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.
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
Key characteristics
GGAL:
5.44
QQQ:
1.64
GGAL:
4.69
QQQ:
2.19
GGAL:
1.60
QQQ:
1.30
GGAL:
3.90
QQQ:
2.16
GGAL:
32.47
QQQ:
7.79
GGAL:
8.97%
QQQ:
3.76%
GGAL:
53.57%
QQQ:
17.85%
GGAL:
-98.98%
QQQ:
-82.98%
GGAL:
-7.47%
QQQ:
-3.63%
Returns By Period
In the year-to-date period, GGAL achieves a 296.97% return, which is significantly higher than QQQ's 27.20% return. Both investments have delivered pretty close results over the past 10 years, with GGAL having a 17.66% annualized return and QQQ not far ahead at 18.36%.
GGAL
296.97%
10.28%
107.33%
285.69%
39.75%
17.66%
QQQ
27.20%
3.08%
8.34%
27.81%
20.44%
18.36%
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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 3.73%, more than QQQ's 0.43% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GGAL Grupo Financiero Galicia S.A. | 3.73% | 6.49% | 4.62% | 0.67% | 0.94% | 1.93% | 1.31% | 0.18% | 0.30% | 0.32% | 0.23% | 0.35% |
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
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 16.92% compared to Invesco QQQ (QQQ) at 5.29%. 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.