IBRX vs. QQQ
Compare and contrast key facts about ImmunityBio, Inc. (IBRX) 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: IBRX or QQQ.
Correlation
The correlation between IBRX and QQQ is 0.35, 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
IBRX vs. QQQ - Performance Comparison
Key characteristics
IBRX:
-0.10
QQQ:
1.53
IBRX:
0.75
QQQ:
2.07
IBRX:
1.09
QQQ:
1.27
IBRX:
-0.12
QQQ:
2.05
IBRX:
-0.27
QQQ:
7.16
IBRX:
42.61%
QQQ:
3.89%
IBRX:
116.88%
QQQ:
18.14%
IBRX:
-97.14%
QQQ:
-82.98%
IBRX:
-92.38%
QQQ:
-2.33%
Returns By Period
In the year-to-date period, IBRX achieves a 25.78% return, which is significantly higher than QQQ's 2.65% return.
IBRX
25.78%
22.90%
-43.01%
-11.78%
-13.86%
N/A
QQQ
2.65%
1.35%
9.52%
25.18%
19.35%
18.53%
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Risk-Adjusted Performance
IBRX vs. QQQ — Risk-Adjusted Performance Rank
IBRX
QQQ
IBRX vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ImmunityBio, Inc. (IBRX) 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
IBRX vs. QQQ - Dividend Comparison
IBRX has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.54%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IBRX ImmunityBio, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQ Invesco QQQ | 0.54% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
IBRX vs. QQQ - Drawdown Comparison
The maximum IBRX drawdown since its inception was -97.14%, which is greater than QQQ's maximum drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for IBRX and QQQ. For additional features, visit the drawdowns tool.
Volatility
IBRX vs. QQQ - Volatility Comparison
ImmunityBio, Inc. (IBRX) has a higher volatility of 32.16% compared to Invesco QQQ (QQQ) at 6.48%. This indicates that IBRX'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.