NDAQ vs. QQQ
Compare and contrast key facts about Nasdaq, Inc. (NDAQ) 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: NDAQ or QQQ.
Performance
NDAQ vs. QQQ - Performance Comparison
Returns By Period
In the year-to-date period, NDAQ achieves a 36.97% return, which is significantly higher than QQQ's 21.78% return. Over the past 10 years, NDAQ has outperformed QQQ with an annualized return of 20.33%, while QQQ has yielded a comparatively lower 17.95% annualized return.
NDAQ
36.97%
6.78%
26.42%
49.33%
19.72%
20.33%
QQQ
21.78%
1.15%
10.25%
29.54%
20.42%
17.95%
Key characteristics
| NDAQ | QQQ | |
|---|---|---|
| Sharpe Ratio | 2.64 | 1.70 |
| Sortino Ratio | 3.63 | 2.29 |
| Omega Ratio | 1.48 | 1.31 |
| Calmar Ratio | 2.23 | 2.19 |
| Martin Ratio | 15.69 | 7.96 |
| Ulcer Index | 3.18% | 3.72% |
| Daily Std Dev | 18.94% | 17.39% |
| Max Drawdown | -68.48% | -82.98% |
| Current Drawdown | -1.39% | -3.42% |
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Correlation
The correlation between NDAQ and QQQ is 0.47, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Risk-Adjusted Performance
NDAQ vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Nasdaq, Inc. (NDAQ) 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
NDAQ vs. QQQ - Dividend Comparison
NDAQ's dividend yield for the trailing twelve months is around 1.17%, more than QQQ's 0.61% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NDAQ Nasdaq, Inc. | 1.17% | 1.48% | 1.27% | 1.00% | 1.46% | 1.73% | 2.08% | 1.90% | 1.80% | 1.55% | 1.21% | 1.31% |
QQQ Invesco QQQ | 0.61% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.02% |
Drawdowns
NDAQ vs. QQQ - Drawdown Comparison
The maximum NDAQ drawdown since its inception was -68.48%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for NDAQ and QQQ. For additional features, visit the drawdowns tool.
Volatility
NDAQ vs. QQQ - Volatility Comparison
Nasdaq, Inc. (NDAQ) and Invesco QQQ (QQQ) have volatilities of 5.37% and 5.62%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.