LNG vs. QQQ

Last updated Jun 4, 2026

LNG (Cheniere Energy, Inc.) is a stock, while QQQ (Invesco QQQ ETF) is Nasdaq-100 fund tracking the NASDAQ-100 Index. Over the past 10 years, LNG returned 22.16%/yr vs 21.94%/yr for QQQ. At a 0.22 correlation, their price movements are largely independent.

Performance

LNG vs. QQQ - Performance Comparison

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

Returns By Period

The year-to-date returns for both stocks are quite close, with LNG having a 21.68% return and QQQ slightly lower at 21.30%. Both investments have delivered pretty close results over the past 10 years, with LNG having a 22.16% annualized return and QQQ not far behind at 21.94%.

LNG

• 1D: -0.27%
• 1M: -13.54%
• YTD: 21.68%
• 6M: 13.47%
• 1Y: -2.72%
• 3Y*: 18.48%
• 5Y*: 23.09%
• 10Y*: 22.16%

QQQ

• 1D: -0.26%
• 1M: 10.60%
• YTD: 21.30%
• 6M: 19.66%
• 1Y: 41.82%
• 3Y*: 28.78%
• 5Y*: 17.97%
• 10Y*: 21.94%

*Multi-year figures are annualized to reflect compound growth (CAGR)

LNG vs. QQQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
LNG Cheniere Energy, Inc.	21.68%	-8.70%	27.18%	15.02%	49.30%	69.48%	-1.70%	3.18%	9.94%	29.95%
QQQ Invesco QQQ ETF	21.30%	20.77%	25.58%	54.86%	-32.58%	27.42%	48.62%	38.96%	-0.13%	32.66%

Correlation

The correlation between LNG and QQQ is -0.24, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.24
Correlation (3Y) Calculated over the trailing 3-year period	0.02
Correlation (5Y) Calculated over the trailing 5-year period	0.14
Correlation (10Y) Calculated over the trailing 10-year period	0.24
Correlation (All Time) Calculated using the full available price history since Mar 11, 1999	0.22

The correlation between LNG and QQQ shifts across timeframes, from -0.24 (1 year) to 0.24 (10 years), reflecting how their relationship changes across market environments.

Return for Risk

LNG vs. QQQ — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

LNG

LNG Risk / Return Rank: 34
LNG Sharpe Ratio Rank: 36
LNG Sortino Ratio Rank: 31
LNG Omega Ratio Rank: 31
LNG Calmar Ratio Rank: 36
LNG Martin Ratio Rank: 36

QQQ

QQQ Risk / Return Rank: 73
QQQ Sharpe Ratio Rank: 79
QQQ Sortino Ratio Rank: 75
QQQ Omega Ratio Rank: 74
QQQ Calmar Ratio Rank: 69
QQQ Martin Ratio Rank: 71

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

LNG vs. QQQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cheniere Energy, Inc. (LNG) 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.

	LNG	QQQ	Difference
Sharpe ratio: Return per unit of total volatility	-0.10	2.64	-2.74
Sortino ratio: Return per unit of downside risk	0.05	3.45	-3.39
Omega ratio: Gain probability vs. loss probability	1.01	1.45	-0.45
Calmar ratio: Return relative to maximum drawdown	-0.11	3.51	-3.63
Martin ratio: Return relative to average drawdown	-0.24	13.49	-13.73
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LNG vs. QQQ - Sharpe Ratio Comparison

The current LNG Sharpe Ratio is -0.10, which is lower than the QQQ Sharpe Ratio of 2.64. The chart below compares the historical Sharpe Ratios of LNG and QQQ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	LNG	QQQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.10	2.64	-2.74
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.77	0.81	-0.04
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.68	0.99	-0.31
Sharpe Ratio (All Time) Calculated using the full available price history	0.16	0.41	-0.25

Drawdowns

LNG vs. QQQ - Drawdown Comparison

The maximum LNG drawdown since its inception was -97.84%, which is greater than QQQ's maximum drawdown of -82.97%. Use the drawdown chart below to compare losses from any high point for LNG and QQQ.

Drawdown Indicators

	LNG	QQQ	Difference
Max Drawdown Largest peak-to-trough decline	-97.84%	-82.97%	-14.87%
Max Drawdown (1Y) Largest decline over 1 year	-24.09%	-11.96%	-12.13%
Max Drawdown (3Y) Largest decline over 3 years	-24.87%	-22.77%	-2.10%
Max Drawdown (5Y) Largest decline over 5 years	-24.87%	-35.12%	+10.25%
Max Drawdown (10Y) Largest decline over 10 years	-57.53%	-35.12%	-22.41%
Current Drawdown Current decline from peak	-20.54%	-0.26%	-20.28%
Average Drawdown Average peak-to-trough decline	-43.17%	-32.79%	-10.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.50%	3.11%	+8.39%

Volatility

LNG vs. QQQ - Volatility Comparison

Cheniere Energy, Inc. (LNG) has a higher volatility of 9.55% compared to Invesco QQQ ETF (QQQ) at 4.49%. This indicates that LNG'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.

Volatility by Period

	LNG	QQQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.55%	4.49%	+5.06%
Volatility (6M) Calculated over the trailing 6-month period	21.72%	12.10%	+9.62%
Volatility (1Y) Calculated over the trailing 1-year period	27.62%	15.94%	+11.68%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.27%	22.38%	+7.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.66%	22.29%	+10.37%

Dividends

LNG vs. QQQ - Dividend Comparison

LNG's dividend yield for the trailing twelve months is around 0.92%, more than QQQ's 0.38% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LNG Cheniere Energy, Inc.	0.92%	1.06%	0.84%	0.95%	0.92%	0.33%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
QQQ Invesco QQQ ETF	0.38%	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

Can I hold both LNG and QQQ in my portfolio?

LNG and QQQ have a correlation of -0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LNG or QQQ?

LNG has higher volatility (9.55%) compared to QQQ (4.49%). In terms of maximum drawdown, LNG dropped -97.84% vs QQQ's -82.97%.

Which has better risk-adjusted returns?

QQQ currently has the higher Sharpe Ratio (2.64 vs -0.10), 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.