Correlation
The correlation between GIPR and QQQ is 0.07, 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.
GIPR vs. QQQ
Compare and contrast key facts about Generation Income Properties, Inc. (GIPR) 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: GIPR or QQQ.
Performance
GIPR vs. QQQ - Performance Comparison
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Key characteristics
GIPR:
-1.31
QQQ:
0.62
GIPR:
-2.55
QQQ:
0.92
GIPR:
0.70
QQQ:
1.13
GIPR:
-0.83
QQQ:
0.60
GIPR:
-1.20
QQQ:
1.94
GIPR:
54.20%
QQQ:
7.02%
GIPR:
48.39%
QQQ:
25.59%
GIPR:
-78.27%
QQQ:
-82.98%
GIPR:
-76.15%
QQQ:
-3.64%
Returns By Period
In the year-to-date period, GIPR achieves a -13.13% return, which is significantly lower than QQQ's 1.69% return.
GIPR
-13.13%
0.06%
-16.35%
-63.14%
-33.71%
N/A
N/A
QQQ
1.69%
9.18%
2.15%
15.66%
19.78%
18.08%
17.69%
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Risk-Adjusted Performance
GIPR vs. QQQ — Risk-Adjusted Performance Rank
GIPR
QQQ
GIPR vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Generation Income Properties, Inc. (GIPR) 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.
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Dividends
GIPR vs. QQQ - Dividend Comparison
GIPR's dividend yield for the trailing twelve months is around 2.47%, more than QQQ's 0.58% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GIPR Generation Income Properties, Inc. | 2.47% | 12.86% | 11.85% | 12.46% | 2.60% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQ Invesco QQQ | 0.58% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
GIPR vs. QQQ - Drawdown Comparison
The maximum GIPR drawdown since its inception was -78.27%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for GIPR and QQQ.
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Volatility
GIPR vs. QQQ - Volatility Comparison
Generation Income Properties, Inc. (GIPR) has a higher volatility of 9.50% compared to Invesco QQQ (QQQ) at 5.62%. This indicates that GIPR'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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