HWKN vs. QQQ
Compare and contrast key facts about Hawkins, Inc. (HWKN) 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: HWKN or QQQ.
Performance
HWKN vs. QQQ - Performance Comparison
Returns By Period
In the year-to-date period, HWKN achieves a 83.13% return, which is significantly higher than QQQ's 23.84% return. Over the past 10 years, HWKN has outperformed QQQ with an annualized return of 22.63%, while QQQ has yielded a comparatively lower 18.03% annualized return.
HWKN
83.13%
4.30%
46.64%
107.33%
47.14%
22.63%
QQQ
23.84%
1.82%
11.65%
30.35%
20.97%
18.03%
Key characteristics
| HWKN | QQQ | |
|---|---|---|
| Sharpe Ratio | 2.74 | 1.78 |
| Sortino Ratio | 3.55 | 2.37 |
| Omega Ratio | 1.46 | 1.32 |
| Calmar Ratio | 5.19 | 2.28 |
| Martin Ratio | 17.53 | 8.27 |
| Ulcer Index | 6.17% | 3.73% |
| Daily Std Dev | 39.53% | 17.37% |
| Max Drawdown | -44.76% | -82.98% |
| Current Drawdown | -4.48% | -1.78% |
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Correlation
The correlation between HWKN and QQQ is 0.27, 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.
Risk-Adjusted Performance
HWKN vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Hawkins, Inc. (HWKN) 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
HWKN vs. QQQ - Dividend Comparison
HWKN's dividend yield for the trailing twelve months is around 0.53%, less than QQQ's 0.60% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HWKN Hawkins, Inc. | 0.53% | 0.88% | 1.45% | 1.28% | 1.78% | 2.01% | 2.17% | 2.44% | 1.52% | 2.18% | 1.71% | 1.88% |
QQQ Invesco QQQ | 0.60% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.02% |
Drawdowns
HWKN vs. QQQ - Drawdown Comparison
The maximum HWKN drawdown since its inception was -44.76%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for HWKN and QQQ. For additional features, visit the drawdowns tool.
Volatility
HWKN vs. QQQ - Volatility Comparison
Hawkins, Inc. (HWKN) has a higher volatility of 15.14% compared to Invesco QQQ (QQQ) at 5.41%. This indicates that HWKN'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.