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.
Key characteristics
| HWKN | QQQ | |
|---|---|---|
| YTD Return | 8.90% | 9.03% |
| 1Y Return | 81.80% | 37.37% |
| 3Y Return (Ann) | 33.93% | 11.70% |
| 5Y Return (Ann) | 35.11% | 20.11% |
| 10Y Return (Ann) | 18.12% | 18.68% |
| Sharpe Ratio | 2.24 | 2.35 |
| Daily Std Dev | 35.93% | 16.21% |
| Max Drawdown | -59.95% | -82.98% |
| Current Drawdown | -3.37% | -0.10% |
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.
Performance
HWKN vs. QQQ - Performance Comparison
The year-to-date returns for both investments are quite close, with HWKN having a 8.90% return and QQQ slightly higher at 9.03%. Both investments have delivered pretty close results over the past 10 years, with HWKN having a 18.12% annualized return and QQQ not far ahead at 18.68%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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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 0.82%, more than QQQ's 0.59% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HWKN Hawkins, Inc. | 0.82% | 0.88% | 1.45% | 1.27% | 1.78% | 2.01% | 2.17% | 2.44% | 1.52% | 2.18% | 1.71% | 1.88% |
QQQ Invesco QQQ | 0.59% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.01% |
Drawdowns
HWKN vs. QQQ - Drawdown Comparison
The maximum HWKN drawdown since its inception was -59.95%, 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 8.02% compared to Invesco QQQ (QQQ) at 4.93%. 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.