FOXA vs. QQQ
Compare and contrast key facts about Fox Corporation (FOXA) 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: FOXA or QQQ.
Correlation
The correlation between FOXA and QQQ is 0.45, 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
FOXA vs. QQQ - Performance Comparison
Key characteristics
FOXA:
2.15
QQQ:
0.47
FOXA:
3.01
QQQ:
0.81
FOXA:
1.43
QQQ:
1.11
FOXA:
2.38
QQQ:
0.51
FOXA:
10.71
QQQ:
1.67
FOXA:
5.29%
QQQ:
6.93%
FOXA:
25.32%
QQQ:
25.14%
FOXA:
-50.55%
QQQ:
-82.98%
FOXA:
-12.65%
QQQ:
-9.36%
Returns By Period
In the year-to-date period, FOXA achieves a 4.29% return, which is significantly higher than QQQ's -4.34% return.
FOXA
4.29%
6.26%
13.42%
53.80%
15.80%
N/A
QQQ
-4.34%
17.36%
-4.62%
11.64%
17.57%
17.21%
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Risk-Adjusted Performance
FOXA vs. QQQ — Risk-Adjusted Performance Rank
FOXA
QQQ
FOXA vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fox Corporation (FOXA) 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
FOXA vs. QQQ - Dividend Comparison
FOXA's dividend yield for the trailing twelve months is around 1.07%, more than QQQ's 0.61% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FOXA Fox Corporation | 1.07% | 1.09% | 1.72% | 1.61% | 1.27% | 1.58% | 1.24% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQ Invesco QQQ | 0.61% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
FOXA vs. QQQ - Drawdown Comparison
The maximum FOXA drawdown since its inception was -50.55%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for FOXA and QQQ. For additional features, visit the drawdowns tool.
Volatility
FOXA vs. QQQ - Volatility Comparison
The current volatility for Fox Corporation (FOXA) is 11.11%, while Invesco QQQ (QQQ) has a volatility of 13.83%. This indicates that FOXA 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.