GL vs. QQQ
GL (Globe Life Inc.) is a stock, while QQQ (Invesco QQQ ETF) is Nasdaq-100 fund tracking the NASDAQ-100 Index. Over the past 10 years, GL returned 12.50%/yr vs 20.44%/yr for QQQ. Their 0.43 correlation means their historical movements had little consistent relationship.
Performance
GL vs. QQQ - Performance Comparison
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Returns By Period
In the year-to-date period, GL achieves a 31.11% return, which is significantly higher than QQQ's 12.26% return. Over the past 10 years, GL has underperformed QQQ with an annualized return of 12.50%, while QQQ has yielded a comparatively higher 20.44% annualized return.
GL
- 1D
- -0.40%
- 1M
- 1.16%
- 6M
- 30.52%
- YTD
- 31.11%
- 1Y
- 33.87%
- 3Y*
- 18.44%
- 5Y*
- 15.34%
- 10Y*
- 12.50%
- ALL TIME*
- 12.78%
QQQ
- 1D
- 0.65%
- 1M
- -3.45%
- 6M
- 10.89%
- YTD
- 12.26%
- 1Y
- 24.81%
- 3Y*
- 22.29%
- 5Y*
- 14.23%
- 10Y*
- 20.44%
- ALL TIME*
- 10.64%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $148.51M | $123.13M | $108.97M | |
| $30.32B | $28.40B | $31.45B |
GL vs. QQQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GL Globe Life Inc. | 31.11% | 26.47% | -7.53% | 1.77% | 29.68% | -0.49% | -8.93% | 42.34% | -17.23% | 23.93% |
QQQ Invesco QQQ ETF | 12.26% | 20.77% | 25.58% | 54.86% | -32.58% | 27.42% | 48.62% | 38.96% | -0.13% | 32.66% |
Correlation
The correlation between GL and QQQ is 0.05, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.05 |
Correlation (3Y) Balances recent behavior with more history. | 0.16 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.27 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.31 |
Correlation (All Time) Calculated using the full available price history since Mar 10, 1999 | 0.43 |
Over the past year, the correlation between GL and QQQ has dropped to 0.05 - well below their long-term average of 0.43, suggesting their price drivers have been diverging.
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Return for Risk
GL vs. QQQ — Risk / Return Rank
GL
QQQ
GL vs. QQQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Globe Life Inc. (GL) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| GL | QQQ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.40 | ||
| Sortino ratioReturn per unit of downside risk | +0.40 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.21 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 2.85 | 1.88 | +0.97 |
| Martin ratioReturn relative to average drawdown | 6.70 | 6.00 | +0.70 |
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Drawdowns
GL vs. QQQ - Drawdown Comparison
The maximum GL drawdown since its inception was -75.34%, smaller than the maximum QQQ drawdown of -82.97%. Use the drawdown chart below to compare losses from any high point for GL and QQQ.
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Drawdown Indicators
| GL | QQQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -75.34% | -82.97% | +7.63% |
Max Drawdown (1Y)Largest decline over 1 year | -10.87% | -11.96% | +1.09% |
Max Drawdown (3Y)Largest decline over 3 years | -61.62% | -22.77% | -38.85% |
Max Drawdown (5Y)Largest decline over 5 years | -61.62% | -35.12% | -26.50% |
Max Drawdown (10Y)Largest decline over 10 years | -61.62% | -35.12% | -26.50% |
Current DrawdownCurrent decline from peak | -1.36% | -7.69% | +6.33% |
Average DrawdownAverage peak-to-trough decline | -12.13% | -32.62% | +20.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.61% | 3.74% | +0.87% |
Volatility
GL vs. QQQ - Volatility Comparison
Globe Life Inc. (GL) has a higher volatility of 8.90% compared to Invesco QQQ ETF (QQQ) at 6.87%. This indicates that GL'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
| GL | QQQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.90% | 6.87% | +2.03% |
Volatility (6M)Calculated over the trailing 6-month period | 15.53% | 16.08% | -0.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.82% | 19.38% | +0.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.65% | 22.90% | +12.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.25% | 22.50% | +9.75% |
Dividends
GL vs. QQQ - Dividend Comparison
GL's dividend yield for the trailing twelve months is around 0.66%, more than QQQ's 0.44% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GL Globe Life Inc. | 0.66% | 0.75% | 0.85% | 0.73% | 0.68% | 0.83% | 0.77% | 0.64% | 0.85% | 0.65% | 0.75% | 0.71% |
QQQ Invesco QQQ ETF | 0.44% | 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
GL and QQQ have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GL has higher volatility (8.90%) compared to QQQ (6.87%). In terms of maximum drawdown, GL dropped -75.34% vs QQQ's -82.97%.
GL currently has the higher Sharpe Ratio (1.56 vs 1.16), 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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