ESLT vs. QQQ
Compare and contrast key facts about Elbit Systems Ltd (ESLT) 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: ESLT or QQQ.
Correlation
The correlation between ESLT and QQQ is 0.32, 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
ESLT vs. QQQ - Performance Comparison
Key characteristics
ESLT:
3.76
QQQ:
0.15
ESLT:
5.17
QQQ:
0.38
ESLT:
1.67
QQQ:
1.05
ESLT:
3.97
QQQ:
0.16
ESLT:
21.43
QQQ:
0.58
ESLT:
4.88%
QQQ:
6.25%
ESLT:
27.77%
QQQ:
24.88%
ESLT:
-53.77%
QQQ:
-82.98%
ESLT:
-1.64%
QQQ:
-17.56%
Returns By Period
In the year-to-date period, ESLT achieves a 57.41% return, which is significantly higher than QQQ's -13.00% return. Over the past 10 years, ESLT has outperformed QQQ with an annualized return of 19.12%, while QQQ has yielded a comparatively lower 16.13% annualized return.
ESLT
57.41%
-1.07%
91.74%
104.76%
28.75%
19.12%
QQQ
-13.00%
-7.51%
-9.91%
5.53%
16.35%
16.13%
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Risk-Adjusted Performance
ESLT vs. QQQ — Risk-Adjusted Performance Rank
ESLT
QQQ
ESLT vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Elbit Systems Ltd (ESLT) 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
ESLT vs. QQQ - Dividend Comparison
ESLT's dividend yield for the trailing twelve months is around 0.49%, less than QQQ's 0.67% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ESLT Elbit Systems Ltd | 0.49% | 0.77% | 0.94% | 1.22% | 1.03% | 1.28% | 1.14% | 1.54% | 1.32% | 1.57% | 1.63% | 2.07% |
QQQ Invesco QQQ | 0.67% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
ESLT vs. QQQ - Drawdown Comparison
The maximum ESLT drawdown since its inception was -53.77%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for ESLT and QQQ. For additional features, visit the drawdowns tool.
Volatility
ESLT vs. QQQ - Volatility Comparison
The current volatility for Elbit Systems Ltd (ESLT) is 10.17%, while Invesco QQQ (QQQ) has a volatility of 16.19%. This indicates that ESLT 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.