GPS vs. QQQ
Compare and contrast key facts about The Gap, Inc. (GPS) 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: GPS or QQQ.
Key characteristics
| GPS | QQQ | |
|---|---|---|
| YTD Return | 6.31% | 26.02% |
| 1Y Return | 64.91% | 36.73% |
| 3Y Return (Ann) | 0.05% | 9.97% |
| 5Y Return (Ann) | 9.89% | 21.44% |
| 10Y Return (Ann) | -2.17% | 18.42% |
| Sharpe Ratio | 1.58 | 2.28 |
| Sortino Ratio | 2.94 | 2.98 |
| Omega Ratio | 1.32 | 1.41 |
| Calmar Ratio | 1.49 | 2.94 |
| Martin Ratio | 5.57 | 10.71 |
| Ulcer Index | 17.08% | 3.72% |
| Daily Std Dev | 60.32% | 17.35% |
| Max Drawdown | -96.84% | -82.98% |
| Current Drawdown | -32.28% | -0.06% |
Correlation
The correlation between GPS and QQQ is 0.37, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
GPS vs. QQQ - Performance Comparison
In the year-to-date period, GPS achieves a 6.31% return, which is significantly lower than QQQ's 26.02% return. Over the past 10 years, GPS has underperformed QQQ with an annualized return of -2.17%, while QQQ has yielded a comparatively higher 18.42% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
GPS vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for The Gap, Inc. (GPS) 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
GPS vs. QQQ - Dividend Comparison
GPS's dividend yield for the trailing twelve months is around 2.77%, more than QQQ's 0.59% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GPS The Gap, Inc. | 2.77% | 2.87% | 5.05% | 2.73% | 2.40% | 5.49% | 3.72% | 2.03% | 5.12% | 3.68% | 2.04% | 1.28% |
QQQ Invesco QQQ | 0.59% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.02% |
Drawdowns
GPS vs. QQQ - Drawdown Comparison
The maximum GPS drawdown since its inception was -96.84%, which is greater than QQQ's maximum drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for GPS and QQQ. For additional features, visit the drawdowns tool.
Volatility
GPS vs. QQQ - Volatility Comparison
The current volatility for The Gap, Inc. (GPS) is 0.74%, while Invesco QQQ (QQQ) has a volatility of 5.18%. This indicates that GPS 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.