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 0.40, 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
KYN vs. QQQ - Performance Comparison
Key characteristics
KYN:
1.33
QQQ:
0.47
KYN:
1.78
QQQ:
0.82
KYN:
1.26
QQQ:
1.11
KYN:
0.84
QQQ:
0.52
KYN:
6.24
QQQ:
1.79
KYN:
5.19%
QQQ:
6.64%
KYN:
24.46%
QQQ:
25.28%
KYN:
-91.43%
QQQ:
-82.98%
KYN:
-16.61%
QQQ:
-12.28%
Returns By Period
In the year-to-date period, KYN achieves a -3.92% return, which is significantly higher than QQQ's -7.43% return. Over the past 10 years, KYN has underperformed QQQ with an annualized return of -0.79%, while QQQ has yielded a comparatively higher 16.64% annualized return.
KYN
-3.92%
-7.32%
5.43%
31.30%
30.71%
-0.79%
QQQ
-7.43%
-2.44%
-4.30%
12.01%
17.97%
16.64%
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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 7.90%, more than QQQ's 0.63% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KYN Kayne Anderson Energy Infrastructure Fund, Inc. | 7.90% | 8.34% | 9.45% | 9.05% | 6.42% | 16.17% | 10.34% | 14.17% | 9.97% | 11.24% | 15.20% | 6.61% |
QQQ Invesco QQQ | 0.63% | 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) and Invesco QQQ (QQQ) have volatilities of 16.67% and 16.86%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.