GGR vs. QQQ
GGR (Gogoro Inc) is a stock, while QQQ (Invesco QQQ ETF) is Nasdaq-100 fund tracking the NASDAQ-100 Index. Over the past 3 years, GGR returned -60.10%/yr vs 28.78%/yr for QQQ. At a 0.24 correlation, their price movements are largely independent.
Performance
GGR vs. QQQ - Performance Comparison
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Returns By Period
In the year-to-date period, GGR achieves a 41.42% return, which is significantly higher than QQQ's 21.30% return.
GGR
- 1D
- -3.37%
- 1M
- -6.40%
- YTD
- 41.42%
- 6M
- -1.15%
- 1Y
- -21.11%
- 3Y*
- -60.10%
- 5Y*
- —
- 10Y*
- —
QQQ
- 1D
- -0.26%
- 1M
- 10.60%
- YTD
- 21.30%
- 6M
- 19.66%
- 1Y
- 41.82%
- 3Y*
- 28.78%
- 5Y*
- 17.97%
- 10Y*
- 21.94%
GGR vs. QQQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
GGR Gogoro Inc | 41.42% | -72.58% | -80.63% | -18.87% | -77.32% |
QQQ Invesco QQQ ETF | 21.30% | 20.77% | 25.58% | 54.86% | -25.81% |
Correlation
The correlation between GGR and QQQ is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since Apr 6, 2022 | 0.24 |
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Return for Risk
GGR vs. QQQ — Risk / Return Rank
GGR
QQQ
GGR vs. QQQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Gogoro Inc (GGR) and Invesco QQQ ETF (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.
| GGR | QQQ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.94 | ||
| Sortino ratioReturn per unit of downside risk | -3.43 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 1.45 | -0.45 |
| Calmar ratioReturn relative to maximum drawdown | -0.32 | 3.51 | -3.84 |
| Martin ratioReturn relative to average drawdown | -0.48 | 13.49 | -13.98 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| GGR | QQQ | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.30 | 2.64 | -2.94 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.81 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.99 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.81 | 0.41 | -1.22 |
Drawdowns
GGR vs. QQQ - Drawdown Comparison
The maximum GGR drawdown since its inception was -99.07%, which is greater than QQQ's maximum drawdown of -82.97%. Use the drawdown chart below to compare losses from any high point for GGR and QQQ.
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Drawdown Indicators
| GGR | QQQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.07% | -82.97% | -16.10% |
Max Drawdown (1Y)Largest decline over 1 year | -65.27% | -11.96% | -53.31% |
Max Drawdown (3Y)Largest decline over 3 years | -96.03% | -22.77% | -73.26% |
Max Drawdown (5Y)Largest decline over 5 years | — | -35.12% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -35.12% | — |
Current DrawdownCurrent decline from peak | -98.69% | -0.26% | -98.43% |
Average DrawdownAverage peak-to-trough decline | -85.78% | -32.79% | -52.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 43.74% | 3.11% | +40.63% |
Volatility
GGR vs. QQQ - Volatility Comparison
Gogoro Inc (GGR) has a higher volatility of 11.17% compared to Invesco QQQ ETF (QQQ) at 4.49%. This indicates that GGR'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.
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Volatility by Period
| GGR | QQQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.17% | 4.49% | +6.68% |
Volatility (6M)Calculated over the trailing 6-month period | 47.16% | 12.10% | +35.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 70.29% | 15.94% | +54.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 79.51% | 22.38% | +57.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 79.51% | 22.29% | +57.22% |
Dividends
GGR vs. QQQ - Dividend Comparison
GGR has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.38%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GGR Gogoro 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 ETF | 0.38% | 0.45% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% |
Frequently Asked Questions
GGR and QQQ have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GGR has higher volatility (11.17%) compared to QQQ (4.49%). In terms of maximum drawdown, GGR dropped -99.07% vs QQQ's -82.97%.
QQQ currently has the higher Sharpe Ratio (2.64 vs -0.30), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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