (QQQ) at 6.38%. This indicates that CVLT'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.