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 0.34, 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:
1.22
QQQ:
0.45
DUK:
1.81
QQQ:
0.81
DUK:
1.22
QQQ:
1.11
DUK:
1.92
QQQ:
0.51
DUK:
4.90
QQQ:
1.65
DUK:
4.54%
QQQ:
6.96%
DUK:
17.59%
QQQ:
25.14%
DUK:
-71.92%
QQQ:
-82.98%
DUK:
-3.00%
QQQ:
-9.42%
Returns By Period
In the year-to-date period, DUK achieves a 12.72% return, which is significantly higher than QQQ's -4.41% return. Over the past 10 years, DUK has underperformed QQQ with an annualized return of 9.16%, while QQQ has yielded a comparatively higher 17.26% annualized return.
DUK
12.72%
3.46%
8.28%
21.32%
12.53%
9.16%
QQQ
-4.41%
4.71%
-4.80%
11.32%
17.54%
17.26%
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
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 3.46%, more than QQQ's 0.61% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DUK Duke Energy Corporation | 3.46% | 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 | 0.61% | 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 4.97%, while Invesco QQQ (QQQ) has a volatility of 8.24%. 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.