LYTS vs. QQQ
Compare and contrast key facts about LSI Industries Inc. (LYTS) 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: LYTS or QQQ.
Key characteristics
LYTS | QQQ | |
---|---|---|
YTD Return | 9.28% | 6.48% |
1Y Return | 27.79% | 38.66% |
3Y Return (Ann) | 27.49% | 10.38% |
5Y Return (Ann) | 37.35% | 18.72% |
10Y Return (Ann) | 10.69% | 18.51% |
Sharpe Ratio | 0.61 | 2.33 |
Daily Std Dev | 39.76% | 16.36% |
Max Drawdown | -85.57% | -82.98% |
Current Drawdown | -7.76% | -2.44% |
Correlation
The correlation between LYTS and QQQ is 0.34, 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.
Performance
LYTS vs. QQQ - Performance Comparison
In the year-to-date period, LYTS achieves a 9.28% return, which is significantly higher than QQQ's 6.48% return. Over the past 10 years, LYTS has underperformed QQQ with an annualized return of 10.69%, while QQQ has yielded a comparatively higher 18.51% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
LYTS vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for LSI Industries Inc. (LYTS) 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
LYTS vs. QQQ - Dividend Comparison
LYTS's dividend yield for the trailing twelve months is around 1.64%, more than QQQ's 0.61% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
LSI Industries Inc. | 1.64% | 1.42% | 1.63% | 2.92% | 2.34% | 3.31% | 6.31% | 2.91% | 2.05% | 0.98% | 2.80% | 2.08% |
Invesco QQQ | 0.61% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.01% |
Drawdowns
LYTS vs. QQQ - Drawdown Comparison
The maximum LYTS drawdown since its inception was -85.57%, roughly equal to the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for LYTS and QQQ. For additional features, visit the drawdowns tool.
Volatility
LYTS vs. QQQ - Volatility Comparison
LSI Industries Inc. (LYTS) has a higher volatility of 9.78% compared to Invesco QQQ (QQQ) at 5.81%. This indicates that LYTS'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.