DEO vs. QQQ
Compare and contrast key facts about Diageo plc (DEO) 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: DEO or QQQ.
Correlation
The correlation between DEO and QQQ is 0.35, 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
DEO vs. QQQ - Performance Comparison
Key characteristics
DEO:
-0.54
QQQ:
1.58
DEO:
-0.65
QQQ:
2.13
DEO:
0.92
QQQ:
1.28
DEO:
-0.27
QQQ:
2.13
DEO:
-0.92
QQQ:
7.44
DEO:
12.94%
QQQ:
3.88%
DEO:
21.97%
QQQ:
18.24%
DEO:
-53.18%
QQQ:
-82.98%
DEO:
-42.42%
QQQ:
-2.90%
Returns By Period
In the year-to-date period, DEO achieves a -6.56% return, which is significantly lower than QQQ's 2.06% return. Over the past 10 years, DEO has underperformed QQQ with an annualized return of 2.67%, while QQQ has yielded a comparatively higher 18.47% annualized return.
DEO
-6.56%
-5.32%
-6.64%
-11.62%
-4.53%
2.67%
QQQ
2.06%
0.76%
8.50%
24.61%
19.28%
18.47%
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Risk-Adjusted Performance
DEO vs. QQQ — Risk-Adjusted Performance Rank
DEO
QQQ
DEO vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Diageo plc (DEO) 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
DEO vs. QQQ - Dividend Comparison
DEO's dividend yield for the trailing twelve months is around 3.48%, more than QQQ's 0.55% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DEO Diageo plc | 3.48% | 3.26% | 2.77% | 2.16% | 1.82% | 2.29% | 2.07% | 2.51% | 2.21% | 3.10% | 3.19% | 4.92% |
QQQ 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
DEO vs. QQQ - Drawdown Comparison
The maximum DEO drawdown since its inception was -53.18%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for DEO and QQQ. For additional features, visit the drawdowns tool.
Volatility
DEO vs. QQQ - Volatility Comparison
Diageo plc (DEO) has a higher volatility of 9.18% compared to Invesco QQQ (QQQ) at 6.45%. This indicates that DEO'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.