KYN vs. QQQ
Compare and contrast key facts about Kayne Anderson Energy Infrastructure Fund, Inc. (KYN) 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: KYN or QQQ.
Correlation
The correlation between KYN and QQQ is 0.31, 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
KYN vs. QQQ - Performance Comparison
Key characteristics
KYN:
3.48
QQQ:
1.38
KYN:
4.46
QQQ:
1.88
KYN:
1.57
QQQ:
1.25
KYN:
1.43
QQQ:
1.86
KYN:
21.69
QQQ:
6.43
KYN:
2.93%
QQQ:
3.92%
KYN:
18.26%
QQQ:
18.27%
KYN:
-91.43%
QQQ:
-82.98%
KYN:
-10.39%
QQQ:
0.00%
Returns By Period
In the year-to-date period, KYN achieves a 3.23% return, which is significantly lower than QQQ's 5.50% return. Over the past 10 years, KYN has underperformed QQQ with an annualized return of -0.21%, while QQQ has yielded a comparatively higher 18.39% annualized return.
KYN
3.23%
-0.83%
28.47%
59.13%
10.26%
-0.21%
QQQ
5.50%
3.38%
12.65%
26.01%
18.94%
18.39%
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Risk-Adjusted Performance
KYN vs. QQQ — Risk-Adjusted Performance Rank
KYN
QQQ
KYN vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Kayne Anderson Energy Infrastructure Fund, Inc. (KYN) 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
KYN vs. QQQ - Dividend Comparison
KYN's dividend yield for the trailing twelve months is around 7.72%, more than QQQ's 0.53% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KYN Kayne Anderson Energy Infrastructure Fund, Inc. | 7.72% | 8.34% | 9.45% | 9.05% | 6.42% | 16.17% | 10.34% | 14.17% | 9.97% | 11.24% | 15.21% | 6.61% |
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
KYN vs. QQQ - Drawdown Comparison
The maximum KYN drawdown since its inception was -91.43%, which is greater than QQQ's maximum drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for KYN and QQQ. For additional features, visit the drawdowns tool.
Volatility
KYN vs. QQQ - Volatility Comparison
Kayne Anderson Energy Infrastructure Fund, Inc. (KYN) has a higher volatility of 6.24% compared to Invesco QQQ (QQQ) at 4.92%. This indicates that KYN'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.