MLTX vs. QQQ
Compare and contrast key facts about MoonLake Immunotherapeutics (MLTX) 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: MLTX or QQQ.
Correlation
The correlation between MLTX and QQQ is 0.15, 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
MLTX vs. QQQ - Performance Comparison
Key characteristics
MLTX:
-0.24
QQQ:
0.15
MLTX:
-0.02
QQQ:
0.38
MLTX:
1.00
QQQ:
1.05
MLTX:
-0.24
QQQ:
0.16
MLTX:
-0.73
QQQ:
0.58
MLTX:
16.23%
QQQ:
6.25%
MLTX:
49.26%
QQQ:
24.88%
MLTX:
-64.60%
QQQ:
-82.98%
MLTX:
-39.99%
QQQ:
-17.56%
Returns By Period
In the year-to-date period, MLTX achieves a -29.22% return, which is significantly lower than QQQ's -13.00% return.
MLTX
-29.22%
-4.00%
-21.69%
-9.29%
N/A
N/A
QQQ
-13.00%
-7.51%
-9.91%
5.53%
16.35%
16.13%
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Risk-Adjusted Performance
MLTX vs. QQQ — Risk-Adjusted Performance Rank
MLTX
QQQ
MLTX vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MoonLake Immunotherapeutics (MLTX) 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
MLTX vs. QQQ - Dividend Comparison
MLTX has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.67%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MLTX MoonLake Immunotherapeutics | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQ Invesco QQQ | 0.67% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
MLTX vs. QQQ - Drawdown Comparison
The maximum MLTX drawdown since its inception was -64.60%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for MLTX and QQQ. For additional features, visit the drawdowns tool.
Volatility
MLTX vs. QQQ - Volatility Comparison
MoonLake Immunotherapeutics (MLTX) has a higher volatility of 19.10% compared to Invesco QQQ (QQQ) at 16.19%. This indicates that MLTX'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.