NESN.SW vs. QQQ

Last updated Jun 5, 2026

NESN.SW (Nestlé S.A.) is a stock, while QQQ (Invesco QQQ ETF) is Nasdaq-100 fund tracking the NASDAQ-100 Index. Over the past 10 years, NESN.SW returned 3.43%/yr vs 19.32%/yr for QQQ. At a 0.21 correlation, their price movements are largely independent.

Performance

NESN.SW vs. QQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a CHF 10,000 investment in Nestlé S.A. (NESN.SW) and Invesco QQQ ETF (QQQ). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

NESN.SW is traded in CHF, while QQQ is traded in USD. To make them comparable, the QQQ values have been converted to CHF using the latest available exchange rates.

Returns By Period

In the year-to-date period, NESN.SW achieves a 1.36% return, which is significantly lower than QQQ's 17.40% return. Over the past 10 years, NESN.SW has underperformed QQQ with an annualized return of 3.43%, while QQQ has yielded a comparatively higher 19.32% annualized return.

NESN.SW

• 1D: -0.78%
• 1M: -1.02%
• YTD: 1.36%
• 6M: 1.89%
• 1Y: -7.95%
• 3Y*: -7.76%
• 5Y*: -4.52%
• 10Y*: 3.43%

QQQ

• 1D: 1.87%
• 1M: 3.56%
• YTD: 17.40%
• 6M: 13.73%
• 1Y: 31.85%
• 3Y*: 22.01%
• 5Y*: 14.31%
• 10Y*: 19.32%

*Multi-year figures are annualized to reflect compound growth (CAGR)

NESN.SW vs. QQQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
NESN.SW Nestlé S.A.	1.36%	8.93%	-20.71%	-6.62%	-13.99%	25.41%	2.09%	34.76%	-1.76%	18.26%
QQQ Invesco QQQ ETF	17.40%	5.53%	35.48%	40.99%	-31.65%	31.17%	36.09%	36.60%	0.84%	27.03%

Correlation

The correlation between NESN.SW and QQQ is -0.12, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.12
Correlation (3Y) Calculated over the trailing 3-year period	-0.09
Correlation (5Y) Calculated over the trailing 5-year period	-0.01
Correlation (10Y) Calculated over the trailing 10-year period	0.12
Correlation (All Time) Calculated using the full available price history since Aug 31, 2007	0.21

The correlation between NESN.SW and QQQ shifts across timeframes, from -0.12 (1 year) to 0.21 (all time), reflecting how their relationship changes across market environments.

Return for Risk

NESN.SW vs. QQQ — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NESN.SW

NESN.SW Risk / Return Rank: 24
NESN.SW Sharpe Ratio Rank: 24
NESN.SW Sortino Ratio Rank: 20
NESN.SW Omega Ratio Rank: 21
NESN.SW Calmar Ratio Rank: 26
NESN.SW Martin Ratio Rank: 28

QQQ

QQQ Risk / Return Rank: 69
QQQ Sharpe Ratio Rank: 74
QQQ Sortino Ratio Rank: 67
QQQ Omega Ratio Rank: 70
QQQ Calmar Ratio Rank: 66
QQQ Martin Ratio Rank: 68

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

NESN.SW vs. QQQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Nestlé S.A. (NESN.SW) and Invesco QQQ ETF (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.

	NESN.SW	QQQ	Difference
Sharpe ratio: Return per unit of total volatility	-0.41	1.82	-2.23
Sortino ratio: Return per unit of downside risk	-0.53	2.35	-2.88
Omega ratio: Gain probability vs. loss probability	0.94	1.33	-0.38
Calmar ratio: Return relative to maximum drawdown	-0.46	2.58	-3.04
Martin ratio: Return relative to average drawdown	-0.75	7.67	-8.43
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NESN.SW vs. QQQ - Sharpe Ratio Comparison

The current NESN.SW Sharpe Ratio is -0.41, which is lower than the QQQ Sharpe Ratio of 1.82. The chart below compares the historical Sharpe Ratios of NESN.SW and QQQ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	NESN.SW	QQQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.41	1.82	-2.23
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.26	0.61	-0.87
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.21	0.82	-0.62
Sharpe Ratio (All Time) Calculated using the full available price history	0.47	0.55	-0.08

Drawdowns

NESN.SW vs. QQQ - Drawdown Comparison

The maximum NESN.SW drawdown since its inception was -39.85%, smaller than the maximum QQQ drawdown of -53.00%. Use the drawdown chart below to compare losses from any high point for NESN.SW and QQQ.

Drawdown Indicators

	NESN.SW	QQQ	Difference
Max Drawdown Largest peak-to-trough decline	-39.85%	-53.00%	+13.15%
Max Drawdown (1Y) Largest decline over 1 year	-18.11%	-12.40%	-5.71%
Max Drawdown (3Y) Largest decline over 3 years	-30.19%	-28.10%	-2.09%
Max Drawdown (5Y) Largest decline over 5 years	-38.45%	-35.07%	-3.38%
Max Drawdown (10Y) Largest decline over 10 years	-38.45%	-35.07%	-3.38%
Current Drawdown Current decline from peak	-30.81%	-3.08%	-27.73%
Average Drawdown Average peak-to-trough decline	-9.94%	-10.59%	+0.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.76%	4.16%	+7.60%

Volatility

NESN.SW vs. QQQ - Volatility Comparison

The current volatility for Nestlé S.A. (NESN.SW) is 5.83%, while Invesco QQQ ETF (QQQ) has a volatility of 6.20%. This indicates that NESN.SW 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.

Volatility by Period

	NESN.SW	QQQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.83%	6.20%	-0.37%
Volatility (6M) Calculated over the trailing 6-month period	14.53%	13.18%	+1.35%
Volatility (1Y) Calculated over the trailing 1-year period	20.81%	17.65%	+3.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.51%	23.44%	-5.93%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.61%	23.57%	-6.96%

Dividends

NESN.SW vs. QQQ - Dividend Comparison

NESN.SW's dividend yield for the trailing twelve months is around 4.04%, more than QQQ's 0.39% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NESN.SW Nestlé S.A.	4.04%	3.87%	4.01%	3.03%	2.61%	2.16%	2.59%	2.34%	2.94%	2.74%	3.08%	2.95%
QQQ Invesco QQQ ETF	0.39%	0.45%	0.56%	0.62%	0.80%	0.43%	0.55%	0.74%	0.91%	0.84%	1.06%	0.99%

Frequently Asked Questions

Can I hold both NESN.SW and QQQ in my portfolio?

NESN.SW and QQQ have a correlation of -0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.