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.
Correlation
The correlation between HESAY and QQQ is 0.30, 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
Key characteristics
HESAY:
0.37
QQQ:
1.64
HESAY:
0.75
QQQ:
2.19
HESAY:
1.09
QQQ:
1.30
HESAY:
0.52
QQQ:
2.16
HESAY:
1.01
QQQ:
7.79
HESAY:
10.14%
QQQ:
3.76%
HESAY:
27.85%
QQQ:
17.85%
HESAY:
-45.94%
QQQ:
-82.98%
HESAY:
-7.82%
QQQ:
-3.63%
Returns By Period
In the year-to-date period, HESAY achieves a 14.04% return, which is significantly lower than QQQ's 27.20% return. Over the past 10 years, HESAY has outperformed QQQ with an annualized return of 22.78%, while QQQ has yielded a comparatively lower 18.36% annualized return.
HESAY
14.04%
14.00%
3.31%
10.40%
27.36%
22.78%
QQQ
27.20%
3.08%
8.34%
27.81%
20.44%
18.36%
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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 1.13%, more than QQQ's 0.43% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HESAY Hermes International SA | 1.13% | 0.65% | 0.58% | 0.31% | 0.81% | 0.68% | 0.90% | 0.76% | 0.92% | 2.57% | 1.04% | 0.91% |
QQQ Invesco QQQ | 0.43% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.02% |
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 7.15% compared to Invesco QQQ (QQQ) at 5.29%. 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.