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HOG vs. QQQ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between HOG and QQQ is 0.48, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.00.5

Performance

HOG vs. QQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Harley-Davidson, Inc. (HOG) and Invesco QQQ (QQQ). The values are adjusted to include any dividend payments, if applicable.

0.00%200.00%400.00%600.00%800.00%1,000.00%1,200.00%JulyAugustSeptemberOctoberNovemberDecember
61.68%
1,087.64%
HOG
QQQ

Key characteristics

Sharpe Ratio

HOG:

-0.27

QQQ:

1.54

Sortino Ratio

HOG:

-0.13

QQQ:

2.06

Omega Ratio

HOG:

0.98

QQQ:

1.28

Calmar Ratio

HOG:

-0.21

QQQ:

2.03

Martin Ratio

HOG:

-0.57

QQQ:

7.34

Ulcer Index

HOG:

17.11%

QQQ:

3.75%

Daily Std Dev

HOG:

36.84%

QQQ:

17.90%

Max Drawdown

HOG:

-88.26%

QQQ:

-82.98%

Current Drawdown

HOG:

-46.85%

QQQ:

-4.03%

Returns By Period

In the year-to-date period, HOG achieves a -15.63% return, which is significantly lower than QQQ's 26.66% return. Over the past 10 years, HOG has underperformed QQQ with an annualized return of -5.00%, while QQQ has yielded a comparatively higher 18.30% annualized return.


HOG

YTD

-15.63%

1M

-7.07%

6M

-9.50%

1Y

-11.78%

5Y*

-2.39%

10Y*

-5.00%

QQQ

YTD

26.66%

1M

3.29%

6M

6.76%

1Y

26.84%

5Y*

20.38%

10Y*

18.30%

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Risk-Adjusted Performance

HOG vs. QQQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Harley-Davidson, Inc. (HOG) 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.


Sharpe ratio
The chart of Sharpe ratio for HOG, currently valued at -0.27, compared to the broader market-4.00-2.000.002.00-0.271.54
The chart of Sortino ratio for HOG, currently valued at -0.13, compared to the broader market-4.00-2.000.002.004.00-0.132.06
The chart of Omega ratio for HOG, currently valued at 0.98, compared to the broader market0.501.001.502.000.981.28
The chart of Calmar ratio for HOG, currently valued at -0.21, compared to the broader market0.002.004.006.00-0.212.03
The chart of Martin ratio for HOG, currently valued at -0.57, compared to the broader market0.0010.0020.00-0.577.34
HOG
QQQ

The current HOG Sharpe Ratio is -0.27, which is lower than the QQQ Sharpe Ratio of 1.54. The chart below compares the historical Sharpe Ratios of HOG and QQQ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-0.500.000.501.001.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
-0.27
1.54
HOG
QQQ

Dividends

HOG vs. QQQ - Dividend Comparison

HOG's dividend yield for the trailing twelve months is around 2.27%, more than QQQ's 0.43% yield.


TTM20232022202120202019201820172016201520142013
HOG
Harley-Davidson, Inc.
2.27%1.79%1.52%1.59%1.20%4.03%4.34%2.87%2.40%2.73%1.67%1.21%
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

HOG vs. QQQ - Drawdown Comparison

The maximum HOG drawdown since its inception was -88.26%, which is greater than QQQ's maximum drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for HOG and QQQ. For additional features, visit the drawdowns tool.


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-46.85%
-4.03%
HOG
QQQ

Volatility

HOG vs. QQQ - Volatility Comparison

Harley-Davidson, Inc. (HOG) has a higher volatility of 7.32% compared to Invesco QQQ (QQQ) at 5.23%. This indicates that HOG'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.


4.00%6.00%8.00%10.00%12.00%JulyAugustSeptemberOctoberNovemberDecember
7.32%
5.23%
HOG
QQQ
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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