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 0.31, 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
Loading data...
Key characteristics
HTHIY:
0.35
QQQ:
0.64
HTHIY:
1.72
QQQ:
1.12
HTHIY:
1.34
QQQ:
1.16
HTHIY:
0.65
QQQ:
0.78
HTHIY:
1.51
QQQ:
2.53
HTHIY:
28.93%
QQQ:
6.98%
HTHIY:
130.31%
QQQ:
25.46%
HTHIY:
-82.30%
QQQ:
-82.98%
HTHIY:
-53.78%
QQQ:
-3.19%
Returns By Period
In the year-to-date period, HTHIY achieves a 5.90% return, which is significantly higher than QQQ's 2.16% return. Over the past 10 years, HTHIY has outperformed QQQ with an annualized return of 22.86%, while QQQ has yielded a comparatively lower 17.75% annualized return.
HTHIY
5.90%
11.05%
4.04%
43.43%
38.00%
22.86%
QQQ
2.16%
17.43%
5.35%
16.14%
18.94%
17.75%
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.
Loading data...
Dividends
HTHIY vs. QQQ - Dividend Comparison
HTHIY's dividend yield for the trailing twelve months is around 0.52%, less than QQQ's 0.57% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HTHIY Hitachi Ltd ADR | 0.52% | 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 | 0.57% | 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.
Loading data...
Volatility
HTHIY vs. QQQ - Volatility Comparison
Hitachi Ltd ADR (HTHIY) has a higher volatility of 14.71% compared to Invesco QQQ (QQQ) at 6.50%. 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.
Loading data...