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 0.41, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
GME vs. QQQ - Performance Comparison
Key characteristics
GME:
1.13
QQQ:
0.49
GME:
2.61
QQQ:
0.85
GME:
1.40
QQQ:
1.12
GME:
1.93
QQQ:
0.54
GME:
3.58
QQQ:
1.86
GME:
47.60%
QQQ:
6.59%
GME:
150.60%
QQQ:
25.26%
GME:
-93.43%
QQQ:
-82.98%
GME:
-68.83%
QQQ:
-13.25%
Returns By Period
In the year-to-date period, GME achieves a -13.59% return, which is significantly lower than QQQ's -8.45% return. Over the past 10 years, GME has underperformed QQQ with an annualized return of 13.64%, while QQQ has yielded a comparatively higher 16.49% annualized return.
GME
-13.59%
6.61%
31.27%
147.76%
87.11%
13.64%
QQQ
-8.45%
-5.29%
-4.78%
10.24%
17.72%
16.49%
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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 0.64%.
| 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 | 0.64% | 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 33.69% compared to Invesco QQQ (QQQ) at 16.89%. 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.