Correlation
The correlation between MANU and QQQ is 0.30, 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.
MANU vs. QQQ
Compare and contrast key facts about Manchester United plc (MANU) 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: MANU or QQQ.
Performance
MANU vs. QQQ - Performance Comparison
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Key characteristics
MANU:
-0.51
QQQ:
0.62
MANU:
-0.45
QQQ:
0.92
MANU:
0.95
QQQ:
1.13
MANU:
-0.23
QQQ:
0.60
MANU:
-0.91
QQQ:
1.94
MANU:
14.09%
QQQ:
7.02%
MANU:
29.56%
QQQ:
25.59%
MANU:
-58.07%
QQQ:
-82.98%
MANU:
-47.21%
QQQ:
-3.64%
Returns By Period
In the year-to-date period, MANU achieves a -18.33% return, which is significantly lower than QQQ's 1.69% return. Over the past 10 years, MANU has underperformed QQQ with an annualized return of -0.94%, while QQQ has yielded a comparatively higher 17.69% annualized return.
MANU
-18.33%
2.90%
-16.55%
-16.05%
3.80%
-2.67%
-0.94%
QQQ
1.69%
7.77%
2.15%
15.88%
19.78%
18.08%
17.69%
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Risk-Adjusted Performance
MANU vs. QQQ — Risk-Adjusted Performance Rank
MANU
QQQ
MANU vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Manchester United plc (MANU) 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
MANU vs. QQQ - Dividend Comparison
MANU has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.58%.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
MANU Manchester United plc | 0.00% | 0.00% | 0.00% | 0.39% | 1.26% | 1.08% | 0.90% | 0.95% | 0.91% | 1.26% | 0.51% | 0.00% |
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
MANU vs. QQQ - Drawdown Comparison
The maximum MANU drawdown since its inception was -58.07%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for MANU and QQQ.
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Volatility
MANU vs. QQQ - Volatility Comparison
Manchester United plc (MANU) has a higher volatility of 12.50% compared to Invesco QQQ (QQQ) at 5.62%. This indicates that MANU'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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