GMAB vs. QQQ
Compare and contrast key facts about Genmab A/S (GMAB) 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: GMAB or QQQ.
Key characteristics
GMAB | QQQ | |
---|---|---|
YTD Return | -15.52% | 16.41% |
1Y Return | -30.18% | 26.86% |
3Y Return (Ann) | -15.04% | 8.93% |
5Y Return (Ann) | 6.05% | 20.65% |
10Y Return (Ann) | 20.92% | 17.94% |
Sharpe Ratio | -0.78 | 1.57 |
Daily Std Dev | 33.16% | 17.78% |
Max Drawdown | -84.20% | -82.98% |
Current Drawdown | -44.79% | -5.49% |
Correlation
The correlation between GMAB and QQQ is 0.25, 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
GMAB vs. QQQ - Performance Comparison
In the year-to-date period, GMAB achieves a -15.52% return, which is significantly lower than QQQ's 16.41% return. Over the past 10 years, GMAB has outperformed QQQ with an annualized return of 20.92%, while QQQ has yielded a comparatively lower 17.94% 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
GMAB vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Genmab A/S (GMAB) 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
GMAB vs. QQQ - Dividend Comparison
GMAB has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.61%.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Genmab A/S | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Invesco QQQ | 0.61% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.01% |
Drawdowns
GMAB vs. QQQ - Drawdown Comparison
The maximum GMAB drawdown since its inception was -84.20%, roughly equal to the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for GMAB and QQQ. For additional features, visit the drawdowns tool.
Volatility
GMAB vs. QQQ - Volatility Comparison
Genmab A/S (GMAB) and Invesco QQQ (QQQ) have volatilities of 6.34% and 6.53%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.