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:
-0.47
QQQ:
1.64
DEO:
-0.56
QQQ:
2.19
DEO:
0.94
QQQ:
1.30
DEO:
-0.23
QQQ:
2.16
DEO:
-0.80
QQQ:
7.79
DEO:
12.05%
QQQ:
3.76%
DEO:
20.74%
QQQ:
17.85%
DEO:
-53.18%
QQQ:
-82.98%
DEO:
-39.18%
QQQ:
-3.63%
Returns By Period
In the year-to-date period, DEO achieves a -11.27% return, which is significantly lower than QQQ's 27.20% return. Over the past 10 years, DEO has underperformed QQQ with an annualized return of 3.39%, while QQQ has yielded a comparatively higher 18.36% annualized return.
DEO
-11.27%
5.04%
-1.87%
-11.02%
-3.16%
3.39%
QQQ
27.20%
3.08%
8.34%
27.81%
20.44%
18.36%
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Risk-Adjusted Performance
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 3.30%, more than QQQ's 0.43% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DEO Diageo plc | 3.30% | 2.77% | 2.16% | 1.82% | 2.29% | 2.07% | 2.51% | 2.21% | 3.10% | 3.19% | 4.92% | 2.21% |
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
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 7.34% compared to Invesco QQQ (QQQ) at 5.29%. 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.