LBRT vs. QQQ
LBRT (Liberty Oilfield Services Inc.) is a stock, while QQQ (Invesco QQQ ETF) is Nasdaq-100 fund tracking the NASDAQ-100 Index. Over the past 5 years, LBRT returned 13.86%/yr vs 16.94%/yr for QQQ. At a 0.24 correlation, their price movements are largely independent.
Performance
LBRT vs. QQQ - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, LBRT achieves a 51.80% return, which is significantly higher than QQQ's 20.41% return.
LBRT
- 1D
- 2.47%
- 1M
- -12.28%
- YTD
- 51.80%
- 6M
- 52.96%
- 1Y
- 118.58%
- 3Y*
- 32.93%
- 5Y*
- 13.86%
- 10Y*
- —
QQQ
- 1D
- -0.25%
- 1M
- 2.96%
- YTD
- 20.41%
- 6M
- 19.46%
- 1Y
- 40.91%
- 3Y*
- 27.47%
- 5Y*
- 16.94%
- 10Y*
- 22.48%
LBRT vs. QQQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
LBRT Liberty Oilfield Services Inc. | 51.80% | -4.91% | 11.23% | 14.83% | 65.57% | -5.92% | -6.51% | -12.62% | -38.56% |
QQQ Invesco QQQ ETF | 20.41% | 20.77% | 25.58% | 54.86% | -32.58% | 27.42% | 48.62% | 38.96% | -4.73% |
Correlation
The correlation between LBRT and QQQ is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.23 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.24 |
Correlation (All Time) Calculated using the full available price history since Jan 12, 2018 | 0.24 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
LBRT vs. QQQ — Risk / Return Rank
LBRT
QQQ
LBRT vs. QQQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Liberty Oilfield Services Inc. (LBRT) and Invesco QQQ ETF (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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| LBRT | QQQ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.41 | ||
| Sortino ratioReturn per unit of downside risk | -0.19 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.41 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 5.01 | 3.44 | +1.58 |
| Martin ratioReturn relative to average drawdown | 12.16 | 12.79 | -0.63 |
Loading charts...
Drawdowns
LBRT vs. QQQ - Drawdown Comparison
The maximum LBRT drawdown since its inception was -90.02%, which is greater than QQQ's maximum drawdown of -82.97%. Use the drawdown chart below to compare losses from any high point for LBRT and QQQ.
Loading charts...
Drawdown Indicators
| LBRT | QQQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.02% | -82.97% | -7.05% |
Max Drawdown (1Y)Largest decline over 1 year | -23.79% | -11.96% | -11.83% |
Max Drawdown (3Y)Largest decline over 3 years | -58.84% | -22.77% | -36.07% |
Max Drawdown (5Y)Largest decline over 5 years | -58.84% | -35.12% | -23.72% |
Max Drawdown (10Y)Largest decline over 10 years | — | -35.12% | — |
Current DrawdownCurrent decline from peak | -17.68% | -0.99% | -16.69% |
Average DrawdownAverage peak-to-trough decline | -35.54% | -32.73% | -2.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.00% | 3.21% | +6.79% |
Volatility
LBRT vs. QQQ - Volatility Comparison
Liberty Oilfield Services Inc. (LBRT) has a higher volatility of 15.68% compared to Invesco QQQ ETF (QQQ) at 8.47%. This indicates that LBRT'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.
Loading charts...
Volatility by Period
| LBRT | QQQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.68% | 8.47% | +7.21% |
Volatility (6M)Calculated over the trailing 6-month period | 36.64% | 14.20% | +22.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 62.30% | 17.67% | +44.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 54.71% | 22.64% | +32.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 64.71% | 22.43% | +42.28% |
Dividends
LBRT vs. QQQ - Dividend Comparison
LBRT's dividend yield for the trailing twelve months is around 1.26%, more than QQQ's 0.49% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LBRT Liberty Oilfield Services Inc. | 1.26% | 1.79% | 1.46% | 1.21% | 0.31% | 0.00% | 0.48% | 1.80% | 0.77% | 0.00% | 0.00% | 0.00% |
QQQ Invesco QQQ ETF | 0.49% | 0.45% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% |
Frequently Asked Questions
LBRT and QQQ have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LBRT has higher volatility (15.68%) compared to QQQ (8.47%). In terms of maximum drawdown, LBRT dropped -90.02% vs QQQ's -82.97%.
QQQ currently has the higher Sharpe Ratio (2.33 vs 1.92), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for LBRT and QQQ
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer