DOOO vs. QQQ
Compare and contrast key facts about BRP Inc. (DOOO) 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: DOOO or QQQ.
Correlation
The correlation between DOOO and QQQ is 0.40, 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
DOOO vs. QQQ - Performance Comparison
Loading data...
Key characteristics
DOOO:
-1.05
QQQ:
0.64
DOOO:
-1.62
QQQ:
1.04
DOOO:
0.81
QQQ:
1.15
DOOO:
-0.68
QQQ:
0.70
DOOO:
-1.46
QQQ:
2.29
DOOO:
31.11%
QQQ:
6.99%
DOOO:
42.69%
QQQ:
25.51%
DOOO:
-75.49%
QQQ:
-82.98%
DOOO:
-61.80%
QQQ:
-3.10%
Returns By Period
In the year-to-date period, DOOO achieves a -26.06% return, which is significantly lower than QQQ's 2.26% return. Over the past 10 years, DOOO has underperformed QQQ with an annualized return of 5.74%, while QQQ has yielded a comparatively higher 17.72% annualized return.
DOOO
-26.06%
15.44%
-21.72%
-44.57%
-17.79%
4.60%
5.74%
QQQ
2.26%
17.54%
4.72%
16.26%
22.66%
18.41%
17.72%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
DOOO vs. QQQ — Risk-Adjusted Performance Rank
DOOO
QQQ
DOOO vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BRP Inc. (DOOO) 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.
Loading data...
Dividends
DOOO vs. QQQ - Dividend Comparison
DOOO's dividend yield for the trailing twelve months is around 1.62%, more than QQQ's 0.57% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
DOOO BRP Inc. | 1.62% | 1.20% | 0.75% | 0.78% | 0.56% | 0.13% | 0.88% | 1.05% | 0.51% | 0.00% | 0.00% | 0.00% |
QQQ Invesco QQQ | 0.57% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
DOOO vs. QQQ - Drawdown Comparison
The maximum DOOO drawdown since its inception was -75.49%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for DOOO and QQQ. For additional features, visit the drawdowns tool.
Loading data...
Volatility
DOOO vs. QQQ - Volatility Comparison
BRP Inc. (DOOO) has a higher volatility of 8.45% compared to Invesco QQQ (QQQ) at 6.48%. This indicates that DOOO'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.
Loading data...