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GOGO vs. QQQ
Performance
Return for Risk
Drawdowns
Volatility
Dividends

GOGO vs. QQQ

Last updated Jun 6, 2026

GOGO (Gogo Inc.) is a stock, while QQQ (Invesco QQQ ETF) is Nasdaq-100 fund tracking the NASDAQ-100 Index. Over the past 10 years, GOGO returned -8.87%/yr vs 21.27%/yr for QQQ. At a 0.31 correlation, their price movements are largely independent.

Performance

GOGO vs. QQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Gogo Inc. (GOGO) and Invesco QQQ ETF (QQQ). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, GOGO achieves a -18.67% return, which is significantly lower than QQQ's 14.92% return. Over the past 10 years, GOGO has underperformed QQQ with an annualized return of -8.87%, while QQQ has yielded a comparatively higher 21.27% annualized return.

GOGO

1D
-8.01%
1M
-11.86%
YTD
-18.67%
6M
-46.32%
1Y
-65.76%
3Y*
-37.94%
5Y*
-23.36%
10Y*
-8.87%

QQQ

1D
-4.80%
1M
1.34%
YTD
14.92%
6M
13.01%
1Y
35.00%
3Y*
26.46%
5Y*
16.70%
10Y*
21.27%
*Multi-year figures are annualized to reflect compound growth (CAGR)

GOGO vs. QQQ - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
GOGO
Gogo Inc.		-18.67%-42.40%-20.14%-31.37%9.09%40.50%50.47%114.05%-73.49%22.34%
QQQ
Invesco QQQ ETF		14.92%20.77%25.58%54.86%-32.58%27.42%48.62%38.96%-0.13%32.66%

Correlation

The correlation between GOGO and QQQ is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.25

Correlation (3Y)
Calculated over the trailing 3-year period

0.26

Correlation (5Y)
Calculated over the trailing 5-year period

0.34

Correlation (10Y)
Calculated over the trailing 10-year period

0.30

Correlation (All Time)
Calculated using the full available price history since Jun 24, 2013

0.31

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Gogo Inc.

Invesco QQQ ETF

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Return for Risk

GOGO vs. QQQ — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
GOGO
GOGO Risk / Return Rank: 88
Overall Rank
GOGO Sharpe Ratio Rank: 44
Sharpe Ratio Rank
GOGO Sortino Ratio Rank: 44
Sortino Ratio Rank
GOGO Omega Ratio Rank: 44
Omega Ratio Rank
GOGO Calmar Ratio Rank: 99
Calmar Ratio Rank
GOGO Martin Ratio Rank: 1717
Martin Ratio Rank
QQQ
QQQ Risk / Return Rank: 6262
Overall Rank
QQQ Sharpe Ratio Rank: 6565
Sharpe Ratio Rank
QQQ Sortino Ratio Rank: 5858
Sortino Ratio Rank
QQQ Omega Ratio Rank: 6262
Omega Ratio Rank
QQQ Calmar Ratio Rank: 6060
Calmar Ratio Rank
QQQ Martin Ratio Rank: 6363
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GOGO vs. QQQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Gogo Inc. (GOGO) and Invesco QQQ ETF (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.

GOGOQQQDifference
Sharpe ratioReturn per unit of total volatility
-1.02
2.11

-3.13

Sortino ratioReturn per unit of downside risk
-1.72
2.72

-4.45

Omega ratioGain probability vs. loss probability

0.78

1.37

-0.59

Calmar ratioReturn relative to maximum drawdown

-0.86

2.94

-3.79

Martin ratioReturn relative to average drawdown

-1.15

11.22

-12.37

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GOGO vs. QQQ - Sharpe Ratio Comparison

The current GOGO Sharpe Ratio is -1.02, which is lower than the QQQ Sharpe Ratio of 2.11. The chart below compares the historical Sharpe Ratios of GOGO and QQQ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

GOGOQQQDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-1.02

2.11

-3.13

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.38

0.75

-1.13

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

-0.13

0.95

-1.08

Sharpe Ratio (All Time)

Calculated using the full available price history

-0.15

0.40

-0.56

Drawdowns

GOGO vs. QQQ - Drawdown Comparison

The maximum GOGO drawdown since its inception was -95.92%, which is greater than QQQ's maximum drawdown of -82.97%. Use the drawdown chart below to compare losses from any high point for GOGO and QQQ.

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Drawdown Indicators

GOGOQQQDifference

Max Drawdown

Largest peak-to-trough decline

-95.92%

-82.97%

-12.95%

Max Drawdown (1Y)

Largest decline over 1 year

-77.09%

-11.96%

-65.13%

Max Drawdown (3Y)

Largest decline over 3 years

-78.74%

-22.77%

-55.97%

Max Drawdown (5Y)

Largest decline over 5 years

-83.72%

-35.12%

-48.60%

Max Drawdown (10Y)

Largest decline over 10 years

-90.33%

-35.12%

-55.21%

Current Drawdown

Current decline from peak

-88.96%

-5.51%

-83.45%

Average Drawdown

Average peak-to-trough decline

-65.70%

-32.78%

-32.92%

Ulcer Index

Depth and duration of drawdowns from previous peaks

57.34%

3.13%

+54.21%

Volatility

GOGO vs. QQQ - Volatility Comparison

Gogo Inc. (GOGO) has a higher volatility of 23.20% compared to Invesco QQQ ETF (QQQ) at 6.68%. This indicates that GOGO'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.

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Volatility by Period

GOGOQQQDifference

Volatility (1M)

Calculated over the trailing 1-month period

23.20%

6.68%

+16.52%

Volatility (6M)

Calculated over the trailing 6-month period

48.76%

13.12%

+35.64%

Volatility (1Y)

Calculated over the trailing 1-year period

64.51%

16.69%

+47.82%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

61.47%

22.47%

+39.00%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

69.87%

22.34%

+47.53%

Dividends

GOGO vs. QQQ - Dividend Comparison

GOGO has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.40%.

PositionTTM20252024202320222021202020192018201720162015
GOGO
Gogo Inc.		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
QQQ
Invesco QQQ ETF		0.40%0.45%0.56%0.62%0.80%0.43%0.55%0.74%0.91%0.84%1.06%0.99%

Frequently Asked Questions

GOGO and QQQ have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

GOGO has higher volatility (23.20%) compared to QQQ (6.68%). In terms of maximum drawdown, GOGO dropped -95.92% vs QQQ's -82.97%.

QQQ currently has the higher Sharpe Ratio (2.11 vs -1.02), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

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