KRT vs. QQ.L
KRT (Karat Packaging Inc.) and QQ.L (QinetiQ Group plc) are both stocks. KRT operates in Packaging & Containers (Consumer Cyclical), while QQ.L operates in Aerospace & Defense (Industrials). Over the past 5 years, KRT returned 13.78%/yr vs 7.40%/yr for QQ.L. At a 0.06 correlation, their price movements are largely independent.
Performance
KRT vs. QQ.L - Performance Comparison
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Different Trading Currencies
KRT is traded in USD, while QQ.L is traded in GBp. To make them comparable, the QQ.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, KRT achieves a 37.80% return, which is significantly higher than QQ.L's 7.41% return.
KRT
- 1D
- 0.77%
- 1M
- 12.22%
- YTD
- 37.80%
- 6M
- 35.05%
- 1Y
- 21.24%
- 3Y*
- 27.62%
- 5Y*
- 13.78%
- 10Y*
- —
QQ.L
- 1D
- -2.10%
- 1M
- 14.75%
- YTD
- 7.41%
- 6M
- 10.91%
- 1Y
- -6.03%
- 3Y*
- 13.28%
- 5Y*
- 7.40%
- 10Y*
- 9.23%
KRT vs. QQ.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
KRT Karat Packaging Inc. | 37.80% | -20.12% | 28.81% | 86.11% | -27.07% | 8.66% |
QQ.L QinetiQ Group plc | 7.41% | 16.51% | 34.93% | -6.83% | 22.49% | -24.19% |
Correlation
The correlation between KRT and QQ.L is 0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.06 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.07 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.06 |
Correlation (All Time) Calculated using the full available price history since Apr 15, 2021 | 0.06 |
Fundamentals
KRT:
$603.41M
QQ.L:
£2.47B
KRT:
$1.58
QQ.L:
-£0.14
KRT:
1.26
QQ.L:
0.67
KRT:
3.89
QQ.L:
4.47
KRT:
$481.07M
QQ.L:
£3.85B
KRT:
$172.90M
QQ.L:
£372.10M
KRT:
$56.33M
QQ.L:
£533.20M
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Return for Risk
KRT vs. QQ.L — Risk / Return Rank
KRT
QQ.L
KRT vs. QQ.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Karat Packaging Inc. (KRT) and QinetiQ Group plc (QQ.L). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| KRT | QQ.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.77 | ||
| Sortino ratioReturn per unit of downside risk | +1.21 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 0.99 | +0.15 |
| Calmar ratioReturn relative to maximum drawdown | 0.80 | -0.22 | +1.02 |
| Martin ratioReturn relative to average drawdown | 1.66 | -0.46 | +2.11 |
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Drawdowns
KRT vs. QQ.L - Drawdown Comparison
The maximum KRT drawdown since its inception was -48.46%, smaller than the maximum QQ.L drawdown of -61.16%. Use the drawdown chart below to compare losses from any high point for KRT and QQ.L.
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Drawdown Indicators
| KRT | QQ.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.46% | -61.16% | +12.70% |
Max Drawdown (1Y)Largest decline over 1 year | -26.80% | -27.17% | +0.37% |
Max Drawdown (3Y)Largest decline over 3 years | -34.03% | -32.62% | -1.41% |
Max Drawdown (5Y)Largest decline over 5 years | -48.46% | -33.81% | -14.65% |
Max Drawdown (10Y)Largest decline over 10 years | — | -43.00% | — |
Current DrawdownCurrent decline from peak | -0.45% | -16.76% | +16.31% |
Average DrawdownAverage peak-to-trough decline | -18.50% | -20.64% | +2.14% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.84% | 13.21% | -0.37% |
Volatility
KRT vs. QQ.L - Volatility Comparison
The current volatility for Karat Packaging Inc. (KRT) is 9.84%, while QinetiQ Group plc (QQ.L) has a volatility of 11.53%. This indicates that KRT experiences smaller price fluctuations and is considered to be less risky than QQ.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| KRT | QQ.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.84% | 11.53% | -1.69% |
Volatility (6M)Calculated over the trailing 6-month period | 28.08% | 23.14% | +4.94% |
Volatility (1Y)Calculated over the trailing 1-year period | 36.86% | 31.96% | +4.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 45.39% | 32.45% | +12.94% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 45.43% | 31.01% | +14.42% |
Dividends
KRT vs. QQ.L - Dividend Comparison
KRT's dividend yield for the trailing twelve months is around 5.99%, more than QQ.L's 1.91% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KRT Karat Packaging Inc. | 5.99% | 7.98% | 5.12% | 6.24% | 2.44% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QQ.L QinetiQ Group plc | 1.91% | 2.00% | 1.99% | 2.49% | 2.04% | 2.59% | 2.06% | 1.84% | 2.20% | 2.60% | 2.17% | 1.99% |
Financials
KRT vs. QQ.L - Financials Comparison
This section allows you to compare key financial metrics between Karat Packaging Inc. and QinetiQ Group plc. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
KRT vs. QQ.L - Profitability Comparison
KRT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Karat Packaging Inc. reported a gross profit of 41.53M and revenue of 116.95M. Therefore, the gross margin over that period was 35.5%.
QQ.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, QinetiQ Group plc reported a gross profit of 110.20M and revenue of 1.02B. Therefore, the gross margin over that period was 10.8%.
KRT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Karat Packaging Inc. reported an operating income of 8.46M and revenue of 116.95M, resulting in an operating margin of 7.2%.
QQ.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, QinetiQ Group plc reported an operating income of 110.20M and revenue of 1.02B, resulting in an operating margin of 10.8%.
KRT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Karat Packaging Inc. reported a net income of 6.74M and revenue of 116.95M, resulting in a net margin of 5.8%.
QQ.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, QinetiQ Group plc reported a net income of 69.20M and revenue of 1.02B, resulting in a net margin of 6.8%.
Frequently Asked Questions
KRT and QQ.L have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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