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.
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.
Performance
NDAQ vs. QQQ - Performance Comparison
Key characteristics
NDAQ:
2.31
QQQ:
1.64
NDAQ:
3.21
QQQ:
2.19
NDAQ:
1.41
QQQ:
1.30
NDAQ:
2.22
QQQ:
2.16
NDAQ:
13.10
QQQ:
7.79
NDAQ:
3.27%
QQQ:
3.76%
NDAQ:
18.58%
QQQ:
17.85%
NDAQ:
-68.48%
QQQ:
-82.98%
NDAQ:
-6.16%
QQQ:
-3.63%
Returns By Period
In the year-to-date period, NDAQ achieves a 35.53% return, which is significantly higher than QQQ's 27.20% return. Both investments have delivered pretty close results over the past 10 years, with NDAQ having a 18.84% annualized return and QQQ not far behind at 18.36%.
NDAQ
35.53%
-2.68%
29.77%
40.48%
18.45%
18.84%
QQQ
27.20%
3.08%
8.34%
27.81%
20.44%
18.36%
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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 1.21%, more than QQQ's 0.43% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NDAQ Nasdaq, Inc. | 1.21% | 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 | 0.43% | 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
The current volatility for Nasdaq, Inc. (NDAQ) is 4.82%, while Invesco QQQ (QQQ) has a volatility of 5.29%. This indicates that NDAQ experiences smaller price fluctuations and is considered to be less risky than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.