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:
1.32
QQQ:
1.30
KTB:
1.97
QQQ:
1.78
KTB:
1.25
QQQ:
1.24
KTB:
2.79
QQQ:
1.76
KTB:
6.93
QQQ:
6.08
KTB:
6.37%
QQQ:
3.92%
KTB:
33.42%
QQQ:
18.35%
KTB:
-67.20%
QQQ:
-82.98%
KTB:
-8.05%
QQQ:
-2.49%
Returns By Period
The year-to-date returns for both stocks are quite close, with KTB having a 2.95% return and QQQ slightly lower at 2.90%.
KTB
2.95%
-1.06%
20.97%
42.27%
21.95%
N/A
QQQ
2.90%
-1.02%
9.93%
20.80%
18.77%
18.06%
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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 2.30%, more than QQQ's 0.54% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KTB Kontoor Brands, Inc. | 2.30% | 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 | 0.54% | 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 11.74% compared to Invesco QQQ (QQQ) at 5.02%. 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.