GRRR vs. QQQ
Compare and contrast key facts about Gorilla Technology Group Inc. (GRRR) 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: GRRR or QQQ.
Correlation
The correlation between GRRR and QQQ is 0.08, 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
GRRR vs. QQQ - Performance Comparison
Key characteristics
GRRR:
1.69
QQQ:
0.15
GRRR:
2.52
QQQ:
0.38
GRRR:
1.31
QQQ:
1.05
GRRR:
2.38
QQQ:
0.16
GRRR:
6.17
QQQ:
0.58
GRRR:
38.37%
QQQ:
6.25%
GRRR:
140.34%
QQQ:
24.88%
GRRR:
-99.38%
QQQ:
-82.98%
GRRR:
-94.67%
QQQ:
-17.56%
Returns By Period
In the year-to-date period, GRRR achieves a 6.81% return, which is significantly higher than QQQ's -13.00% return.
GRRR
6.81%
-18.50%
354.95%
281.98%
N/A
N/A
QQQ
-13.00%
-7.20%
-9.91%
7.76%
16.65%
16.07%
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Risk-Adjusted Performance
GRRR vs. QQQ — Risk-Adjusted Performance Rank
GRRR
QQQ
GRRR vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Gorilla Technology Group Inc. (GRRR) 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
GRRR vs. QQQ - Dividend Comparison
GRRR has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.67%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GRRR Gorilla Technology Group Inc. | 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 | 0.67% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
GRRR vs. QQQ - Drawdown Comparison
The maximum GRRR drawdown since its inception was -99.38%, which is greater than QQQ's maximum drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for GRRR and QQQ. For additional features, visit the drawdowns tool.
Volatility
GRRR vs. QQQ - Volatility Comparison
Gorilla Technology Group Inc. (GRRR) has a higher volatility of 45.21% compared to Invesco QQQ (QQQ) at 16.19%. This indicates that GRRR'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.