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 0.23, 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
Key characteristics
MSB:
2.57
QQQ:
1.40
MSB:
3.82
QQQ:
1.90
MSB:
1.47
QQQ:
1.25
MSB:
2.42
QQQ:
1.88
MSB:
15.13
QQQ:
6.51
MSB:
7.67%
QQQ:
3.92%
MSB:
45.14%
QQQ:
18.23%
MSB:
-92.01%
QQQ:
-82.98%
MSB:
0.00%
QQQ:
-0.42%
Returns By Period
In the year-to-date period, MSB achieves a 40.12% return, which is significantly higher than QQQ's 5.09% return. Over the past 10 years, MSB has underperformed QQQ with an annualized return of 17.21%, while QQQ has yielded a comparatively higher 18.32% annualized return.
MSB
40.12%
30.68%
125.35%
125.43%
21.80%
17.21%
QQQ
5.09%
2.37%
13.48%
26.98%
19.29%
18.32%
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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.
Dividends
MSB vs. QQQ - Dividend Comparison
MSB's dividend yield for the trailing twelve months is around 21.35%, more than QQQ's 0.53% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MSB Mesabi Trust | 21.35% | 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 | 0.53% | 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.
Volatility
MSB vs. QQQ - Volatility Comparison
Mesabi Trust (MSB) has a higher volatility of 21.18% compared to Invesco QQQ (QQQ) at 4.70%. 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.