DUK vs. QQQ
Compare and contrast key facts about Duke Energy Corporation (DUK) 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: DUK or QQQ.
Key characteristics
| DUK | QQQ | |
|---|---|---|
| YTD Return | 3.50% | 4.38% |
| 1Y Return | 6.65% | 35.44% |
| 3Y Return (Ann) | 3.65% | 8.99% |
| 5Y Return (Ann) | 6.26% | 18.27% |
| 10Y Return (Ann) | 7.50% | 18.12% |
| Sharpe Ratio | 0.37 | 2.12 |
| Daily Std Dev | 17.33% | 16.27% |
| Max Drawdown | -71.92% | -82.98% |
| Current Drawdown | -6.53% | -4.36% |
Correlation
The correlation between DUK and QQQ is 0.23, 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
DUK vs. QQQ - Performance Comparison
In the year-to-date period, DUK achieves a 3.50% return, which is significantly lower than QQQ's 4.38% return. Over the past 10 years, DUK has underperformed QQQ with an annualized return of 7.50%, while QQQ has yielded a comparatively higher 18.12% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
DUK vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Duke Energy Corporation (DUK) 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
DUK vs. QQQ - Dividend Comparison
DUK's dividend yield for the trailing twelve months is around 4.11%, more than QQQ's 0.62% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DUK Duke Energy Corporation | 4.11% | 4.18% | 3.86% | 3.72% | 4.17% | 4.11% | 4.21% | 4.15% | 4.33% | 4.54% | 3.77% | 4.48% |
QQQ Invesco QQQ | 0.62% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.01% |
Drawdowns
DUK vs. QQQ - Drawdown Comparison
The maximum DUK drawdown since its inception was -71.92%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for DUK and QQQ. For additional features, visit the drawdowns tool.
Volatility
DUK vs. QQQ - Volatility Comparison
The current volatility for Duke Energy Corporation (DUK) is 5.08%, while Invesco QQQ (QQQ) has a volatility of 5.61%. This indicates that DUK 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.