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 0.38, 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
Key characteristics
DSGX:
0.53
QQQ:
0.17
DSGX:
0.87
QQQ:
0.42
DSGX:
1.12
QQQ:
1.06
DSGX:
0.62
QQQ:
0.19
DSGX:
1.96
QQQ:
0.72
DSGX:
7.37%
QQQ:
6.00%
DSGX:
27.41%
QQQ:
24.85%
DSGX:
-98.95%
QQQ:
-82.98%
DSGX:
-16.95%
QQQ:
-15.65%
Returns By Period
In the year-to-date period, DSGX achieves a -10.44% return, which is significantly higher than QQQ's -10.98% return. Over the past 10 years, DSGX has outperformed QQQ with an annualized return of 20.12%, while QQQ has yielded a comparatively lower 16.44% annualized return.
DSGX
-10.44%
2.36%
-3.75%
14.69%
21.01%
20.12%
QQQ
-10.98%
-5.13%
-7.61%
4.31%
17.28%
16.44%
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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.
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 0.66%.
| 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 | 0.66% | 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.
Volatility
DSGX vs. QQQ - Volatility Comparison
The current volatility for The Descartes Systems Group Inc. (DSGX) is 12.65%, while Invesco QQQ (QQQ) has a volatility of 16.31%. This indicates that DSGX 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.