GDDY vs. QQQ
Compare and contrast key facts about GoDaddy Inc. (GDDY) 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: GDDY or QQQ.
Correlation
The correlation between GDDY and QQQ is 0.57, 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
GDDY vs. QQQ - Performance Comparison
Key characteristics
GDDY:
1.33
QQQ:
0.15
GDDY:
1.75
QQQ:
0.38
GDDY:
1.28
QQQ:
1.05
GDDY:
1.62
QQQ:
0.16
GDDY:
4.84
QQQ:
0.58
GDDY:
8.13%
QQQ:
6.25%
GDDY:
29.67%
QQQ:
24.88%
GDDY:
-50.10%
QQQ:
-82.98%
GDDY:
-19.86%
QQQ:
-17.56%
Returns By Period
The year-to-date returns for both stocks are quite close, with GDDY having a -12.97% return and QQQ slightly lower at -13.00%. Over the past 10 years, GDDY has outperformed QQQ with an annualized return of 21.42%, while QQQ has yielded a comparatively lower 16.13% annualized return.
GDDY
-12.97%
-5.32%
4.30%
41.56%
20.84%
21.42%
QQQ
-13.00%
-7.51%
-9.91%
5.53%
16.35%
16.13%
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Risk-Adjusted Performance
GDDY vs. QQQ — Risk-Adjusted Performance Rank
GDDY
QQQ
GDDY vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for GoDaddy Inc. (GDDY) 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
GDDY vs. QQQ - Dividend Comparison
GDDY has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.67%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GDDY GoDaddy Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQ Invesco QQQ | 0.67% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
GDDY vs. QQQ - Drawdown Comparison
The maximum GDDY drawdown since its inception was -50.10%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for GDDY and QQQ. For additional features, visit the drawdowns tool.
Volatility
GDDY vs. QQQ - Volatility Comparison
The current volatility for GoDaddy Inc. (GDDY) is 12.17%, while Invesco QQQ (QQQ) has a volatility of 16.19%. This indicates that GDDY 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.