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EWBC vs. QQQ
Performance
Return for Risk
Drawdowns
Volatility
Dividends

EWBC vs. QQQ

Last updated Jun 24, 2026

EWBC (East West Bancorp, Inc.) is a stock, while QQQ (Invesco QQQ ETF) is Nasdaq-100 fund tracking the NASDAQ-100 Index. Over the past 10 years, EWBC returned 17.11%/yr vs 22.07%/yr for QQQ. At a 0.40 correlation, their price movements are largely independent.

Performance

EWBC vs. QQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in East West Bancorp, Inc. (EWBC) 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, EWBC achieves a 18.03% return, which is significantly higher than QQQ's 16.45% return. Over the past 10 years, EWBC has underperformed QQQ with an annualized return of 17.11%, while QQQ has yielded a comparatively higher 22.07% annualized return.

EWBC

1D
1.36%
1M
6.31%
YTD
18.03%
6M
14.78%
1Y
37.69%
3Y*
42.23%
5Y*
15.35%
10Y*
17.11%

QQQ

1D
-3.29%
1M
-0.43%
YTD
16.45%
6M
14.99%
1Y
34.88%
3Y*
26.05%
5Y*
16.01%
10Y*
22.07%
*Multi-year figures are annualized to reflect compound growth (CAGR)

EWBC vs. QQQ - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
EWBC
East West Bancorp, Inc.		18.03%20.31%36.76%12.75%-14.44%57.98%7.23%14.34%-27.44%21.38%
QQQ
Invesco QQQ ETF		16.45%20.77%25.58%54.86%-32.58%27.42%48.62%38.96%-0.13%32.66%

Correlation

The correlation between EWBC and QQQ is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.

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

0.29

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

0.35

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

0.46

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

0.39

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

0.40

The correlation between EWBC and QQQ shifts across timeframes, from 0.29 (1 year) to 0.46 (5 years), reflecting how their relationship changes across market environments.

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East West Bancorp, Inc.

Invesco QQQ ETF

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Return for Risk

EWBC vs. QQQ — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
EWBC
EWBC Risk / Return Rank: 7979
Overall Rank
EWBC Sharpe Ratio Rank: 8282
Sharpe Ratio Rank
EWBC Sortino Ratio Rank: 7676
Sortino Ratio Rank
EWBC Omega Ratio Rank: 7575
Omega Ratio Rank
EWBC Calmar Ratio Rank: 7979
Calmar Ratio Rank
EWBC Martin Ratio Rank: 8181
Martin Ratio Rank
QQQ
QQQ Risk / Return Rank: 5959
Overall Rank
QQQ Sharpe Ratio Rank: 6161
Sharpe Ratio Rank
QQQ Sortino Ratio Rank: 5555
Sortino Ratio Rank
QQQ Omega Ratio Rank: 5858
Omega Ratio Rank
QQQ Calmar Ratio Rank: 6161
Calmar Ratio Rank
QQQ Martin Ratio Rank: 6262
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.

EWBC vs. QQQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for East West Bancorp, Inc. (EWBC) 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.

EWBCQQQDifference
Sharpe ratioReturn per unit of total volatility
1.46
1.95

-0.50

Sortino ratioReturn per unit of downside risk
1.99
2.57

-0.58

Omega ratioGain probability vs. loss probability

1.25

1.35

-0.09

Calmar ratioReturn relative to maximum drawdown

2.41

2.93

-0.52

Martin ratioReturn relative to average drawdown

6.49

10.86

-4.38

EWBC vs. QQQ - Sharpe Ratio Comparison

The current EWBC Sharpe Ratio is 1.46, which is comparable to the QQQ Sharpe Ratio of 1.95. The chart below compares the historical Sharpe Ratios of EWBC 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

EWBC vs. QQQ - Drawdown Comparison

The maximum EWBC drawdown since its inception was -92.14%, which is greater than QQQ's maximum drawdown of -82.97%. Use the drawdown chart below to compare losses from any high point for EWBC and QQQ.

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Drawdown Indicators

EWBCQQQDifference

Max Drawdown

Largest peak-to-trough decline

-92.14%

-82.97%

-9.17%

Max Drawdown (1Y)

Largest decline over 1 year

-15.71%

-11.96%

-3.75%

Max Drawdown (3Y)

Largest decline over 3 years

-35.77%

-22.77%

-13.00%

Max Drawdown (5Y)

Largest decline over 5 years

-54.06%

-35.12%

-18.94%

Max Drawdown (10Y)

Largest decline over 10 years

-67.67%

-35.12%

-32.55%

Current Drawdown

Current decline from peak

-1.31%

-4.25%

+2.94%

Average Drawdown

Average peak-to-trough decline

-22.79%

-32.73%

+9.94%

Ulcer Index

Depth and duration of drawdowns from previous peaks

5.82%

3.22%

+2.60%

Volatility

EWBC vs. QQQ - Volatility Comparison

The current volatility for East West Bancorp, Inc. (EWBC) is 6.43%, while Invesco QQQ ETF (QQQ) has a volatility of 9.17%. This indicates that EWBC 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

EWBCQQQDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.43%

9.17%

-2.74%

Volatility (6M)

Calculated over the trailing 6-month period

17.87%

14.57%

+3.30%

Volatility (1Y)

Calculated over the trailing 1-year period

26.12%

17.96%

+8.16%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

36.17%

22.69%

+13.48%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

37.84%

22.42%

+15.42%

Dividends

EWBC vs. QQQ - Dividend Comparison

EWBC's dividend yield for the trailing twelve months is around 2.14%, more than QQQ's 0.43% yield.

PositionTTM20252024202320222021202020192018201720162015
EWBC
East West Bancorp, Inc.		2.14%2.14%2.30%2.67%2.43%1.68%2.17%2.17%1.98%1.32%1.57%1.92%
QQQ
Invesco QQQ ETF		0.43%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

EWBC and QQQ have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

QQQ has higher volatility (9.17%) compared to EWBC (6.43%). In terms of maximum drawdown, EWBC dropped -92.14% vs QQQ's -82.97%.

QQQ currently has the higher Sharpe Ratio (1.95 vs 1.46), 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.

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