FSCO vs. QQQ
FSCO (FS Credit Opportunities Corp.) is a stock, while QQQ (Invesco QQQ ETF) is Nasdaq-100 fund tracking the NASDAQ-100 Index. Over the past 3 years, FSCO returned 14.91%/yr vs 27.01%/yr for QQQ. At a 0.24 correlation, their price movements are largely independent.
Performance
FSCO vs. QQQ - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FSCO achieves a -17.20% return, which is significantly lower than QQQ's 20.71% return.
FSCO
- 1D
- -0.60%
- 1M
- -2.57%
- YTD
- -17.20%
- 6M
- -13.96%
- 1Y
- -22.70%
- 3Y*
- 14.91%
- 5Y*
- —
- 10Y*
- —
QQQ
- 1D
- 2.51%
- 1M
- 3.22%
- YTD
- 20.71%
- 6M
- 20.33%
- 1Y
- 41.26%
- 3Y*
- 27.01%
- 5Y*
- 17.37%
- 10Y*
- 22.17%
FSCO vs. QQQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
FSCO FS Credit Opportunities Corp. | -17.20% | 3.68% | 34.88% | 36.98% | -3.98% |
QQQ Invesco QQQ ETF | 20.71% | 20.77% | 25.58% | 54.86% | -7.31% |
Correlation
The correlation between FSCO and QQQ is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.21 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (All Time) Calculated using the full available price history since Nov 14, 2022 | 0.24 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
FSCO vs. QQQ — Risk / Return Rank
FSCO
QQQ
FSCO vs. QQQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for FS Credit Opportunities Corp. (FSCO) and Invesco QQQ ETF (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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FSCO | QQQ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.15 | ||
| Sortino ratioReturn per unit of downside risk | -4.04 | ||
| Omega ratioGain probability vs. loss probability | 0.86 | 1.41 | -0.55 |
| Calmar ratioReturn relative to maximum drawdown | -0.64 | 3.42 | -4.05 |
| Martin ratioReturn relative to average drawdown | -1.26 | 12.72 | -13.98 |
Loading charts...
Drawdowns
FSCO vs. QQQ - Drawdown Comparison
The maximum FSCO drawdown since its inception was -35.53%, smaller than the maximum QQQ drawdown of -82.97%. Use the drawdown chart below to compare losses from any high point for FSCO and QQQ.
Loading charts...
Drawdown Indicators
| FSCO | QQQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.53% | -82.97% | +47.44% |
Max Drawdown (1Y)Largest decline over 1 year | -35.53% | -11.96% | -23.57% |
Max Drawdown (3Y)Largest decline over 3 years | -35.53% | -22.77% | -12.76% |
Max Drawdown (5Y)Largest decline over 5 years | — | -35.12% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -35.12% | — |
Current DrawdownCurrent decline from peak | -27.71% | -0.74% | -26.97% |
Average DrawdownAverage peak-to-trough decline | -8.11% | -32.73% | +24.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.93% | 3.21% | +14.72% |
Volatility
FSCO vs. QQQ - Volatility Comparison
The current volatility for FS Credit Opportunities Corp. (FSCO) is 6.04%, while Invesco QQQ ETF (QQQ) has a volatility of 8.58%. This indicates that FSCO 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.
Loading charts...
Volatility by Period
| FSCO | QQQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.04% | 8.58% | -2.54% |
Volatility (6M)Calculated over the trailing 6-month period | 22.58% | 14.34% | +8.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.39% | 17.64% | +9.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.18% | 22.63% | +5.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.18% | 22.42% | +5.76% |
Dividends
FSCO vs. QQQ - Dividend Comparison
FSCO's dividend yield for the trailing twelve months is around 15.92%, more than QQQ's 0.38% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSCO FS Credit Opportunities Corp. | 15.92% | 12.65% | 10.47% | 11.26% | 1.95% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQ Invesco QQQ ETF | 0.38% | 0.45% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% |
Frequently Asked Questions
FSCO and QQQ have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
QQQ has higher volatility (8.58%) compared to FSCO (6.04%). In terms of maximum drawdown, FSCO dropped -35.53% vs QQQ's -82.97%.
QQQ currently has the higher Sharpe Ratio (2.32 vs -0.83), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for FSCO and QQQ
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer