Correlation
The correlation between EG and QQQ is 0.47, 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.
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.
Performance
EG vs. QQQ - Performance Comparison
Loading data...
Key characteristics
EG:
-0.28
QQQ:
0.57
EG:
-0.30
QQQ:
0.95
EG:
0.96
QQQ:
1.13
EG:
-0.48
QQQ:
0.62
EG:
-0.93
QQQ:
2.03
EG:
9.85%
QQQ:
7.02%
EG:
26.53%
QQQ:
25.60%
EG:
-52.96%
QQQ:
-82.98%
EG:
-13.49%
QQQ:
-3.49%
Returns By Period
In the year-to-date period, EG achieves a -3.35% return, which is significantly lower than QQQ's 1.85% return. Over the past 10 years, EG has underperformed QQQ with an annualized return of 9.10%, while QQQ has yielded a comparatively higher 17.67% annualized return.
EG
-3.35%
-3.04%
-9.94%
-7.50%
8.92%
14.27%
9.10%
QQQ
1.85%
9.34%
3.21%
14.61%
19.74%
18.12%
17.67%
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 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.
Loading data...
Dividends
EG vs. QQQ - Dividend Comparison
EG's dividend yield for the trailing twelve months is around 2.31%, more than QQQ's 0.57% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EG Everest Group Ltd | 2.31% | 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 | 0.57% | 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.
Loading data...
Volatility
EG vs. QQQ - Volatility Comparison
Everest Group Ltd (EG) has a higher volatility of 9.19% compared to Invesco QQQ (QQQ) at 5.60%. 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.
Loading data...