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

Correlation

The correlation between DKNG and QQQ is 0.48, 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.


-0.50.00.51.00.5

Performance

DKNG vs. QQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in DraftKings Inc. (DKNG) 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%AugustSeptemberOctoberNovemberDecember2025
9.87%
9.52%
DKNG
QQQ

Key characteristics

Sharpe Ratio

DKNG:

0.25

QQQ:

1.53

Sortino Ratio

DKNG:

0.63

QQQ:

2.07

Omega Ratio

DKNG:

1.08

QQQ:

1.27

Calmar Ratio

DKNG:

0.18

QQQ:

2.05

Martin Ratio

DKNG:

0.56

QQQ:

7.16

Ulcer Index

DKNG:

18.97%

QQQ:

3.89%

Daily Std Dev

DKNG:

43.19%

QQQ:

18.14%

Max Drawdown

DKNG:

-85.73%

QQQ:

-82.98%

Current Drawdown

DKNG:

-42.33%

QQQ:

-2.33%

Returns By Period

In the year-to-date period, DKNG achieves a 11.59% return, which is significantly higher than QQQ's 2.65% return.


DKNG

YTD

11.59%

1M

2.87%

6M

9.87%

1Y

9.41%

5Y*

N/A

10Y*

N/A

QQQ

YTD

2.65%

1M

1.35%

6M

9.52%

1Y

25.18%

5Y*

19.35%

10Y*

18.53%

*Annualized

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Risk-Adjusted Performance

DKNG vs. QQQ — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DKNG
The Risk-Adjusted Performance Rank of DKNG is 5252
Overall Rank
The Sharpe Ratio Rank of DKNG is 5656
Sharpe Ratio Rank
The Sortino Ratio Rank of DKNG is 5050
Sortino Ratio Rank
The Omega Ratio Rank of DKNG is 4747
Omega Ratio Rank
The Calmar Ratio Rank of DKNG is 5454
Calmar Ratio Rank
The Martin Ratio Rank of DKNG is 5252
Martin Ratio Rank

QQQ
The Risk-Adjusted Performance Rank of QQQ is 5959
Overall Rank
The Sharpe Ratio Rank of QQQ is 6060
Sharpe Ratio Rank
The Sortino Ratio Rank of QQQ is 5656
Sortino Ratio Rank
The Omega Ratio Rank of QQQ is 5959
Omega Ratio Rank
The Calmar Ratio Rank of QQQ is 6262
Calmar Ratio Rank
The Martin Ratio Rank of QQQ is 5959
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

DKNG vs. QQQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for DraftKings Inc. (DKNG) 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 DKNG, currently valued at 0.25, compared to the broader market-2.000.002.004.000.251.53
The chart of Sortino ratio for DKNG, currently valued at 0.63, compared to the broader market-4.00-2.000.002.004.006.000.632.07
The chart of Omega ratio for DKNG, currently valued at 1.08, compared to the broader market0.501.001.502.001.081.27
The chart of Calmar ratio for DKNG, currently valued at 0.18, compared to the broader market0.002.004.006.000.182.05
The chart of Martin ratio for DKNG, currently valued at 0.56, compared to the broader market0.0010.0020.0030.000.567.16
DKNG
QQQ

The current DKNG Sharpe Ratio is 0.25, which is lower than the QQQ Sharpe Ratio of 1.53. The chart below compares the historical Sharpe Ratios of DKNG 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 Ratio0.000.501.001.502.002.50AugustSeptemberOctoberNovemberDecember2025
0.25
1.53
DKNG
QQQ

Dividends

DKNG vs. QQQ - Dividend Comparison

DKNG has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.54%.


TTM20242023202220212020201920182017201620152014
DKNG
DraftKings 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
0.54%0.56%0.62%0.80%0.43%0.55%0.74%0.91%0.84%1.06%0.99%1.41%

Drawdowns

DKNG vs. QQQ - Drawdown Comparison

The maximum DKNG drawdown since its inception was -85.73%, roughly equal to the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for DKNG and QQQ. For additional features, visit the drawdowns tool.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%AugustSeptemberOctoberNovemberDecember2025
-42.33%
-2.33%
DKNG
QQQ

Volatility

DKNG vs. QQQ - Volatility Comparison

DraftKings Inc. (DKNG) has a higher volatility of 12.41% compared to Invesco QQQ (QQQ) at 6.48%. This indicates that DKNG'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.


5.00%10.00%15.00%AugustSeptemberOctoberNovemberDecember2025
12.41%
6.48%
DKNG
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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