FTV vs. QQQ
Compare and contrast key facts about Fortive Corporation (FTV) 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: FTV or QQQ.
Correlation
The correlation between FTV and QQQ is 0.53, 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
FTV vs. QQQ - Performance Comparison
Key characteristics
FTV:
0.20
QQQ:
1.64
FTV:
0.42
QQQ:
2.19
FTV:
1.06
QQQ:
1.30
FTV:
0.04
QQQ:
2.16
FTV:
0.39
QQQ:
7.79
FTV:
11.31%
QQQ:
3.76%
FTV:
21.64%
QQQ:
17.85%
FTV:
-100.00%
QQQ:
-82.98%
FTV:
-99.99%
QQQ:
-3.63%
Returns By Period
In the year-to-date period, FTV achieves a 1.53% return, which is significantly lower than QQQ's 27.20% return.
FTV
1.53%
-1.62%
1.37%
3.00%
3.71%
N/A
QQQ
27.20%
3.08%
8.34%
27.81%
20.44%
18.36%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
FTV vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fortive Corporation (FTV) 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
FTV vs. QQQ - Dividend Comparison
FTV's dividend yield for the trailing twelve months is around 0.43%, which matches QQQ's 0.43% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FTV Fortive Corporation | 0.43% | 0.39% | 0.44% | 0.37% | 0.35% | 0.37% | 0.41% | 0.39% | 0.26% | 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
FTV vs. QQQ - Drawdown Comparison
The maximum FTV drawdown since its inception was -100.00%, which is greater than QQQ's maximum drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for FTV and QQQ. For additional features, visit the drawdowns tool.
Volatility
FTV vs. QQQ - Volatility Comparison
Fortive Corporation (FTV) and Invesco QQQ (QQQ) have volatilities of 5.34% and 5.29%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.