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 0.24, 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:
2.40
QQQ:
1.53
FSCO:
3.35
QQQ:
2.07
FSCO:
1.43
QQQ:
1.27
FSCO:
4.38
QQQ:
2.05
FSCO:
16.75
QQQ:
7.16
FSCO:
2.30%
QQQ:
3.89%
FSCO:
16.08%
QQQ:
18.14%
FSCO:
-25.13%
QQQ:
-82.98%
FSCO:
0.00%
QQQ:
-2.33%
Returns By Period
In the year-to-date period, FSCO achieves a 2.93% return, which is significantly higher than QQQ's 2.65% return.
FSCO
2.93%
3.85%
19.15%
35.72%
N/A
N/A
QQQ
2.65%
1.35%
9.52%
25.18%
19.35%
18.53%
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Risk-Adjusted Performance
FSCO vs. QQQ — Risk-Adjusted Performance Rank
FSCO
QQQ
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 10.17%, more than QQQ's 0.54% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSCO FS Credit Opportunities Corp. | 10.17% | 10.47% | 11.22% | 1.95% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQ Invesco QQQ | 0.54% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
FSCO vs. QQQ - Drawdown Comparison
The maximum FSCO drawdown since its inception was -25.13%, 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
The current volatility for FS Credit Opportunities Corp. (FSCO) is 4.84%, while Invesco QQQ (QQQ) has a volatility of 6.48%. 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.