DSGX vs. QQQ
Compare and contrast key facts about The Descartes Systems Group Inc. (DSGX) 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: DSGX or QQQ.
Correlation
The correlation between DSGX and QQQ is 0.37, 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
DSGX vs. QQQ - Performance Comparison
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Key characteristics
DSGX:
0.59
QQQ:
0.62
DSGX:
0.94
QQQ:
1.05
DSGX:
1.13
QQQ:
1.15
DSGX:
0.69
QQQ:
0.71
DSGX:
1.90
QQQ:
2.31
DSGX:
8.38%
QQQ:
6.97%
DSGX:
27.81%
QQQ:
25.51%
DSGX:
-98.95%
QQQ:
-82.98%
DSGX:
-7.62%
QQQ:
-5.73%
Returns By Period
In the year-to-date period, DSGX achieves a -0.38% return, which is significantly higher than QQQ's -0.51% return. Over the past 10 years, DSGX has outperformed QQQ with an annualized return of 22.15%, while QQQ has yielded a comparatively lower 17.55% annualized return.
DSGX
-0.38%
11.23%
-2.15%
16.23%
21.55%
22.15%
QQQ
-0.51%
11.76%
-0.86%
15.58%
19.11%
17.55%
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Risk-Adjusted Performance
DSGX vs. QQQ — Risk-Adjusted Performance Rank
DSGX
QQQ
DSGX vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for The Descartes Systems Group Inc. (DSGX) 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.
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Dividends
DSGX vs. QQQ - Dividend Comparison
DSGX has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.59%.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
DSGX The Descartes Systems Group 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 | 0.59% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
DSGX vs. QQQ - Drawdown Comparison
The maximum DSGX drawdown since its inception was -98.95%, which is greater than QQQ's maximum drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for DSGX and QQQ. For additional features, visit the drawdowns tool.
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Volatility
DSGX vs. QQQ - Volatility Comparison
The Descartes Systems Group Inc. (DSGX) and Invesco QQQ (QQQ) have volatilities of 7.33% and 7.59%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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