GQG.AX vs. QQQ
Compare and contrast key facts about GQG Partners Inc. (GQG.AX) 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: GQG.AX or QQQ.
Correlation
The correlation between GQG.AX and QQQ is 0.15, 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
GQG.AX vs. QQQ - Performance Comparison
Key characteristics
GQG.AX:
0.61
QQQ:
1.44
GQG.AX:
1.00
QQQ:
1.95
GQG.AX:
1.15
QQQ:
1.26
GQG.AX:
0.68
QQQ:
1.94
GQG.AX:
1.79
QQQ:
6.71
GQG.AX:
15.54%
QQQ:
3.92%
GQG.AX:
45.38%
QQQ:
18.27%
GQG.AX:
-42.26%
QQQ:
-82.98%
GQG.AX:
-16.07%
QQQ:
0.00%
Returns By Period
In the year-to-date period, GQG.AX achieves a 20.77% return, which is significantly higher than QQQ's 5.27% return.
GQG.AX
20.77%
29.87%
-3.59%
22.60%
N/A
N/A
QQQ
5.27%
3.15%
12.16%
25.73%
18.66%
18.37%
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
GQG.AX vs. QQQ — Risk-Adjusted Performance Rank
GQG.AX
QQQ
GQG.AX vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for GQG Partners Inc. (GQG.AX) 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
GQG.AX vs. QQQ - Dividend Comparison
GQG.AX's dividend yield for the trailing twelve months is around 11.51%, more than QQQ's 0.53% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GQG.AX GQG Partners Inc. | 11.51% | 13.90% | 11.69% | 11.43% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQ Invesco QQQ | 0.53% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
GQG.AX vs. QQQ - Drawdown Comparison
The maximum GQG.AX drawdown since its inception was -42.26%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for GQG.AX and QQQ. For additional features, visit the drawdowns tool.
Volatility
GQG.AX vs. QQQ - Volatility Comparison
GQG Partners Inc. (GQG.AX) has a higher volatility of 8.45% compared to Invesco QQQ (QQQ) at 4.69%. This indicates that GQG.AX'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.