MSB vs. QQQ
Compare and contrast key facts about Mesabi Trust (MSB) 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: MSB or QQQ.
Correlation
The correlation between MSB and QQQ is 0.28, 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
MSB vs. QQQ - Performance Comparison
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Key characteristics
MSB:
1.84
QQQ:
0.45
MSB:
2.56
QQQ:
0.81
MSB:
1.35
QQQ:
1.11
MSB:
1.88
QQQ:
0.51
MSB:
9.43
QQQ:
1.65
MSB:
9.47%
QQQ:
6.96%
MSB:
50.10%
QQQ:
25.14%
MSB:
-92.01%
QQQ:
-82.98%
MSB:
-21.69%
QQQ:
-9.42%
Returns By Period
In the year-to-date period, MSB achieves a 9.73% return, which is significantly higher than QQQ's -4.41% return. Over the past 10 years, MSB has underperformed QQQ with an annualized return of 16.14%, while QQQ has yielded a comparatively higher 17.24% annualized return.
MSB
9.73%
-0.39%
16.40%
91.18%
25.23%
16.14%
QQQ
-4.41%
9.37%
-4.80%
11.06%
17.35%
17.24%
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Risk-Adjusted Performance
MSB vs. QQQ — Risk-Adjusted Performance Rank
MSB
QQQ
MSB vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Mesabi Trust (MSB) 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
MSB vs. QQQ - Dividend Comparison
MSB's dividend yield for the trailing twelve months is around 28.88%, more than QQQ's 0.61% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MSB Mesabi Trust | 28.88% | 4.80% | 1.71% | 20.14% | 10.83% | 5.95% | 14.27% | 11.78% | 5.92% | 5.14% | 15.04% | 10.24% |
QQQ Invesco QQQ | 0.61% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
MSB vs. QQQ - Drawdown Comparison
The maximum MSB drawdown since its inception was -92.01%, which is greater than QQQ's maximum drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for MSB and QQQ. For additional features, visit the drawdowns tool.
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Volatility
MSB vs. QQQ - Volatility Comparison
Mesabi Trust (MSB) has a higher volatility of 14.78% compared to Invesco QQQ (QQQ) at 8.24%. This indicates that MSB'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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