KTB vs. QQQ
Compare and contrast key facts about Kontoor Brands, Inc. (KTB) 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: KTB or QQQ.
Correlation
The correlation between KTB and QQQ is 0.46, 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
KTB vs. QQQ - Performance Comparison
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Key characteristics
KTB:
0.23
QQQ:
0.62
KTB:
0.66
QQQ:
1.05
KTB:
1.09
QQQ:
1.15
KTB:
0.25
QQQ:
0.71
KTB:
0.66
QQQ:
2.31
KTB:
17.05%
QQQ:
6.97%
KTB:
41.92%
QQQ:
25.51%
KTB:
-67.20%
QQQ:
-82.98%
KTB:
-23.36%
QQQ:
-5.73%
Returns By Period
In the year-to-date period, KTB achieves a -14.19% return, which is significantly lower than QQQ's -0.51% return.
KTB
-14.19%
26.72%
-18.54%
9.61%
43.07%
N/A
QQQ
-0.51%
11.76%
-0.86%
15.58%
19.11%
17.55%
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Risk-Adjusted Performance
KTB vs. QQQ — Risk-Adjusted Performance Rank
KTB
QQQ
KTB vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Kontoor Brands, Inc. (KTB) 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.
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Dividends
KTB vs. QQQ - Dividend Comparison
KTB's dividend yield for the trailing twelve months is around 2.81%, more than QQQ's 0.59% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KTB Kontoor Brands, Inc. | 2.81% | 2.37% | 3.11% | 4.65% | 3.24% | 2.37% | 2.67% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQ Invesco QQQ | 0.59% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
KTB vs. QQQ - Drawdown Comparison
The maximum KTB drawdown since its inception was -67.20%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for KTB and QQQ. For additional features, visit the drawdowns tool.
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Volatility
KTB vs. QQQ - Volatility Comparison
Kontoor Brands, Inc. (KTB) has a higher volatility of 11.74% compared to Invesco QQQ (QQQ) at 7.59%. This indicates that KTB'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.
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