HOOD vs. QQQ
Compare and contrast key facts about Robinhood Markets, Inc. (HOOD) 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: HOOD or QQQ.
Performance
HOOD vs. QQQ - Performance Comparison
Returns By Period
In the year-to-date period, HOOD achieves a 175.43% return, which is significantly higher than QQQ's 23.84% return.
HOOD
175.43%
28.02%
82.38%
326.89%
N/A
N/A
QQQ
23.84%
1.82%
11.65%
30.35%
20.97%
18.03%
Key characteristics
| HOOD | QQQ | |
|---|---|---|
| Sharpe Ratio | 5.64 | 1.78 |
| Sortino Ratio | 4.67 | 2.37 |
| Omega Ratio | 1.63 | 1.32 |
| Calmar Ratio | 3.85 | 2.28 |
| Martin Ratio | 30.55 | 8.27 |
| Ulcer Index | 11.12% | 3.73% |
| Daily Std Dev | 60.20% | 17.37% |
| Max Drawdown | -90.21% | -82.98% |
| Current Drawdown | -50.15% | -1.78% |
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Correlation
The correlation between HOOD and QQQ is 0.54, 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.
Risk-Adjusted Performance
HOOD vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Robinhood Markets, Inc. (HOOD) 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
HOOD vs. QQQ - Dividend Comparison
HOOD has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.60%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HOOD Robinhood Markets, 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 | 0.60% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.02% |
Drawdowns
HOOD vs. QQQ - Drawdown Comparison
The maximum HOOD drawdown since its inception was -90.21%, which is greater than QQQ's maximum drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for HOOD and QQQ. For additional features, visit the drawdowns tool.
Volatility
HOOD vs. QQQ - Volatility Comparison
Robinhood Markets, Inc. (HOOD) has a higher volatility of 29.11% compared to Invesco QQQ (QQQ) at 5.41%. This indicates that HOOD'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.