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.
Correlation
The correlation between DUK and QQQ is 0.22, 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
Key characteristics
DUK:
0.76
QQQ:
1.48
DUK:
1.17
QQQ:
2.01
DUK:
1.14
QQQ:
1.27
DUK:
0.84
QQQ:
1.98
DUK:
2.92
QQQ:
6.95
DUK:
4.29%
QQQ:
3.87%
DUK:
16.42%
QQQ:
18.17%
DUK:
-71.92%
QQQ:
-82.98%
DUK:
-11.01%
QQQ:
-3.83%
Returns By Period
In the year-to-date period, DUK achieves a -1.20% return, which is significantly lower than QQQ's 1.07% return. Over the past 10 years, DUK has underperformed QQQ with an annualized return of 6.37%, while QQQ has yielded a comparatively higher 18.73% annualized return.
DUK
-1.20%
-0.92%
0.88%
13.02%
6.86%
6.37%
QQQ
1.07%
-3.83%
7.57%
26.92%
19.10%
18.73%
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Risk-Adjusted Performance
DUK vs. QQQ — Risk-Adjusted Performance Rank
DUK
QQQ
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 3.89%, more than QQQ's 0.55% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DUK Duke Energy Corporation | 3.89% | 3.84% | 4.18% | 3.86% | 3.72% | 4.17% | 4.11% | 4.21% | 4.15% | 4.33% | 4.54% | 3.77% |
QQQ Invesco QQQ | 0.55% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
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 4.40%, while Invesco QQQ (QQQ) has a volatility of 6.42%. 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.