PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
ENEL.MI vs. QQQ
Performance
Return for Risk
Drawdowns
Volatility
Dividends

ENEL.MI vs. QQQ

Last updated Jun 13, 2026

ENEL.MI (Enel SpA) is a stock, while QQQ (Invesco QQQ ETF) is Nasdaq-100 fund tracking the NASDAQ-100 Index. Over the past 10 years, ENEL.MI returned 15.79%/yr vs 21.40%/yr for QQQ. At a 0.25 correlation, their price movements are largely independent.

Performance

ENEL.MI vs. QQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Enel SpA (ENEL.MI) and Invesco QQQ ETF (QQQ). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Different Trading Currencies

ENEL.MI is traded in EUR, while QQQ is traded in USD. To make them comparable, the QQQ values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, ENEL.MI achieves a 13.01% return, which is significantly lower than QQQ's 19.38% return. Over the past 10 years, ENEL.MI has underperformed QQQ with an annualized return of 15.79%, while QQQ has yielded a comparatively higher 21.40% annualized return.

ENEL.MI

1D
1.35%
1M
0.72%
YTD
13.01%
6M
15.09%
1Y
29.94%
3Y*
24.05%
5Y*
10.38%
10Y*
15.79%

QQQ

1D
0.67%
1M
1.10%
YTD
19.38%
6M
19.60%
1Y
37.34%
3Y*
23.53%
5Y*
17.92%
10Y*
21.40%
*Multi-year figures are annualized to reflect compound growth (CAGR)

ENEL.MI vs. QQQ - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
ENEL.MI
Enel SpA		13.01%36.75%8.35%42.63%-23.74%-11.11%22.02%47.36%2.97%27.49%
QQQ
Invesco QQQ ETF		19.38%6.44%33.87%50.21%-28.40%36.95%36.37%42.10%4.56%16.36%

Correlation

The correlation between ENEL.MI and QQQ is 0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.08

Correlation (3Y)
Calculated over the trailing 3-year period

0.04

Correlation (5Y)
Calculated over the trailing 5-year period

0.15

Correlation (10Y)
Calculated over the trailing 10-year period

0.19

Correlation (All Time)
Calculated using the full available price history since Sep 5, 2007

0.25

The correlation between ENEL.MI and QQQ shifts across timeframes, from 0.04 (3 years) to 0.25 (all time), reflecting how their relationship changes across market environments.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Enel SpA

Invesco QQQ ETF

Often compared with ENEL.MI:
ENEL.MI vs. ENI.MIENEL.MI vs. ENLAYENEL.MI vs. TRN.MIENEL.MI vs. PST.MIENEL.MI vs. DBXI.DEENEL.MI vs. EDPFYENEL.MI vs. ENI.DE
Often compared with QQQ:
QQQ vs. SPYQQQ vs. VOOQQQ vs. VGTQQQ vs. TQQQQQQ vs. SMHQQQ vs. QQQMQQQ vs. QQQI

Return for Risk

ENEL.MI vs. QQQ — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
ENEL.MI
ENEL.MI Risk / Return Rank: 8282
Overall Rank
ENEL.MI Sharpe Ratio Rank: 8383
Sharpe Ratio Rank
ENEL.MI Sortino Ratio Rank: 7979
Sortino Ratio Rank
ENEL.MI Omega Ratio Rank: 8080
Omega Ratio Rank
ENEL.MI Calmar Ratio Rank: 8181
Calmar Ratio Rank
ENEL.MI Martin Ratio Rank: 8484
Martin Ratio Rank
QQQ
QQQ Risk / Return Rank: 7171
Overall Rank
QQQ Sharpe Ratio Rank: 7575
Sharpe Ratio Rank
QQQ Sortino Ratio Rank: 7070
Sortino Ratio Rank
QQQ Omega Ratio Rank: 7373
Omega Ratio Rank
QQQ Calmar Ratio Rank: 6969
Calmar Ratio Rank
QQQ Martin Ratio Rank: 7070
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ENEL.MI vs. QQQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Enel SpA (ENEL.MI) and Invesco QQQ ETF (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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

ENEL.MIQQQDifference
Sharpe ratioReturn per unit of total volatility
1.51
2.13

-0.61

Sortino ratioReturn per unit of downside risk
2.11
2.70

-0.58

Omega ratioGain probability vs. loss probability

1.29

1.37

-0.09

Calmar ratioReturn relative to maximum drawdown

2.65

3.29

-0.64

Martin ratioReturn relative to average drawdown

7.83

10.16

-2.34

ENEL.MI vs. QQQ - Sharpe Ratio Comparison

The current ENEL.MI Sharpe Ratio is 1.51, which is comparable to the QQQ Sharpe Ratio of 2.13. The chart below compares the historical Sharpe Ratios of ENEL.MI and QQQ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Drawdowns

ENEL.MI vs. QQQ - Drawdown Comparison

The maximum ENEL.MI drawdown since its inception was -56.40%, which is greater than QQQ's maximum drawdown of -46.01%. Use the drawdown chart below to compare losses from any high point for ENEL.MI and QQQ.

Loading charts...

Drawdown Indicators

ENEL.MIQQQDifference

Max Drawdown

Largest peak-to-trough decline

-56.40%

-46.01%

-10.39%

Max Drawdown (1Y)

Largest decline over 1 year

-10.99%

-11.01%

+0.02%

Max Drawdown (3Y)

Largest decline over 3 years

-13.88%

-27.21%

+13.33%

Max Drawdown (5Y)

Largest decline over 5 years

-47.08%

-30.99%

-16.09%

Max Drawdown (10Y)

Largest decline over 10 years

-50.13%

-30.99%

-19.14%

Current Drawdown

Current decline from peak

-3.93%

-2.83%

-1.10%

Average Drawdown

Average peak-to-trough decline

-15.15%

-7.79%

-7.36%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.72%

3.56%

+0.16%

Volatility

ENEL.MI vs. QQQ - Volatility Comparison

The current volatility for Enel SpA (ENEL.MI) is 5.33%, while Invesco QQQ ETF (QQQ) has a volatility of 6.71%. This indicates that ENEL.MI 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.

Loading charts...

Volatility by Period

ENEL.MIQQQDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.33%

6.71%

-1.38%

Volatility (6M)

Calculated over the trailing 6-month period

17.28%

12.91%

+4.37%

Volatility (1Y)

Calculated over the trailing 1-year period

19.27%

17.05%

+2.22%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

21.09%

22.17%

-1.08%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

22.78%

22.67%

+0.11%

Dividends

ENEL.MI vs. QQQ - Dividend Comparison

ENEL.MI's dividend yield for the trailing twelve months is around 4.95%, more than QQQ's 0.39% yield.

PositionTTM20252024202320222021202020192018201720162015
ENEL.MI
Enel SpA		4.95%4.98%5.44%5.56%7.55%5.08%3.96%3.96%4.70%3.51%3.82%3.60%
QQQ
Invesco QQQ ETF		0.39%0.45%0.56%0.62%0.80%0.43%0.55%0.74%0.91%0.84%1.06%0.99%

Frequently Asked Questions

ENEL.MI and QQQ have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Portfolio Optimizer

Find the right allocation for ENEL.MI and QQQ

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer