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EQT vs. QQQ
Performance
Return for Risk
Drawdowns
Volatility
Dividends

EQT vs. QQQ

Last updated Jun 26, 2026

EQT (EQT Corporation) is a stock, while QQQ (Invesco QQQ ETF) is Nasdaq-100 fund tracking the NASDAQ-100 Index. Over the past 10 years, EQT returned 3.15%/yr vs 22.36%/yr for QQQ. At a 0.30 correlation, their price movements are largely independent.

Performance

EQT vs. QQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in EQT Corporation (EQT) and Invesco QQQ ETF (QQQ). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, EQT achieves a -3.09% return, which is significantly lower than QQQ's 16.89% return. Over the past 10 years, EQT has underperformed QQQ with an annualized return of 3.15%, while QQQ has yielded a comparatively higher 22.36% annualized return.

EQT

1D
0.33%
1M
-8.11%
YTD
-3.09%
6M
-3.62%
1Y
-10.26%
3Y*
10.26%
5Y*
20.21%
10Y*
3.15%

QQQ

1D
0.81%
1M
-1.80%
YTD
16.89%
6M
15.09%
1Y
33.02%
3Y*
26.78%
5Y*
16.13%
10Y*
22.36%
*Multi-year figures are annualized to reflect compound growth (CAGR)

EQT vs. QQQ - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
EQT
EQT Corporation		-3.09%17.64%21.41%16.20%57.64%71.60%17.27%-41.82%-38.82%-12.80%
QQQ
Invesco QQQ ETF		16.89%20.77%25.58%54.86%-32.58%27.42%48.62%38.96%-0.13%32.66%

Correlation

The correlation between EQT and QQQ is -0.02, 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

-0.02

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

0.14

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

0.22

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

0.21

Correlation (All Time)
Calculated using the full available price history since Mar 10, 1999

0.30

The correlation between EQT and QQQ shifts across timeframes, from -0.02 (1 year) to 0.30 (all time), reflecting how their relationship changes across market environments.

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EQT Corporation

Invesco QQQ ETF

Often compared with EQT:
EQT vs. LNGEQT vs. ETEQT vs. AREQT vs. DVNEQT vs. WMBEQT vs. EXEEQT vs. CRK
Often compared with QQQ:
QQQ vs. SPYQQQ vs. VOOQQQ vs. VGTQQQ vs. TQQQQQQ vs. SMHQQQ vs. QQQMQQQ vs. SPMO

Return for Risk

EQT vs. QQQ — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
EQT
EQT Risk / Return Rank: 2828
Overall Rank
EQT Sharpe Ratio Rank: 3030
Sharpe Ratio Rank
EQT Sortino Ratio Rank: 2727
Sortino Ratio Rank
EQT Omega Ratio Rank: 2727
Omega Ratio Rank
EQT Calmar Ratio Rank: 3030
Calmar Ratio Rank
EQT Martin Ratio Rank: 2626
Martin Ratio Rank
QQQ
QQQ Risk / Return Rank: 6464
Overall Rank
QQQ Sharpe Ratio Rank: 6666
Sharpe Ratio Rank
QQQ Sortino Ratio Rank: 6161
Sortino Ratio Rank
QQQ Omega Ratio Rank: 6363
Omega Ratio Rank
QQQ Calmar Ratio Rank: 6565
Calmar Ratio Rank
QQQ Martin Ratio Rank: 6565
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.

EQT vs. QQQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for EQT Corporation (EQT) 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.

EQTQQQDifference
Sharpe ratioReturn per unit of total volatility
-0.32
1.85

-2.17

Sortino ratioReturn per unit of downside risk
-0.24
2.45

-2.69

Omega ratioGain probability vs. loss probability

0.97

1.33

-0.36

Calmar ratioReturn relative to maximum drawdown

-0.41

2.77

-3.18

Martin ratioReturn relative to average drawdown

-0.88

10.21

-11.10

EQT vs. QQQ - Sharpe Ratio Comparison

The current EQT Sharpe Ratio is -0.32, which is lower than the QQQ Sharpe Ratio of 1.85. The chart below compares the historical Sharpe Ratios of EQT 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.

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Drawdowns

EQT vs. QQQ - Drawdown Comparison

The maximum EQT drawdown since its inception was -91.51%, which is greater than QQQ's maximum drawdown of -82.97%. Use the drawdown chart below to compare losses from any high point for EQT and QQQ.

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Drawdown Indicators

EQTQQQDifference

Max Drawdown

Largest peak-to-trough decline

-91.51%

-82.97%

-8.54%

Max Drawdown (1Y)

Largest decline over 1 year

-25.12%

-11.96%

-13.16%

Max Drawdown (3Y)

Largest decline over 3 years

-31.62%

-22.77%

-8.85%

Max Drawdown (5Y)

Largest decline over 5 years

-42.56%

-35.12%

-7.44%

Max Drawdown (10Y)

Largest decline over 10 years

-88.28%

-35.12%

-53.16%

Current Drawdown

Current decline from peak

-23.75%

-3.89%

-19.86%

Average Drawdown

Average peak-to-trough decline

-23.34%

-32.72%

+9.38%

Ulcer Index

Depth and duration of drawdowns from previous peaks

11.64%

3.24%

+8.40%

Volatility

EQT vs. QQQ - Volatility Comparison

The current volatility for EQT Corporation (EQT) is 6.19%, while Invesco QQQ ETF (QQQ) has a volatility of 9.02%. This indicates that EQT 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.

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Volatility by Period

EQTQQQDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.19%

9.02%

-2.83%

Volatility (6M)

Calculated over the trailing 6-month period

20.87%

14.55%

+6.32%

Volatility (1Y)

Calculated over the trailing 1-year period

32.28%

17.91%

+14.37%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

42.58%

22.69%

+19.89%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

48.91%

22.41%

+26.50%

Dividends

EQT vs. QQQ - Dividend Comparison

EQT's dividend yield for the trailing twelve months is around 1.26%, more than QQQ's 0.42% yield.

PositionTTM20252024202320222021202020192018201720162015
EQT
EQT Corporation		1.26%1.19%1.37%1.57%1.63%0.00%0.24%1.10%0.42%0.21%0.18%0.23%
QQQ
Invesco QQQ ETF		0.42%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

EQT and QQQ have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

QQQ has higher volatility (9.02%) compared to EQT (6.19%). In terms of maximum drawdown, EQT dropped -91.51% vs QQQ's -82.97%.

QQQ currently has the higher Sharpe Ratio (1.85 vs -0.32), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

Portfolio Optimizer

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