KAR vs. QQQ
Compare and contrast key facts about KAR Auction Services, Inc. (KAR) 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: KAR or QQQ.
Correlation
The correlation between KAR and QQQ is 0.44, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
KAR vs. QQQ - Performance Comparison
Key characteristics
KAR:
1.75
QQQ:
1.40
KAR:
2.79
QQQ:
1.90
KAR:
1.31
QQQ:
1.25
KAR:
0.99
QQQ:
1.88
KAR:
6.93
QQQ:
6.51
KAR:
6.73%
QQQ:
3.92%
KAR:
26.70%
QQQ:
18.23%
KAR:
-64.48%
QQQ:
-82.98%
KAR:
-21.82%
QQQ:
-0.42%
Returns By Period
In the year-to-date period, KAR achieves a 5.39% return, which is significantly higher than QQQ's 5.09% return. Over the past 10 years, KAR has underperformed QQQ with an annualized return of 5.74%, while QQQ has yielded a comparatively higher 18.32% annualized return.
KAR
5.39%
1.70%
21.78%
42.34%
-0.97%
5.74%
QQQ
5.09%
2.37%
13.48%
26.98%
19.29%
18.32%
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Risk-Adjusted Performance
KAR vs. QQQ — Risk-Adjusted Performance Rank
KAR
QQQ
KAR vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for KAR Auction Services, Inc. (KAR) 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
KAR vs. QQQ - Dividend Comparison
KAR has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.53%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KAR KAR Auction Services, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.02% | 2.96% | 2.93% | 2.59% | 2.79% | 2.92% | 2.94% |
QQQ Invesco QQQ | 0.53% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
KAR vs. QQQ - Drawdown Comparison
The maximum KAR drawdown since its inception was -64.48%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for KAR and QQQ. For additional features, visit the drawdowns tool.
Volatility
KAR vs. QQQ - Volatility Comparison
KAR Auction Services, Inc. (KAR) has a higher volatility of 7.70% compared to Invesco QQQ (QQQ) at 4.70%. This indicates that KAR'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.