NESR vs. QQQ

Last updated Aug 4, 2026

NESR (National Energy Services Reunited Corp.) is a stock, while QQQ (Invesco QQQ ETF) is Nasdaq-100 fund tracking the NASDAQ-100 Index. Over the past 5 years, NESR returned 18.84%/yr vs 14.45%/yr for QQQ. Their 0.22 correlation means their historical movements had little consistent relationship.

Performance

NESR vs. QQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in National Energy Services Reunited Corp. (NESR) and Invesco QQQ ETF (QQQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NESR achieves a 77.39% return, which is significantly higher than QQQ's 14.23% return.

NESR

• 1D: 3.04%
• 1M: -0.43%
• 6M: 35.12%
• YTD: 77.39%
• 1Y: 334.06%
• 3Y*: 94.94%
• 5Y*: 18.84%
• 10Y*: —
• ALL TIME*: 12.49%

QQQ

• 1D: 1.76%
• 1M: -1.76%
• 6M: 12.07%
• YTD: 14.23%
• 1Y: 27.00%
• 3Y*: 24.17%
• 5Y*: 14.45%
• 10Y*: 20.46%
• ALL TIME*: 10.70%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
NESR National Energy Services Reunited Corp.	$48.35M	$50.64M	$56.33M
QQQ Invesco QQQ ETF	$31.40B	$28.17B	$31.69B

NESR vs. QQQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
NESR National Energy Services Reunited Corp.	77.39%	74.78%	46.89%	-12.10%	-26.56%	-4.83%	8.88%	5.31%	-12.96%	5.29%
QQQ Invesco QQQ ETF	14.23%	20.77%	25.58%	54.86%	-32.58%	27.42%	48.62%	38.96%	-0.13%	9.34%

Correlation

The correlation between NESR and QQQ is 0.30, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.30
Correlation (3Y) Balances recent behavior with more history.	0.23
Correlation (5Y) Shows whether the relationship held over a longer period.	0.24
Correlation (All Time) Calculated using the full available price history since Jun 5, 2017	0.22

Return for Risk

NESR vs. QQQ — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

NESR

NESR Risk / Return Rank: 99
NESR Sharpe Ratio Rank: 100
NESR Sortino Ratio Rank: 99
NESR Omega Ratio Rank: 98
NESR Calmar Ratio Rank: 99
NESR Martin Ratio Rank: 99

QQQ

QQQ Risk / Return Rank: 58
QQQ Sharpe Ratio Rank: 58
QQQ Sortino Ratio Rank: 55
QQQ Omega Ratio Rank: 55
QQQ Calmar Ratio Rank: 64
QQQ Martin Ratio Rank: 59

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

NESR vs. QQQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for National Energy Services Reunited Corp. (NESR) 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	NESR	QQQ	Difference
Sharpe ratio: Return per unit of total volatility	6.37	1.40	+4.97
Sortino ratio: Return per unit of downside risk	5.92	1.95	+3.97
Omega ratio: Gain probability vs. loss probability	1.72	1.25	+0.48
Calmar ratio: Return relative to maximum drawdown	12.29	2.27	+10.02
Martin ratio: Return relative to average drawdown	42.04	7.21	+34.83

NESR vs. QQQ - Sharpe Ratio Comparison

The current NESR Sharpe Ratio is 6.37, which is higher than the QQQ Sharpe Ratio of 1.40. The chart below compares the historical Sharpe Ratios of NESR 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.

Drawdowns

NESR vs. QQQ - Drawdown Comparison

The maximum NESR drawdown since its inception was -83.12%, roughly equal to the maximum QQQ drawdown of -82.97%. Use the drawdown chart below to compare losses from any high point for NESR and QQQ.

Drawdown Indicators

	NESR	QQQ	Difference
Max Drawdown Largest peak-to-trough decline	-83.12%	-82.97%	-0.15%
Max Drawdown (1Y) Largest decline over 1 year	-27.39%	-11.96%	-15.43%
Max Drawdown (3Y) Largest decline over 3 years	-45.64%	-22.77%	-22.87%
Max Drawdown (5Y) Largest decline over 5 years	-79.68%	-35.12%	-44.56%
Max Drawdown (10Y) Largest decline over 10 years	—	-35.12%	—
Current Drawdown Current decline from peak	-7.18%	-6.07%	-1.11%
Average Drawdown Average peak-to-trough decline	-35.47%	-32.61%	-2.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.99%	3.76%	+4.23%

Volatility

NESR vs. QQQ - Volatility Comparison

National Energy Services Reunited Corp. (NESR) has a higher volatility of 15.36% compared to Invesco QQQ ETF (QQQ) at 6.96%. This indicates that NESR'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.

Volatility by Period

	NESR	QQQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.36%	6.96%	+8.40%
Volatility (6M) Calculated over the trailing 6-month period	40.61%	16.12%	+24.49%
Volatility (1Y) Calculated over the trailing 1-year period	52.96%	19.37%	+33.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	56.16%	22.92%	+33.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	52.33%	22.51%	+29.82%

Dividends

NESR vs. QQQ - Dividend Comparison

NESR has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.43%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NESR National Energy Services Reunited Corp.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
QQQ Invesco QQQ ETF	0.43%	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 NESR and QQQ in my portfolio?

NESR and QQQ have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, NESR or QQQ?

NESR has higher volatility (15.36%) compared to QQQ (6.96%). In terms of maximum drawdown, NESR dropped -83.12% vs QQQ's -82.97%.

Which has better risk-adjusted returns?

NESR currently has the higher Sharpe Ratio (6.37 vs 1.40), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.