GRAB vs. QQQ
Compare and contrast key facts about Grab Holdings Limited (GRAB) 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: GRAB or QQQ.
Correlation
The correlation between GRAB and QQQ is 0.32, 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
GRAB vs. QQQ - Performance Comparison
Key characteristics
GRAB:
0.80
QQQ:
0.49
GRAB:
1.38
QQQ:
0.85
GRAB:
1.22
QQQ:
1.12
GRAB:
0.49
QQQ:
0.54
GRAB:
3.03
QQQ:
1.86
GRAB:
13.08%
QQQ:
6.59%
GRAB:
49.21%
QQQ:
25.26%
GRAB:
-86.46%
QQQ:
-82.98%
GRAB:
-72.57%
QQQ:
-13.25%
Returns By Period
In the year-to-date period, GRAB achieves a -0.85% return, which is significantly higher than QQQ's -8.45% return.
GRAB
-0.85%
3.08%
13.32%
34.48%
N/A
N/A
QQQ
-8.45%
-5.29%
-4.78%
10.24%
17.72%
16.49%
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Risk-Adjusted Performance
GRAB vs. QQQ — Risk-Adjusted Performance Rank
GRAB
QQQ
GRAB vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Grab Holdings Limited (GRAB) 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
GRAB vs. QQQ - Dividend Comparison
GRAB has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.64%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GRAB Grab Holdings Limited | 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 | 0.64% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
GRAB vs. QQQ - Drawdown Comparison
The maximum GRAB drawdown since its inception was -86.46%, roughly equal to the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for GRAB and QQQ. For additional features, visit the drawdowns tool.
Volatility
GRAB vs. QQQ - Volatility Comparison
Grab Holdings Limited (GRAB) has a higher volatility of 27.13% compared to Invesco QQQ (QQQ) at 16.89%. This indicates that GRAB'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.