DY vs. QQQ
Compare and contrast key facts about Dycom Industries, Inc. (DY) 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: DY or QQQ.
Correlation
The correlation between DY and QQQ is 0.52, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
DY vs. QQQ - Performance Comparison
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Key characteristics
DY:
0.69
QQQ:
0.67
DY:
1.14
QQQ:
1.12
DY:
1.15
QQQ:
1.16
DY:
0.87
QQQ:
0.77
DY:
2.27
QQQ:
2.53
DY:
12.53%
QQQ:
6.97%
DY:
43.06%
QQQ:
25.50%
DY:
-93.54%
QQQ:
-82.98%
DY:
-4.35%
QQQ:
-4.29%
Returns By Period
In the year-to-date period, DY achieves a 11.45% return, which is significantly higher than QQQ's 1.00% return. Over the past 10 years, DY has underperformed QQQ with an annualized return of 15.22%, while QQQ has yielded a comparatively higher 17.72% annualized return.
DY
11.45%
26.57%
2.51%
29.56%
48.37%
15.22%
QQQ
1.00%
13.47%
0.83%
17.08%
19.20%
17.72%
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Risk-Adjusted Performance
DY vs. QQQ — Risk-Adjusted Performance Rank
DY
QQQ
DY vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Dycom Industries, Inc. (DY) 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
DY vs. QQQ - Dividend Comparison
DY 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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
DY Dycom Industries, 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
DY vs. QQQ - Drawdown Comparison
The maximum DY drawdown since its inception was -93.54%, which is greater than QQQ's maximum drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for DY and QQQ. For additional features, visit the drawdowns tool.
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Volatility
DY vs. QQQ - Volatility Comparison
The current volatility for Dycom Industries, Inc. (DY) is 6.90%, while Invesco QQQ (QQQ) has a volatility of 7.54%. This indicates that DY 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.
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