HESAY vs. QQQ
Compare and contrast key facts about Hermes International SA (HESAY) 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: HESAY or QQQ.
Key characteristics
| HESAY | QQQ | |
|---|---|---|
| YTD Return | 1.49% | 16.41% |
| 1Y Return | 7.52% | 26.86% |
| 3Y Return (Ann) | 13.29% | 8.93% |
| 5Y Return (Ann) | 25.52% | 20.65% |
| 10Y Return (Ann) | 22.98% | 17.94% |
| Sharpe Ratio | 0.36 | 1.57 |
| Daily Std Dev | 25.53% | 17.78% |
| Max Drawdown | -45.94% | -82.98% |
| Current Drawdown | -17.96% | -5.49% |
Correlation
The correlation between HESAY and QQQ is 0.28, 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
HESAY vs. QQQ - Performance Comparison
In the year-to-date period, HESAY achieves a 1.49% return, which is significantly lower than QQQ's 16.41% return. Over the past 10 years, HESAY has outperformed QQQ with an annualized return of 22.98%, while QQQ has yielded a comparatively lower 17.94% 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
HESAY vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Hermes International SA (HESAY) 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
HESAY vs. QQQ - Dividend Comparison
HESAY's dividend yield for the trailing twelve months is around 1.27%, more than QQQ's 0.61% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HESAY Hermes International SA | 1.27% | 0.65% | 0.58% | 0.31% | 0.82% | 0.69% | 0.90% | 0.76% | 0.90% | 2.60% | 1.01% | 0.90% |
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% | 1.01% |
Drawdowns
HESAY vs. QQQ - Drawdown Comparison
The maximum HESAY drawdown since its inception was -45.94%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for HESAY and QQQ. For additional features, visit the drawdowns tool.
Volatility
HESAY vs. QQQ - Volatility Comparison
Hermes International SA (HESAY) has a higher volatility of 9.20% compared to Invesco QQQ (QQQ) at 6.53%. This indicates that HESAY'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.