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.
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
Key characteristics
HWKN:
1.91
QQQ:
1.64
HWKN:
2.69
QQQ:
2.19
HWKN:
1.35
QQQ:
1.30
HWKN:
3.63
QQQ:
2.16
HWKN:
12.90
QQQ:
7.79
HWKN:
5.86%
QQQ:
3.76%
HWKN:
39.64%
QQQ:
17.85%
HWKN:
-44.76%
QQQ:
-82.98%
HWKN:
-9.90%
QQQ:
-3.63%
Returns By Period
In the year-to-date period, HWKN achieves a 77.33% return, which is significantly higher than QQQ's 27.20% return. Over the past 10 years, HWKN has outperformed QQQ with an annualized return of 21.28%, while QQQ has yielded a comparatively lower 18.36% annualized return.
HWKN
77.33%
-2.52%
41.32%
74.48%
42.36%
21.28%
QQQ
27.20%
3.08%
8.34%
27.81%
20.44%
18.36%
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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 0.55%, more than QQQ's 0.43% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HWKN Hawkins, Inc. | 0.55% | 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 | 0.43% | 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 12.65% compared to Invesco QQQ (QQQ) at 5.29%. 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.