GOOGL vs. QQQ
Compare and contrast key facts about Alphabet Inc. (GOOGL) 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: GOOGL or QQQ.
Performance
GOOGL vs. QQQ - Performance Comparison
Returns By Period
In the year-to-date period, GOOGL achieves a 24.93% return, which is significantly higher than QQQ's 21.78% return. Over the past 10 years, GOOGL has outperformed QQQ with an annualized return of 20.49%, while QQQ has yielded a comparatively lower 17.95% annualized return.
GOOGL
24.93%
6.53%
-0.87%
28.98%
21.66%
20.49%
QQQ
21.78%
1.15%
10.25%
29.54%
20.42%
17.95%
Key characteristics
| GOOGL | QQQ | |
|---|---|---|
| Sharpe Ratio | 1.03 | 1.70 |
| Sortino Ratio | 1.53 | 2.29 |
| Omega Ratio | 1.20 | 1.31 |
| Calmar Ratio | 1.24 | 2.19 |
| Martin Ratio | 3.10 | 7.96 |
| Ulcer Index | 8.85% | 3.72% |
| Daily Std Dev | 26.57% | 17.39% |
| Max Drawdown | -65.29% | -82.98% |
| Current Drawdown | -8.82% | -3.42% |
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Correlation
The correlation between GOOGL and QQQ is 0.70, 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.
Risk-Adjusted Performance
GOOGL vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Alphabet Inc. (GOOGL) 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
GOOGL vs. QQQ - Dividend Comparison
GOOGL's dividend yield for the trailing twelve months is around 0.23%, less than QQQ's 0.61% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GOOGL Alphabet Inc. | 0.23% | 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 | 0.61% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.02% |
Drawdowns
GOOGL vs. QQQ - Drawdown Comparison
The maximum GOOGL drawdown since its inception was -65.29%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for GOOGL and QQQ. For additional features, visit the drawdowns tool.
Volatility
GOOGL vs. QQQ - Volatility Comparison
Alphabet Inc. (GOOGL) has a higher volatility of 7.55% compared to Invesco QQQ (QQQ) at 5.58%. This indicates that GOOGL'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.