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 0.35, 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
KTB vs. QQQ - Performance Comparison
Key characteristics
KTB:
0.09
QQQ:
0.15
KTB:
0.42
QQQ:
0.38
KTB:
1.06
QQQ:
1.05
KTB:
0.08
QQQ:
0.16
KTB:
0.25
QQQ:
0.58
KTB:
14.81%
QQQ:
6.25%
KTB:
41.84%
QQQ:
24.88%
KTB:
-67.20%
QQQ:
-82.98%
KTB:
-41.99%
QQQ:
-17.56%
Returns By Period
In the year-to-date period, KTB achieves a -35.05% return, which is significantly lower than QQQ's -13.00% return.
KTB
-35.05%
-12.59%
-33.36%
0.22%
27.95%
N/A
QQQ
-13.00%
-7.20%
-9.91%
7.76%
16.65%
16.07%
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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.
Dividends
KTB vs. QQQ - Dividend Comparison
KTB's dividend yield for the trailing twelve months is around 3.71%, more than QQQ's 0.67% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KTB Kontoor Brands, Inc. | 3.71% | 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 | 0.67% | 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.
Volatility
KTB vs. QQQ - Volatility Comparison
Kontoor Brands, Inc. (KTB) has a higher volatility of 22.70% compared to Invesco QQQ (QQQ) at 16.19%. 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.