JNJ.DE vs. QQQ
Compare and contrast key facts about Johnson & Johnson (JNJ.DE) 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: JNJ.DE or QQQ.
Key characteristics
| JNJ.DE | QQQ | |
|---|---|---|
| YTD Return | 8.33% | 15.90% |
| 1Y Return | 1.47% | 28.50% |
| 3Y Return (Ann) | 5.43% | 8.93% |
| 5Y Return (Ann) | 8.29% | 20.58% |
| 10Y Return (Ann) | 9.24% | 17.81% |
| Sharpe Ratio | 0.13 | 1.48 |
| Daily Std Dev | 14.52% | 17.72% |
| Max Drawdown | -45.47% | -82.98% |
| Current Drawdown | -9.35% | -5.91% |
Correlation
The correlation between JNJ.DE and QQQ is 0.17, 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
JNJ.DE vs. QQQ - Performance Comparison
In the year-to-date period, JNJ.DE achieves a 8.33% return, which is significantly lower than QQQ's 15.90% return. Over the past 10 years, JNJ.DE has underperformed QQQ with an annualized return of 9.24%, while QQQ has yielded a comparatively higher 17.81% annualized return. 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
JNJ.DE vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Johnson & Johnson (JNJ.DE) 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
JNJ.DE vs. QQQ - Dividend Comparison
JNJ.DE's dividend yield for the trailing twelve months is around 2.97%, more than QQQ's 0.61% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JNJ.DE Johnson & Johnson | 2.97% | 3.07% | 2.56% | 2.80% | 2.78% | 2.57% | 2.70% | 2.47% | 2.56% | 2.77% | 2.41% | 2.93% |
QQQ Invesco QQQ | 0.50% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.01% |
Drawdowns
JNJ.DE vs. QQQ - Drawdown Comparison
The maximum JNJ.DE drawdown since its inception was -45.47%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for JNJ.DE and QQQ. For additional features, visit the drawdowns tool.
Volatility
JNJ.DE vs. QQQ - Volatility Comparison
The current volatility for Johnson & Johnson (JNJ.DE) is 3.16%, while Invesco QQQ (QQQ) has a volatility of 6.05%. This indicates that JNJ.DE experiences smaller price fluctuations and is considered to be less risky than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.