FNV.TO vs. QQQ
Compare and contrast key facts about Franco-Nevada Corporation (FNV.TO) 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: FNV.TO or QQQ.
Correlation
The correlation between FNV.TO and QQQ is 0.19, 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
FNV.TO vs. QQQ - Performance Comparison
Key characteristics
FNV.TO:
1.76
QQQ:
0.49
FNV.TO:
2.21
QQQ:
0.85
FNV.TO:
1.31
QQQ:
1.12
FNV.TO:
1.90
QQQ:
0.54
FNV.TO:
7.71
QQQ:
1.86
FNV.TO:
6.14%
QQQ:
6.59%
FNV.TO:
26.93%
QQQ:
25.26%
FNV.TO:
-47.77%
QQQ:
-82.98%
FNV.TO:
-0.89%
QQQ:
-13.25%
Returns By Period
In the year-to-date period, FNV.TO achieves a 41.02% return, which is significantly higher than QQQ's -8.45% return. Both investments have delivered pretty close results over the past 10 years, with FNV.TO having a 16.07% annualized return and QQQ not far ahead at 16.49%.
FNV.TO
41.02%
6.78%
27.01%
47.45%
5.40%
16.07%
QQQ
-8.45%
-5.29%
-4.78%
10.24%
17.72%
16.49%
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Risk-Adjusted Performance
FNV.TO vs. QQQ — Risk-Adjusted Performance Rank
FNV.TO
QQQ
FNV.TO vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Franco-Nevada Corporation (FNV.TO) 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
FNV.TO vs. QQQ - Dividend Comparison
FNV.TO's dividend yield for the trailing twelve months is around 0.86%, more than QQQ's 0.64% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FNV.TO Franco-Nevada Corporation | 0.86% | 1.17% | 1.25% | 0.91% | 0.83% | 0.86% | 0.92% | 1.65% | 0.91% | 1.08% | 1.31% | 1.40% |
QQQ Invesco QQQ | 0.64% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
FNV.TO vs. QQQ - Drawdown Comparison
The maximum FNV.TO drawdown since its inception was -47.77%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for FNV.TO and QQQ. For additional features, visit the drawdowns tool.
Volatility
FNV.TO vs. QQQ - Volatility Comparison
The current volatility for Franco-Nevada Corporation (FNV.TO) is 13.74%, while Invesco QQQ (QQQ) has a volatility of 16.89%. This indicates that FNV.TO 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.