Correlation
The correlation between DXYN and QQQ is 0.15, 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.
DXYN vs. QQQ
Compare and contrast key facts about The Dixie Group, Inc. (DXYN) 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: DXYN or QQQ.
Performance
DXYN vs. QQQ - Performance Comparison
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Key characteristics
DXYN:
-0.37
QQQ:
0.62
DXYN:
0.06
QQQ:
0.92
DXYN:
1.01
QQQ:
1.13
DXYN:
-0.44
QQQ:
0.60
DXYN:
-1.31
QQQ:
1.94
DXYN:
33.13%
QQQ:
7.02%
DXYN:
113.37%
QQQ:
25.59%
DXYN:
-97.93%
QQQ:
-82.98%
DXYN:
-97.28%
QQQ:
-3.64%
Returns By Period
In the year-to-date period, DXYN achieves a -19.01% return, which is significantly lower than QQQ's 1.69% return. Over the past 10 years, DXYN has underperformed QQQ with an annualized return of -25.29%, while QQQ has yielded a comparatively higher 17.69% annualized return.
DXYN
-19.01%
-23.49%
-22.60%
-44.96%
-35.85%
-12.68%
-25.29%
QQQ
1.69%
6.19%
2.15%
15.88%
19.78%
18.08%
17.69%
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Risk-Adjusted Performance
DXYN vs. QQQ — Risk-Adjusted Performance Rank
DXYN
QQQ
DXYN vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for The Dixie Group, Inc. (DXYN) 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
DXYN vs. QQQ - Dividend Comparison
DXYN has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.58%.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
DXYN The Dixie 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 | 0.58% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
DXYN vs. QQQ - Drawdown Comparison
The maximum DXYN drawdown since its inception was -97.93%, which is greater than QQQ's maximum drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for DXYN and QQQ.
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Volatility
DXYN vs. QQQ - Volatility Comparison
The Dixie Group, Inc. (DXYN) has a higher volatility of 34.22% compared to Invesco QQQ (QQQ) at 5.62%. This indicates that DXYN's price experiences larger fluctuations and is considered to be riskier than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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