LYB vs. QQQ
Compare and contrast key facts about LyondellBasell Industries N.V. (LYB) 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: LYB or QQQ.
Performance
LYB vs. QQQ - Performance Comparison
Returns By Period
In the year-to-date period, LYB achieves a -9.38% return, which is significantly lower than QQQ's 23.84% return. Over the past 10 years, LYB has underperformed QQQ with an annualized return of 6.11%, while QQQ has yielded a comparatively higher 18.03% annualized return.
LYB
-9.38%
-7.50%
-12.66%
-8.05%
3.65%
6.11%
QQQ
23.84%
1.82%
11.65%
30.35%
20.97%
18.03%
Key characteristics
| LYB | QQQ | |
|---|---|---|
| Sharpe Ratio | -0.48 | 1.78 |
| Sortino Ratio | -0.59 | 2.37 |
| Omega Ratio | 0.94 | 1.32 |
| Calmar Ratio | -0.43 | 2.28 |
| Martin Ratio | -1.14 | 8.27 |
| Ulcer Index | 7.69% | 3.73% |
| Daily Std Dev | 18.06% | 17.37% |
| Max Drawdown | -63.26% | -82.98% |
| Current Drawdown | -19.62% | -1.78% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Correlation
The correlation between LYB and QQQ is 0.43, 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.
Risk-Adjusted Performance
LYB vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for LyondellBasell Industries N.V. (LYB) 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
LYB vs. QQQ - Dividend Comparison
LYB's dividend yield for the trailing twelve months is around 6.26%, more than QQQ's 0.60% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LYB LyondellBasell Industries N.V. | 6.26% | 5.20% | 11.92% | 4.81% | 4.58% | 20.27% | 4.81% | 3.22% | 3.88% | 3.50% | 3.40% | 2.49% |
QQQ Invesco QQQ | 0.60% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.02% |
Drawdowns
LYB vs. QQQ - Drawdown Comparison
The maximum LYB drawdown since its inception was -63.26%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for LYB and QQQ. For additional features, visit the drawdowns tool.
Volatility
LYB vs. QQQ - Volatility Comparison
The current volatility for LyondellBasell Industries N.V. (LYB) is 4.98%, while Invesco QQQ (QQQ) has a volatility of 5.41%. This indicates that LYB experiences smaller price fluctuations and is considered to be less risky than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.