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.
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
Key characteristics
EG:
-0.15
QQQ:
0.17
EG:
-0.04
QQQ:
0.42
EG:
0.99
QQQ:
1.06
EG:
-0.21
QQQ:
0.19
EG:
-0.46
QQQ:
0.72
EG:
8.64%
QQQ:
6.00%
EG:
25.53%
QQQ:
24.85%
EG:
-52.96%
QQQ:
-82.98%
EG:
-13.20%
QQQ:
-15.65%
Returns By Period
In the year-to-date period, EG achieves a -3.02% return, which is significantly higher than QQQ's -10.98% return. Over the past 10 years, EG has underperformed QQQ with an annualized return of 9.12%, while QQQ has yielded a comparatively higher 16.44% annualized return.
EG
-3.02%
-2.00%
-10.31%
-1.32%
14.04%
9.12%
QQQ
-10.98%
-5.13%
-7.61%
4.31%
17.28%
16.44%
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Risk-Adjusted Performance
EG vs. QQQ — Risk-Adjusted Performance Rank
EG
QQQ
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 2.29%, more than QQQ's 0.66% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EG Everest Group Ltd | 2.29% | 2.14% | 1.92% | 1.96% | 2.26% | 2.65% | 2.08% | 2.43% | 2.28% | 2.17% | 2.18% | 1.88% |
QQQ Invesco QQQ | 0.66% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
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
The current volatility for Everest Group Ltd (EG) is 11.27%, while Invesco QQQ (QQQ) has a volatility of 16.31%. This indicates that EG 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.