JNJ vs. QQQ
Compare and contrast key facts about Johnson & Johnson (JNJ) 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 or QQQ.
Performance
JNJ vs. QQQ - Performance Comparison
Returns By Period
In the year-to-date period, JNJ achieves a 0.64% return, which is significantly lower than QQQ's 21.78% return. Over the past 10 years, JNJ has underperformed QQQ with an annualized return of 6.50%, while QQQ has yielded a comparatively higher 17.95% annualized return.
JNJ
0.64%
-6.66%
1.24%
6.15%
5.59%
6.50%
QQQ
21.78%
1.15%
10.25%
29.54%
20.42%
17.95%
Key characteristics
| JNJ | QQQ | |
|---|---|---|
| Sharpe Ratio | 0.39 | 1.70 |
| Sortino Ratio | 0.69 | 2.29 |
| Omega Ratio | 1.08 | 1.31 |
| Calmar Ratio | 0.33 | 2.19 |
| Martin Ratio | 1.13 | 7.96 |
| Ulcer Index | 5.24% | 3.72% |
| Daily Std Dev | 15.10% | 17.39% |
| Max Drawdown | -38.78% | -82.98% |
| Current Drawdown | -10.90% | -3.42% |
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Correlation
The correlation between JNJ and QQQ is 0.33, 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
JNJ vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Johnson & Johnson (JNJ) 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 vs. QQQ - Dividend Comparison
JNJ's dividend yield for the trailing twelve months is around 3.15%, more than QQQ's 0.61% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JNJ Johnson & Johnson | 3.15% | 3.00% | 2.52% | 2.45% | 2.53% | 2.57% | 2.74% | 2.38% | 2.73% | 2.87% | 2.64% | 2.83% |
QQQ Invesco QQQ | 0.61% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.02% |
Drawdowns
JNJ vs. QQQ - Drawdown Comparison
The maximum JNJ drawdown since its inception was -38.78%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for JNJ and QQQ. For additional features, visit the drawdowns tool.
Volatility
JNJ vs. QQQ - Volatility Comparison
The current volatility for Johnson & Johnson (JNJ) is 4.13%, while Invesco QQQ (QQQ) has a volatility of 5.58%. This indicates that JNJ 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.