Correlation
The correlation between LYTS 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.
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.
Performance
LYTS vs. QQQ - Performance Comparison
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Key characteristics
LYTS:
0.16
QQQ:
0.62
LYTS:
0.51
QQQ:
0.92
LYTS:
1.06
QQQ:
1.13
LYTS:
0.10
QQQ:
0.60
LYTS:
0.21
QQQ:
1.94
LYTS:
18.69%
QQQ:
7.02%
LYTS:
45.00%
QQQ:
25.59%
LYTS:
-85.55%
QQQ:
-82.98%
LYTS:
-33.82%
QQQ:
-3.64%
Returns By Period
In the year-to-date period, LYTS achieves a -15.76% return, which is significantly lower than QQQ's 1.69% return. Over the past 10 years, LYTS has underperformed QQQ with an annualized return of 7.70%, while QQQ has yielded a comparatively higher 17.69% annualized return.
LYTS
-15.76%
8.16%
-19.96%
7.26%
36.55%
23.86%
7.70%
QQQ
1.69%
9.18%
2.15%
15.66%
19.78%
18.08%
17.69%
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Risk-Adjusted Performance
LYTS vs. QQQ — Risk-Adjusted Performance Rank
LYTS
QQQ
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.
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Dividends
LYTS vs. QQQ - Dividend Comparison
LYTS's dividend yield for the trailing twelve months is around 1.23%, more than QQQ's 0.58% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LYTS LSI Industries Inc. | 1.23% | 1.03% | 1.42% | 1.63% | 2.92% | 2.34% | 3.31% | 6.31% | 2.91% | 2.05% | 0.98% | 2.80% |
QQQ Invesco QQQ | 0.58% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
LYTS vs. QQQ - Drawdown Comparison
The maximum LYTS drawdown since its inception was -85.55%, 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.
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Volatility
LYTS vs. QQQ - Volatility Comparison
LSI Industries Inc. (LYTS) has a higher volatility of 9.73% compared to Invesco QQQ (QQQ) at 5.62%. 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.
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