FSCO vs. QQQ
Compare and contrast key facts about FS Credit Opportunities Corp. (FSCO) 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: FSCO or QQQ.
Correlation
The correlation between FSCO and QQQ is 0.26, 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
FSCO vs. QQQ - Performance Comparison
Key characteristics
FSCO:
1.91
QQQ:
1.64
FSCO:
2.70
QQQ:
2.19
FSCO:
1.34
QQQ:
1.30
FSCO:
3.49
QQQ:
2.16
FSCO:
12.49
QQQ:
7.79
FSCO:
2.46%
QQQ:
3.76%
FSCO:
16.10%
QQQ:
17.85%
FSCO:
-25.11%
QQQ:
-82.98%
FSCO:
0.00%
QQQ:
-3.63%
Returns By Period
In the year-to-date period, FSCO achieves a 33.69% return, which is significantly higher than QQQ's 27.20% return.
FSCO
33.69%
4.92%
11.69%
32.52%
N/A
N/A
QQQ
27.20%
3.08%
8.34%
27.81%
20.44%
18.36%
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Risk-Adjusted Performance
FSCO vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for FS Credit Opportunities Corp. (FSCO) 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
FSCO vs. QQQ - Dividend Comparison
FSCO's dividend yield for the trailing twelve months is around 9.59%, more than QQQ's 0.43% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSCO FS Credit Opportunities Corp. | 9.59% | 11.22% | 1.95% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
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
FSCO vs. QQQ - Drawdown Comparison
The maximum FSCO drawdown since its inception was -25.11%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for FSCO and QQQ. For additional features, visit the drawdowns tool.
Volatility
FSCO vs. QQQ - Volatility Comparison
FS Credit Opportunities Corp. (FSCO) has a higher volatility of 5.69% compared to Invesco QQQ (QQQ) at 5.29%. This indicates that FSCO'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.