GGAL vs. QQQ
Compare and contrast key facts about Grupo Financiero Galicia S.A. (GGAL) 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: GGAL or QQQ.
Key characteristics
| GGAL | QQQ | |
|---|---|---|
| YTD Return | 204.89% | 20.39% |
| 1Y Return | 321.46% | 34.24% |
| 3Y Return (Ann) | 77.82% | 10.75% |
| 5Y Return (Ann) | 37.53% | 21.56% |
| 10Y Return (Ann) | 17.52% | 19.10% |
| Sharpe Ratio | 5.45 | 1.93 |
| Sortino Ratio | 4.80 | 2.56 |
| Omega Ratio | 1.59 | 1.34 |
| Calmar Ratio | 3.88 | 2.44 |
| Martin Ratio | 34.94 | 8.91 |
| Ulcer Index | 9.10% | 3.79% |
| Daily Std Dev | 58.30% | 17.56% |
| Max Drawdown | -98.98% | -82.98% |
| Current Drawdown | -14.31% | -2.26% |
Correlation
The correlation between GGAL and QQQ is 0.30, 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
GGAL vs. QQQ - Performance Comparison
In the year-to-date period, GGAL achieves a 204.89% return, which is significantly higher than QQQ's 20.39% return. Over the past 10 years, GGAL has underperformed QQQ with an annualized return of 17.52%, while QQQ has yielded a comparatively higher 19.10% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
GGAL vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Grupo Financiero Galicia S.A. (GGAL) 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
GGAL vs. QQQ - Dividend Comparison
GGAL's dividend yield for the trailing twelve months is around 4.86%, more than QQQ's 0.62% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GGAL Grupo Financiero Galicia S.A. | 4.86% | 6.49% | 4.62% | 0.68% | 0.87% | 1.89% | 1.31% | 0.18% | 0.30% | 0.32% | 0.23% | 0.35% |
QQQ Invesco QQQ | 0.62% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.01% |
Drawdowns
GGAL vs. QQQ - Drawdown Comparison
The maximum GGAL drawdown since its inception was -98.98%, which is greater than QQQ's maximum drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for GGAL and QQQ. For additional features, visit the drawdowns tool.
Volatility
GGAL vs. QQQ - Volatility Comparison
Grupo Financiero Galicia S.A. (GGAL) has a higher volatility of 11.77% compared to Invesco QQQ (QQQ) at 4.22%. This indicates that GGAL'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.