Correlation
The correlation between GNL and QQQ is 0.44, 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.
GNL vs. QQQ
Compare and contrast key facts about Global Net Lease, Inc. (GNL) 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: GNL or QQQ.
Performance
GNL vs. QQQ - Performance Comparison
Loading data...
Key characteristics
GNL:
0.78
QQQ:
0.62
GNL:
1.34
QQQ:
0.92
GNL:
1.16
QQQ:
1.13
GNL:
0.47
QQQ:
0.60
GNL:
2.41
QQQ:
1.94
GNL:
9.53%
QQQ:
7.02%
GNL:
27.70%
QQQ:
25.59%
GNL:
-58.38%
QQQ:
-82.98%
GNL:
-35.10%
QQQ:
-3.64%
Returns By Period
In the year-to-date period, GNL achieves a 13.69% return, which is significantly higher than QQQ's 1.69% return.
GNL
13.69%
3.74%
12.00%
19.04%
-6.66%
0.32%
N/A
QQQ
1.69%
7.77%
2.15%
15.88%
19.78%
18.08%
17.69%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
GNL vs. QQQ — Risk-Adjusted Performance Rank
GNL
QQQ
GNL vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global Net Lease, Inc. (GNL) 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.
Loading data...
Dividends
GNL vs. QQQ - Dividend Comparison
GNL's dividend yield for the trailing twelve months is around 13.08%, more than QQQ's 0.58% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GNL Global Net Lease, Inc. | 13.08% | 16.15% | 15.62% | 12.73% | 10.47% | 10.11% | 8.77% | 12.12% | 10.37% | 9.04% | 4.48% | 0.00% |
QQQ Invesco QQQ | 0.58% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
GNL vs. QQQ - Drawdown Comparison
The maximum GNL drawdown since its inception was -58.38%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for GNL and QQQ.
Loading data...
Volatility
GNL vs. QQQ - Volatility Comparison
Global Net Lease, Inc. (GNL) has a higher volatility of 6.89% compared to Invesco QQQ (QQQ) at 5.62%. This indicates that GNL'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.
Loading data...