LYV vs. QQQ

In the year-to-date period, LYV achieves a 11.98% return, which is significantly higher than QQQ's -0.24% return. Both investments have delivered pretty close results over the past 10 years, with LYV having a 17.74% annualized return and QQQ not far behind at 17.56%.

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This table presents a comparison of risk-adjusted performance metrics for Live Nation Entertainment, Inc. (LYV) 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.

The current LYV Sharpe Ratio is 1.90, which is higher than the QQQ Sharpe Ratio of 0.51. The chart below compares the historical Sharpe Ratios of LYV and QQQ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

LYV has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.59%.

The maximum LYV drawdown since its inception was -89.94%, which is greater than QQQ's maximum drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for LYV and QQQ.

Live Nation Entertainment, Inc. (LYV) has a higher volatility of 5.81% compared to Invesco QQQ (QQQ) at 5.25%. This indicates that LYV'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.