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 0.43, 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
DEO vs. QQQ - Performance Comparison
Key characteristics
DEO:
-0.75
QQQ:
0.47
DEO:
-1.00
QQQ:
0.82
DEO:
0.89
QQQ:
1.11
DEO:
-0.37
QQQ:
0.52
DEO:
-1.35
QQQ:
1.79
DEO:
13.76%
QQQ:
6.64%
DEO:
24.88%
QQQ:
25.28%
DEO:
-53.18%
QQQ:
-82.98%
DEO:
-45.59%
QQQ:
-12.28%
Returns By Period
In the year-to-date period, DEO achieves a -11.71% return, which is significantly lower than QQQ's -7.43% return. Over the past 10 years, DEO has underperformed QQQ with an annualized return of 2.53%, while QQQ has yielded a comparatively higher 16.72% annualized return.
DEO
-11.71%
4.79%
-15.78%
-17.48%
-1.66%
2.53%
QQQ
-7.43%
-1.88%
-4.30%
10.31%
17.80%
16.72%
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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 3.74%, more than QQQ's 0.63% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DEO Diageo plc | 3.74% | 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 | 0.63% | 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
The current volatility for Diageo plc (DEO) is 9.20%, while Invesco QQQ (QQQ) has a volatility of 16.86%. This indicates that DEO experiences smaller price fluctuations and is considered to be less risky than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.