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KYN vs. QQQ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

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.


-0.50.00.51.00.3

Performance

KYN vs. QQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Kayne Anderson Energy Infrastructure Fund, Inc. (KYN) and Invesco QQQ (QQQ). The values are adjusted to include any dividend payments, if applicable.

0.00%500.00%1,000.00%1,500.00%JulyAugustSeptemberOctoberNovemberDecember
173.13%
1,661.00%
KYN
QQQ

Key characteristics

Sharpe Ratio

KYN:

3.21

QQQ:

1.64

Sortino Ratio

KYN:

4.22

QQQ:

2.19

Omega Ratio

KYN:

1.53

QQQ:

1.30

Calmar Ratio

KYN:

1.22

QQQ:

2.16

Martin Ratio

KYN:

22.60

QQQ:

7.79

Ulcer Index

KYN:

2.55%

QQQ:

3.76%

Daily Std Dev

KYN:

17.96%

QQQ:

17.85%

Max Drawdown

KYN:

-91.43%

QQQ:

-82.98%

Current Drawdown

KYN:

-17.10%

QQQ:

-3.63%

Returns By Period

In the year-to-date period, KYN achieves a 53.25% return, which is significantly higher than QQQ's 27.20% return. Over the past 10 years, KYN has underperformed QQQ with an annualized return of -1.19%, while QQQ has yielded a comparatively higher 18.36% annualized return.


KYN

YTD

53.25%

1M

-7.17%

6M

23.97%

1Y

55.92%

5Y*

7.55%

10Y*

-1.19%

QQQ

YTD

27.20%

1M

3.08%

6M

8.34%

1Y

27.81%

5Y*

20.44%

10Y*

18.36%

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Risk-Adjusted Performance

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.


Sharpe ratio
The chart of Sharpe ratio for KYN, currently valued at 3.21, compared to the broader market-4.00-2.000.002.003.211.64
The chart of Sortino ratio for KYN, currently valued at 4.22, compared to the broader market-4.00-2.000.002.004.004.222.19
The chart of Omega ratio for KYN, currently valued at 1.53, compared to the broader market0.501.001.502.001.531.30
The chart of Calmar ratio for KYN, currently valued at 1.22, compared to the broader market0.002.004.006.001.222.16
The chart of Martin ratio for KYN, currently valued at 22.60, compared to the broader market-5.000.005.0010.0015.0020.0025.0022.607.79
KYN
QQQ

The current KYN Sharpe Ratio is 3.21, which is higher than the QQQ Sharpe Ratio of 1.64. The chart below compares the historical Sharpe Ratios of KYN and QQQ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.002.003.004.005.00JulyAugustSeptemberOctoberNovemberDecember
3.21
1.64
KYN
QQQ

Dividends

KYN vs. QQQ - Dividend Comparison

KYN's dividend yield for the trailing twelve months is around 8.73%, more than QQQ's 0.43% yield.


TTM20232022202120202019201820172016201520142013
KYN
Kayne Anderson Energy Infrastructure Fund, Inc.
8.73%9.45%9.05%6.42%16.17%10.34%14.17%9.97%11.24%15.21%6.61%4.37%
QQQ
Invesco QQQ
0.43%0.62%0.80%0.43%0.55%0.74%0.91%0.84%1.06%0.99%1.41%1.02%

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.


-35.00%-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-17.10%
-3.63%
KYN
QQQ

Volatility

KYN vs. QQQ - Volatility Comparison

Kayne Anderson Energy Infrastructure Fund, Inc. (KYN) has a higher volatility of 7.23% compared to Invesco QQQ (QQQ) at 5.29%. 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.


3.00%4.00%5.00%6.00%7.00%8.00%9.00%JulyAugustSeptemberOctoberNovemberDecember
7.23%
5.29%
KYN
QQQ
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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