GME vs. QQQ
Compare and contrast key facts about GameStop Corp. (GME) 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: GME or QQQ.
Correlation
The correlation between GME and QQQ is 0.38, 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
GME vs. QQQ - Performance Comparison
Key characteristics
GME:
0.60
QQQ:
0.14
GME:
2.12
QQQ:
0.31
GME:
1.32
QQQ:
1.04
GME:
1.01
QQQ:
0.17
GME:
1.93
QQQ:
0.53
GME:
46.21%
QQQ:
5.24%
GME:
149.90%
QQQ:
20.34%
GME:
-93.43%
QQQ:
-82.98%
GME:
-73.88%
QQQ:
-16.35%
Returns By Period
In the year-to-date period, GME achieves a -27.60% return, which is significantly lower than QQQ's -11.72% return. Over the past 10 years, GME has underperformed QQQ with an annualized return of 12.23%, while QQQ has yielded a comparatively higher 16.52% annualized return.
GME
-27.60%
-7.01%
5.58%
101.15%
101.07%
12.23%
QQQ
-11.72%
-8.92%
-6.13%
2.56%
20.53%
16.52%
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Risk-Adjusted Performance
GME vs. QQQ — Risk-Adjusted Performance Rank
GME
QQQ
GME vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for GameStop Corp. (GME) 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
GME vs. QQQ - Dividend Comparison
GME has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.66%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GME GameStop Corp. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 6.25% | 12.04% | 8.47% | 5.86% | 5.14% | 3.91% |
QQQ Invesco QQQ | 0.66% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
GME vs. QQQ - Drawdown Comparison
The maximum GME drawdown since its inception was -93.43%, which is greater than QQQ's maximum drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for GME and QQQ. For additional features, visit the drawdowns tool.
Volatility
GME vs. QQQ - Volatility Comparison
GameStop Corp. (GME) has a higher volatility of 30.60% compared to Invesco QQQ (QQQ) at 9.26%. This indicates that GME'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.