EG vs. QQQ
Compare and contrast key facts about Everest Group Ltd (EG) 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: EG or QQQ.
Key characteristics
| EG | QQQ | |
|---|---|---|
| YTD Return | 5.84% | 25.79% |
| 1Y Return | -2.60% | 36.91% |
| 3Y Return (Ann) | 12.73% | 9.89% |
| 5Y Return (Ann) | 9.02% | 21.42% |
| 10Y Return (Ann) | 10.52% | 18.39% |
| Sharpe Ratio | -0.09 | 2.11 |
| Sortino Ratio | 0.05 | 2.78 |
| Omega Ratio | 1.01 | 1.38 |
| Calmar Ratio | -0.15 | 2.69 |
| Martin Ratio | -0.28 | 9.81 |
| Ulcer Index | 8.26% | 3.72% |
| Daily Std Dev | 25.75% | 17.32% |
| Max Drawdown | -52.96% | -82.98% |
| Current Drawdown | -9.42% | -0.24% |
Correlation
The correlation between EG and QQQ is 0.35, 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
EG vs. QQQ - Performance Comparison
In the year-to-date period, EG achieves a 5.84% return, which is significantly lower than QQQ's 25.79% return. Over the past 10 years, EG has underperformed QQQ with an annualized return of 10.52%, while QQQ has yielded a comparatively higher 18.39% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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
EG vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Everest Group Ltd (EG) 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
EG vs. QQQ - Dividend Comparison
EG's dividend yield for the trailing twelve months is around 2.03%, more than QQQ's 0.59% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EG Everest Group Ltd | 2.03% | 1.92% | 1.96% | 2.26% | 2.65% | 2.08% | 2.43% | 2.28% | 2.17% | 2.18% | 1.88% | 1.41% |
QQQ Invesco QQQ | 0.59% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.02% |
Drawdowns
EG vs. QQQ - Drawdown Comparison
The maximum EG drawdown since its inception was -52.96%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for EG and QQQ. For additional features, visit the drawdowns tool.
Volatility
EG vs. QQQ - Volatility Comparison
Everest Group Ltd (EG) has a higher volatility of 9.03% compared to Invesco QQQ (QQQ) at 5.14%. This indicates that EG'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.