FL vs. QQQ
Compare and contrast key facts about Foot Locker, Inc. (FL) 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: FL or QQQ.
Correlation
The correlation between FL and QQQ is 0.38, 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
FL vs. QQQ - Performance Comparison
Key characteristics
FL:
-1.00
QQQ:
0.14
FL:
-1.56
QQQ:
0.31
FL:
0.82
QQQ:
1.04
FL:
-0.65
QQQ:
0.17
FL:
-1.85
QQQ:
0.53
FL:
28.15%
QQQ:
5.24%
FL:
52.06%
QQQ:
20.34%
FL:
-88.62%
QQQ:
-82.98%
FL:
-80.13%
QQQ:
-16.35%
Returns By Period
In the year-to-date period, FL achieves a -42.78% return, which is significantly lower than QQQ's -11.72% return. Over the past 10 years, FL has underperformed QQQ with an annualized return of -12.66%, while QQQ has yielded a comparatively higher 16.52% annualized return.
FL
-42.78%
-28.32%
-47.89%
-50.85%
-4.77%
-12.66%
QQQ
-11.72%
-8.92%
-6.13%
2.56%
20.53%
16.52%
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Risk-Adjusted Performance
FL vs. QQQ — Risk-Adjusted Performance Rank
FL
QQQ
FL vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Foot Locker, Inc. (FL) 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
FL vs. QQQ - Dividend Comparison
FL has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.66%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FL Foot Locker, Inc. | 0.00% | 0.00% | 5.14% | 3.97% | 1.95% | 2.30% | 3.81% | 2.53% | 2.57% | 1.52% | 1.49% | 1.53% |
QQQ Invesco QQQ | 0.66% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
FL vs. QQQ - Drawdown Comparison
The maximum FL drawdown since its inception was -88.62%, which is greater than QQQ's maximum drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for FL and QQQ. For additional features, visit the drawdowns tool.
Volatility
FL vs. QQQ - Volatility Comparison
Foot Locker, Inc. (FL) has a higher volatility of 21.56% compared to Invesco QQQ (QQQ) at 9.26%. This indicates that FL'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.