PortfoliosLab logo
HPQ vs. QQQ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between HPQ and QQQ is 0.60, 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.


-0.50.00.51.0
Correlation: 0.6

Performance

HPQ vs. QQQ - Performance Comparison

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

200.00%400.00%600.00%800.00%1,000.00%1,200.00%NovemberDecember2025FebruaryMarchApril
260.21%
990.35%
HPQ
QQQ

Key characteristics

Sharpe Ratio

HPQ:

-0.14

QQQ:

0.47

Sortino Ratio

HPQ:

0.07

QQQ:

0.82

Omega Ratio

HPQ:

1.01

QQQ:

1.11

Calmar Ratio

HPQ:

-0.13

QQQ:

0.52

Martin Ratio

HPQ:

-0.36

QQQ:

1.79

Ulcer Index

HPQ:

15.01%

QQQ:

6.64%

Daily Std Dev

HPQ:

39.35%

QQQ:

25.28%

Max Drawdown

HPQ:

-82.89%

QQQ:

-82.98%

Current Drawdown

HPQ:

-34.48%

QQQ:

-12.28%

Returns By Period

In the year-to-date period, HPQ achieves a -21.73% return, which is significantly lower than QQQ's -7.43% return. Over the past 10 years, HPQ has underperformed QQQ with an annualized return of 8.83%, while QQQ has yielded a comparatively higher 16.64% annualized return.


HPQ

YTD

-21.73%

1M

-11.95%

6M

-30.18%

1Y

-6.99%

5Y*

14.74%

10Y*

8.83%

QQQ

YTD

-7.43%

1M

-2.44%

6M

-4.30%

1Y

12.01%

5Y*

17.97%

10Y*

16.64%

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Risk-Adjusted Performance

HPQ vs. QQQ — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

HPQ
The Risk-Adjusted Performance Rank of HPQ is 4242
Overall Rank
The Sharpe Ratio Rank of HPQ is 4444
Sharpe Ratio Rank
The Sortino Ratio Rank of HPQ is 3939
Sortino Ratio Rank
The Omega Ratio Rank of HPQ is 3939
Omega Ratio Rank
The Calmar Ratio Rank of HPQ is 4444
Calmar Ratio Rank
The Martin Ratio Rank of HPQ is 4444
Martin Ratio Rank

QQQ
The Risk-Adjusted Performance Rank of QQQ is 5757
Overall Rank
The Sharpe Ratio Rank of QQQ is 5454
Sharpe Ratio Rank
The Sortino Ratio Rank of QQQ is 5656
Sortino Ratio Rank
The Omega Ratio Rank of QQQ is 5656
Omega Ratio Rank
The Calmar Ratio Rank of QQQ is 6262
Calmar Ratio Rank
The Martin Ratio Rank of QQQ is 5555
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

HPQ vs. QQQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for HP Inc. (HPQ) 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.


The chart of Sharpe ratio for HPQ, currently valued at -0.14, compared to the broader market-2.00-1.000.001.002.003.00
HPQ: -0.14
QQQ: 0.47
The chart of Sortino ratio for HPQ, currently valued at 0.07, compared to the broader market-6.00-4.00-2.000.002.004.00
HPQ: 0.07
QQQ: 0.82
The chart of Omega ratio for HPQ, currently valued at 1.01, compared to the broader market0.501.001.502.00
HPQ: 1.01
QQQ: 1.11
The chart of Calmar ratio for HPQ, currently valued at -0.13, compared to the broader market0.001.002.003.004.005.00
HPQ: -0.13
QQQ: 0.52
The chart of Martin ratio for HPQ, currently valued at -0.36, compared to the broader market-5.000.005.0010.0015.0020.00
HPQ: -0.36
QQQ: 1.79

The current HPQ Sharpe Ratio is -0.14, which is lower than the QQQ Sharpe Ratio of 0.47. The chart below compares the historical Sharpe Ratios of HPQ 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-1.000.001.002.003.00NovemberDecember2025FebruaryMarchApril
-0.14
0.47
HPQ
QQQ

Dividends

HPQ vs. QQQ - Dividend Comparison

HPQ's dividend yield for the trailing twelve months is around 4.47%, more than QQQ's 0.63% yield.


TTM20242023202220212020201920182017201620152014
HPQ
HP Inc.
4.47%3.42%3.53%3.77%2.21%2.94%3.20%2.83%2.56%4.24%3.01%1.56%
QQQ
Invesco QQQ
0.63%0.56%0.62%0.80%0.43%0.55%0.74%0.91%0.84%1.06%0.99%1.41%

Drawdowns

HPQ vs. QQQ - Drawdown Comparison

The maximum HPQ drawdown since its inception was -82.89%, roughly equal to the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for HPQ and QQQ. For additional features, visit the drawdowns tool.


-40.00%-30.00%-20.00%-10.00%0.00%NovemberDecember2025FebruaryMarchApril
-34.48%
-12.28%
HPQ
QQQ

Volatility

HPQ vs. QQQ - Volatility Comparison

HP Inc. (HPQ) has a higher volatility of 23.15% compared to Invesco QQQ (QQQ) at 16.86%. This indicates that HPQ'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.


5.00%10.00%15.00%20.00%NovemberDecember2025FebruaryMarchApril
23.15%
16.86%
HPQ
QQQ