HTHIY vs. QQQ
Compare and contrast key facts about Hitachi Ltd ADR (HTHIY) 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: HTHIY or QQQ.
Correlation
The correlation between HTHIY 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
HTHIY vs. QQQ - Performance Comparison
Key characteristics
HTHIY:
0.25
QQQ:
0.15
HTHIY:
1.59
QQQ:
0.38
HTHIY:
1.31
QQQ:
1.05
HTHIY:
0.48
QQQ:
0.16
HTHIY:
1.31
QQQ:
0.58
HTHIY:
24.52%
QQQ:
6.25%
HTHIY:
129.87%
QQQ:
24.88%
HTHIY:
-82.30%
QQQ:
-82.98%
HTHIY:
-58.38%
QQQ:
-17.56%
Returns By Period
In the year-to-date period, HTHIY achieves a -4.63% return, which is significantly higher than QQQ's -13.00% return. Over the past 10 years, HTHIY has outperformed QQQ with an annualized return of 22.00%, while QQQ has yielded a comparatively lower 16.13% annualized return.
HTHIY
-4.63%
-4.78%
-11.00%
34.94%
36.20%
22.00%
QQQ
-13.00%
-7.51%
-9.91%
5.53%
16.35%
16.13%
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Risk-Adjusted Performance
HTHIY vs. QQQ — Risk-Adjusted Performance Rank
HTHIY
QQQ
HTHIY vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Hitachi Ltd ADR (HTHIY) 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
HTHIY vs. QQQ - Dividend Comparison
HTHIY's dividend yield for the trailing twelve months is around 0.58%, less than QQQ's 0.67% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HTHIY Hitachi Ltd ADR | 0.58% | 1.07% | 2.98% | 1.98% | 3.80% | 2.38% | 3.01% | 2.69% | 10.51% | 21.85% | 17.70% | 15.27% |
QQQ Invesco QQQ | 0.67% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
HTHIY vs. QQQ - Drawdown Comparison
The maximum HTHIY drawdown since its inception was -82.30%, roughly equal to the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for HTHIY and QQQ. For additional features, visit the drawdowns tool.
Volatility
HTHIY vs. QQQ - Volatility Comparison
Hitachi Ltd ADR (HTHIY) has a higher volatility of 19.95% compared to Invesco QQQ (QQQ) at 16.19%. This indicates that HTHIY'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.