GMED vs. QQQ

In the year-to-date period, GMED achieves a -12.20% return, which is significantly lower than QQQ's -7.46% return. Over the past 10 years, GMED has underperformed QQQ with an annualized return of 12.08%, while QQQ has yielded a comparatively higher 16.75% annualized return.

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This table presents a comparison of risk-adjusted performance metrics for Globus Medical, Inc. (GMED) 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.

The current GMED Sharpe Ratio is 1.18, which is higher than the QQQ Sharpe Ratio of 0.45. The chart below compares the historical Sharpe Ratios of GMED and QQQ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

GMED has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.63%.

The maximum GMED drawdown since its inception was -47.91%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for GMED and QQQ. For additional features, visit the drawdowns tool.

The current volatility for Globus Medical, Inc. (GMED) is 13.68%, while Invesco QQQ (QQQ) has a volatility of 16.85%. This indicates that GMED experiences smaller price fluctuations and is considered to be less risky than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.