GOOG vs. QQQ
Compare and contrast key facts about Alphabet Inc. (GOOG) 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: GOOG or QQQ.
Correlation
The correlation between GOOG and QQQ is 0.77, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
GOOG vs. QQQ - Performance Comparison
Key characteristics
GOOG:
0.99
QQQ:
1.30
GOOG:
1.48
QQQ:
1.78
GOOG:
1.19
QQQ:
1.24
GOOG:
1.26
QQQ:
1.76
GOOG:
3.18
QQQ:
6.08
GOOG:
8.87%
QQQ:
3.92%
GOOG:
28.41%
QQQ:
18.35%
GOOG:
-44.60%
QQQ:
-82.98%
GOOG:
-12.58%
QQQ:
-2.49%
Returns By Period
In the year-to-date period, GOOG achieves a -4.65% return, which is significantly lower than QQQ's 2.90% return. Over the past 10 years, GOOG has outperformed QQQ with an annualized return of 21.23%, while QQQ has yielded a comparatively lower 18.06% annualized return.
GOOG
-4.65%
-9.22%
8.72%
25.40%
19.74%
21.23%
QQQ
2.90%
-1.02%
9.93%
20.80%
18.77%
18.06%
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Risk-Adjusted Performance
GOOG vs. QQQ — Risk-Adjusted Performance Rank
GOOG
QQQ
GOOG vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Alphabet Inc. (GOOG) 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
GOOG vs. QQQ - Dividend Comparison
GOOG's dividend yield for the trailing twelve months is around 0.33%, less than QQQ's 0.54% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GOOG Alphabet Inc. | 0.33% | 0.32% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQ Invesco QQQ | 0.54% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
GOOG vs. QQQ - Drawdown Comparison
The maximum GOOG drawdown since its inception was -44.60%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for GOOG and QQQ. For additional features, visit the drawdowns tool.
Volatility
GOOG vs. QQQ - Volatility Comparison
Alphabet Inc. (GOOG) has a higher volatility of 10.68% compared to Invesco QQQ (QQQ) at 5.02%. This indicates that GOOG'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.