MKSI vs. QQQ

Last updated Jun 3, 2026

MKSI (MKS Instruments, Inc.) is a stock, while QQQ (Invesco QQQ ETF) is Nasdaq-100 fund tracking the NASDAQ-100 Index. Over the past 10 years, MKSI returned 24.05%/yr vs 21.97%/yr for QQQ. A 0.64 correlation means they provide meaningful diversification when combined.

Performance

MKSI vs. QQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MKS Instruments, Inc. (MKSI) and Invesco QQQ ETF (QQQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MKSI achieves a 107.56% return, which is significantly higher than QQQ's 21.62% return. Over the past 10 years, MKSI has outperformed QQQ with an annualized return of 24.05%, while QQQ has yielded a comparatively lower 21.97% annualized return.

MKSI

• 1D: 4.33%
• 1M: 18.61%
• YTD: 107.56%
• 6M: 106.05%
• 1Y: 303.54%
• 3Y*: 51.91%
• 5Y*: 13.61%
• 10Y*: 24.05%

QQQ

• 1D: 0.46%
• 1M: 10.68%
• YTD: 21.62%
• 6M: 20.27%
• 1Y: 43.30%
• 3Y*: 28.89%
• 5Y*: 18.43%
• 10Y*: 21.97%

*Multi-year figures are annualized to reflect compound growth (CAGR)

MKSI vs. QQQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MKSI MKS Instruments, Inc.	107.56%	54.37%	2.21%	22.62%	-50.97%	16.38%	37.70%	71.89%	-31.06%	60.48%
QQQ Invesco QQQ ETF	21.62%	20.77%	25.58%	54.86%	-32.58%	27.42%	48.62%	38.96%	-0.13%	32.66%

Correlation

The correlation between MKSI and QQQ is 0.57, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.57
Correlation (3Y) Calculated over the trailing 3-year period	0.67
Correlation (5Y) Calculated over the trailing 5-year period	0.70
Correlation (10Y) Calculated over the trailing 10-year period	0.67
Correlation (All Time) Calculated using the full available price history since Mar 31, 1999	0.64

The correlation between MKSI and QQQ shifts across timeframes, from 0.57 (1 year) to 0.70 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

MKSI vs. QQQ — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MKSI

MKSI Risk / Return Rank: 98
MKSI Sharpe Ratio Rank: 99
MKSI Sortino Ratio Rank: 97
MKSI Omega Ratio Rank: 97
MKSI Calmar Ratio Rank: 99
MKSI Martin Ratio Rank: 99

QQQ

QQQ Risk / Return Rank: 77
QQQ Sharpe Ratio Rank: 83
QQQ Sortino Ratio Rank: 78
QQQ Omega Ratio Rank: 77
QQQ Calmar Ratio Rank: 73
QQQ Martin Ratio Rank: 74

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MKSI vs. QQQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MKS Instruments, Inc. (MKSI) and Invesco QQQ ETF (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.

	MKSI	QQQ	Difference
Sharpe ratio Return per unit of total volatility	6.03	2.73	+3.30
Sortino ratio Return per unit of downside risk	5.02	3.55	+1.48
Omega ratio Gain probability vs. loss probability	1.66	1.47	+0.20
Calmar ratio Return relative to maximum drawdown	15.21	3.71	+11.49
Martin ratio Return relative to average drawdown	50.83	14.30	+36.54
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MKSI vs. QQQ - Sharpe Ratio Comparison

The current MKSI Sharpe Ratio is 6.03, which is higher than the QQQ Sharpe Ratio of 2.73. The chart below compares the historical Sharpe Ratios of MKSI and QQQ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	MKSI	QQQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	6.03	2.73	+3.30
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.27	0.83	-0.55
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.51	0.99	-0.48
Sharpe Ratio (All Time) Calculated using the full available price history	0.26	0.41	-0.15

Drawdowns

MKSI vs. QQQ - Drawdown Comparison

The maximum MKSI drawdown since its inception was -85.67%, roughly equal to the maximum QQQ drawdown of -82.97%. Use the drawdown chart below to compare losses from any high point for MKSI and QQQ.

Drawdown Indicators

	MKSI	QQQ	Difference
Max Drawdown Largest peak-to-trough decline	-85.67%	-82.97%	-2.70%
Max Drawdown (1Y) Largest decline over 1 year	-20.06%	-11.96%	-8.10%
Max Drawdown (3Y) Largest decline over 3 years	-59.11%	-22.77%	-36.34%
Max Drawdown (5Y) Largest decline over 5 years	-67.51%	-35.12%	-32.39%
Max Drawdown (10Y) Largest decline over 10 years	-69.20%	-35.12%	-34.08%
Current Drawdown Current decline from peak	-0.82%	0.00%	-0.82%
Average Drawdown Average peak-to-trough decline	-45.78%	-32.79%	-12.99%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.00%	3.11%	+2.89%

Volatility

MKSI vs. QQQ - Volatility Comparison

MKS Instruments, Inc. (MKSI) has a higher volatility of 12.54% compared to Invesco QQQ ETF (QQQ) at 4.48%. This indicates that MKSI'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.

Volatility by Period

	MKSI	QQQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.54%	4.48%	+8.06%
Volatility (6M) Calculated over the trailing 6-month period	35.95%	12.11%	+23.84%
Volatility (1Y) Calculated over the trailing 1-year period	50.74%	15.95%	+34.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	50.04%	22.39%	+27.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	47.00%	22.30%	+24.70%

Dividends

MKSI vs. QQQ - Dividend Comparison

MKSI's dividend yield for the trailing twelve months is around 0.21%, less than QQQ's 0.38% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MKSI MKS Instruments, Inc.	0.21%	0.55%	0.84%	0.86%	1.04%	0.49%	0.53%	0.73%	1.21%	0.75%	1.14%	1.88%
QQQ Invesco QQQ ETF	0.38%	0.45%	0.56%	0.62%	0.80%	0.43%	0.55%	0.74%	0.91%	0.84%	1.06%	0.99%

Frequently Asked Questions

Can I hold both MKSI and QQQ in my portfolio?

MKSI and QQQ have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MKSI or QQQ?

MKSI has higher volatility (12.54%) compared to QQQ (4.48%). In terms of maximum drawdown, MKSI dropped -85.67% vs QQQ's -82.97%.

Which has better risk-adjusted returns?

MKSI currently has the higher Sharpe Ratio (6.03 vs 2.73), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.