FOUR vs. QQQ
Compare and contrast key facts about Shift4 Payments, Inc. (FOUR) 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: FOUR or QQQ.
Key characteristics
| FOUR | QQQ | |
|---|---|---|
| YTD Return | -21.51% | 4.38% |
| 1Y Return | -11.36% | 35.44% |
| 3Y Return (Ann) | -16.21% | 8.99% |
| Sharpe Ratio | -0.26 | 2.12 |
| Daily Std Dev | 44.68% | 16.27% |
| Max Drawdown | -69.95% | -82.98% |
| Current Drawdown | -42.46% | -4.36% |
Correlation
The correlation between FOUR and QQQ is 0.49, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
FOUR vs. QQQ - Performance Comparison
In the year-to-date period, FOUR achieves a -21.51% return, which is significantly lower than QQQ's 4.38% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
FOUR vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Shift4 Payments, Inc. (FOUR) 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
FOUR vs. QQQ - Dividend Comparison
FOUR has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.62%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FOUR Shift4 Payments, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQ Invesco QQQ | 0.62% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.01% |
Drawdowns
FOUR vs. QQQ - Drawdown Comparison
The maximum FOUR drawdown since its inception was -69.95%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for FOUR and QQQ. For additional features, visit the drawdowns tool.
Volatility
FOUR vs. QQQ - Volatility Comparison
Shift4 Payments, Inc. (FOUR) has a higher volatility of 9.97% compared to Invesco QQQ (QQQ) at 5.61%. This indicates that FOUR'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.