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 | 11.57% | 15.46% |
| 1Y Return | 1.94% | 28.15% |
| 3Y Return (Ann) | 17.40% | 8.77% |
| 5Y Return (Ann) | 10.51% | 20.70% |
| 10Y Return (Ann) | 11.60% | 17.75% |
| Sharpe Ratio | 0.13 | 1.58 |
| Daily Std Dev | 23.84% | 17.69% |
| Max Drawdown | -52.96% | -82.98% |
| Current Drawdown | -4.45% | -6.27% |
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 11.57% return, which is significantly lower than QQQ's 15.46% return. Over the past 10 years, EG has underperformed QQQ with an annualized return of 11.60%, while QQQ has yielded a comparatively higher 17.75% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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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 1.93%, more than QQQ's 0.50% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EG Everest Group Ltd | 1.93% | 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 | 0.50% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.01% |
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 4.44%, while Invesco QQQ (QQQ) has a volatility of 5.90%. 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.