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.
Correlation
The correlation between JNJ and QQQ is 0.32, 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 vs. QQQ - Performance Comparison
Key characteristics
JNJ:
0.37
QQQ:
1.30
JNJ:
0.68
QQQ:
1.78
JNJ:
1.08
QQQ:
1.24
JNJ:
0.34
QQQ:
1.76
JNJ:
0.84
QQQ:
6.08
JNJ:
7.24%
QQQ:
3.92%
JNJ:
16.40%
QQQ:
18.35%
JNJ:
-52.60%
QQQ:
-82.98%
JNJ:
-4.67%
QQQ:
-2.49%
Returns By Period
In the year-to-date period, JNJ achieves a 13.12% return, which is significantly higher than QQQ's 2.90% return. Over the past 10 years, JNJ has underperformed QQQ with an annualized return of 7.85%, while QQQ has yielded a comparatively higher 18.06% annualized return.
JNJ
13.12%
12.62%
1.24%
4.40%
4.63%
7.85%
QQQ
2.90%
-1.02%
9.93%
20.80%
18.77%
18.06%
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Risk-Adjusted Performance
JNJ vs. QQQ — Risk-Adjusted Performance Rank
JNJ
QQQ
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 3.06%, more than QQQ's 0.54% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JNJ Johnson & Johnson | 3.06% | 3.40% | 3.00% | 2.52% | 2.45% | 2.53% | 2.57% | 2.74% | 2.38% | 2.73% | 2.87% | 2.64% |
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
JNJ vs. QQQ - Drawdown Comparison
The maximum JNJ drawdown since its inception was -52.60%, 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
Johnson & Johnson (JNJ) has a higher volatility of 5.55% compared to Invesco QQQ (QQQ) at 5.02%. This indicates that JNJ'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.