MUV2.DE vs. QQQ
Compare and contrast key facts about Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (MUV2.DE) 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: MUV2.DE or QQQ.
Key characteristics
| MUV2.DE | QQQ | |
|---|---|---|
| YTD Return | 26.53% | 10.46% |
| 1Y Return | 43.61% | 34.84% |
| 3Y Return (Ann) | 28.28% | 12.65% |
| 5Y Return (Ann) | 20.43% | 20.64% |
| 10Y Return (Ann) | 16.11% | 18.79% |
| Sharpe Ratio | 2.33 | 2.30 |
| Daily Std Dev | 17.75% | 16.24% |
| Max Drawdown | -86.40% | -82.98% |
| Current Drawdown | 0.00% | -0.25% |
Correlation
The correlation between MUV2.DE and QQQ is 0.29, 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
MUV2.DE vs. QQQ - Performance Comparison
In the year-to-date period, MUV2.DE achieves a 26.53% return, which is significantly higher than QQQ's 10.46% return. Over the past 10 years, MUV2.DE has underperformed QQQ with an annualized return of 16.11%, while QQQ has yielded a comparatively higher 18.79% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
MUV2.DE vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (MUV2.DE) 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
MUV2.DE vs. QQQ - Dividend Comparison
MUV2.DE's dividend yield for the trailing twelve months is around 3.28%, more than QQQ's 0.58% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MUV2.DE Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München | 3.28% | 3.09% | 3.62% | 3.76% | 4.04% | 3.52% | 4.51% | 4.76% | 4.59% | 4.20% | 4.37% | 4.37% |
QQQ Invesco QQQ | 0.58% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.01% |
Drawdowns
MUV2.DE vs. QQQ - Drawdown Comparison
The maximum MUV2.DE drawdown since its inception was -86.40%, roughly equal to the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for MUV2.DE and QQQ. For additional features, visit the drawdowns tool.
Volatility
MUV2.DE vs. QQQ - Volatility Comparison
Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (MUV2.DE) has a higher volatility of 7.55% compared to Invesco QQQ (QQQ) at 4.84%. This indicates that MUV2.DE'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.