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:
1.59
QQQ:
1.26
HTHIY:
2.18
QQQ:
1.73
HTHIY:
1.29
QQQ:
1.23
HTHIY:
3.13
QQQ:
1.70
HTHIY:
9.66
QQQ:
5.86
HTHIY:
7.22%
QQQ:
3.93%
HTHIY:
43.83%
QQQ:
18.31%
HTHIY:
-83.83%
QQQ:
-82.98%
HTHIY:
-4.40%
QQQ:
-2.68%
Returns By Period
In the year-to-date period, HTHIY achieves a 7.48% return, which is significantly higher than QQQ's 2.29% return. Over the past 10 years, HTHIY has outperformed QQQ with an annualized return of 24.70%, while QQQ has yielded a comparatively lower 18.46% annualized return.
HTHIY
7.48%
7.58%
21.33%
68.90%
35.25%
24.70%
QQQ
2.29%
1.48%
16.45%
21.54%
18.74%
18.46%
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
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 0.48%, less than QQQ's 0.54% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HTHIY Hitachi Ltd ADR | 0.48% | 0.52% | 1.49% | 1.98% | 5.60% | 11.92% | 10.22% | 13.45% | 8.07% | 9.93% | 8.43% | 6.96% |
QQQ Invesco QQQ | 0.54% | 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 -83.83%, 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 12.69% compared to Invesco QQQ (QQQ) at 5.48%. 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.