FIBK vs. QQQ
Compare and contrast key facts about First Interstate BancSystem, Inc. (FIBK) 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: FIBK or QQQ.
Correlation
The correlation between FIBK and QQQ is 0.37, 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
FIBK vs. QQQ - Performance Comparison
Key characteristics
FIBK:
0.39
QQQ:
1.64
FIBK:
0.81
QQQ:
2.19
FIBK:
1.10
QQQ:
1.30
FIBK:
0.30
QQQ:
2.16
FIBK:
1.20
QQQ:
7.79
FIBK:
11.08%
QQQ:
3.76%
FIBK:
34.42%
QQQ:
17.85%
FIBK:
-52.45%
QQQ:
-82.98%
FIBK:
-21.03%
QQQ:
-3.63%
Returns By Period
In the year-to-date period, FIBK achieves a 13.53% return, which is significantly lower than QQQ's 27.20% return. Over the past 10 years, FIBK has underperformed QQQ with an annualized return of 6.04%, while QQQ has yielded a comparatively higher 18.36% annualized return.
FIBK
13.53%
-2.25%
29.65%
12.73%
0.24%
6.04%
QQQ
27.20%
3.08%
8.34%
27.81%
20.44%
18.36%
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Risk-Adjusted Performance
FIBK vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Interstate BancSystem, Inc. (FIBK) 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
FIBK vs. QQQ - Dividend Comparison
FIBK's dividend yield for the trailing twelve months is around 5.76%, more than QQQ's 0.43% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIBK First Interstate BancSystem, Inc. | 5.76% | 6.11% | 4.40% | 4.03% | 4.91% | 2.96% | 3.06% | 2.40% | 2.07% | 2.75% | 2.30% | 1.45% |
QQQ Invesco QQQ | 0.43% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.02% |
Drawdowns
FIBK vs. QQQ - Drawdown Comparison
The maximum FIBK drawdown since its inception was -52.45%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for FIBK and QQQ. For additional features, visit the drawdowns tool.
Volatility
FIBK vs. QQQ - Volatility Comparison
First Interstate BancSystem, Inc. (FIBK) has a higher volatility of 8.63% compared to Invesco QQQ (QQQ) at 5.29%. This indicates that FIBK'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.