HTZ vs. QQQM
Compare and contrast key facts about Hertz Global Holdings Inc (HTZ) and Invesco NASDAQ 100 ETF (QQQM).
QQQM is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Oct 13, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HTZ or QQQM.
Correlation
The correlation between HTZ and QQQM is 0.39, 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
HTZ vs. QQQM - Performance Comparison
Key characteristics
HTZ:
-0.63
QQQM:
1.28
HTZ:
-0.69
QQQM:
1.75
HTZ:
0.92
QQQM:
1.23
HTZ:
-0.53
QQQM:
1.72
HTZ:
-0.96
QQQM:
5.95
HTZ:
50.91%
QQQM:
3.92%
HTZ:
77.89%
QQQM:
18.31%
HTZ:
-92.53%
QQQM:
-35.05%
HTZ:
-87.28%
QQQM:
-1.50%
Returns By Period
In the year-to-date period, HTZ achieves a 21.86% return, which is significantly higher than QQQM's 3.52% return.
HTZ
21.86%
18.30%
31.95%
-47.16%
N/A
N/A
QQQM
3.52%
4.31%
17.60%
21.89%
N/A
N/A
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Risk-Adjusted Performance
HTZ vs. QQQM — Risk-Adjusted Performance Rank
HTZ
QQQM
HTZ vs. QQQM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Hertz Global Holdings Inc (HTZ) and Invesco NASDAQ 100 ETF (QQQM). 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
HTZ vs. QQQM - Dividend Comparison
HTZ has not paid dividends to shareholders, while QQQM's dividend yield for the trailing twelve months is around 0.59%.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | |
---|---|---|---|---|---|---|
HTZ Hertz Global Holdings Inc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQM Invesco NASDAQ 100 ETF | 0.59% | 0.61% | 0.65% | 0.83% | 0.40% | 0.16% |
Drawdowns
HTZ vs. QQQM - Drawdown Comparison
The maximum HTZ drawdown since its inception was -92.53%, which is greater than QQQM's maximum drawdown of -35.05%. Use the drawdown chart below to compare losses from any high point for HTZ and QQQM. For additional features, visit the drawdowns tool.
Volatility
HTZ vs. QQQM - Volatility Comparison
Hertz Global Holdings Inc (HTZ) has a higher volatility of 16.43% compared to Invesco NASDAQ 100 ETF (QQQM) at 5.56%. This indicates that HTZ's price experiences larger fluctuations and is considered to be riskier than QQQM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.