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NICE vs. QQQ
Performance
Return for Risk
Drawdowns
Volatility
Dividends

NICE vs. QQQ

Last updated Jun 26, 2026

NICE (NICE Ltd.) is a stock, while QQQ (Invesco QQQ ETF) is Nasdaq-100 fund tracking the NASDAQ-100 Index. Over the past 10 years, NICE returned 3.94%/yr vs 22.36%/yr for QQQ. At a 0.47 correlation, their price movements are largely independent.

Performance

NICE vs. QQQ - Performance Comparison

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

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Returns By Period

In the year-to-date period, NICE achieves a -22.51% return, which is significantly lower than QQQ's 16.89% return. Over the past 10 years, NICE has underperformed QQQ with an annualized return of 3.94%, while QQQ has yielded a comparatively higher 22.36% annualized return.

NICE

1D
0.22%
1M
-6.97%
YTD
-22.51%
6M
-22.60%
1Y
-47.08%
3Y*
-24.37%
5Y*
-18.49%
10Y*
3.94%

QQQ

1D
0.81%
1M
-1.80%
YTD
16.89%
6M
15.09%
1Y
33.02%
3Y*
26.78%
5Y*
16.13%
10Y*
22.36%
*Multi-year figures are annualized to reflect compound growth (CAGR)

NICE vs. QQQ - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
NICE
NICE Ltd.		-22.51%-33.44%-14.87%3.75%-36.66%7.07%82.75%43.38%17.73%33.92%
QQQ
Invesco QQQ ETF		16.89%20.77%25.58%54.86%-32.58%27.42%48.62%38.96%-0.13%32.66%

Correlation

The correlation between NICE and QQQ is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.19

Correlation (3Y)
Calculated over the trailing 3-year period

0.38

Correlation (5Y)
Calculated over the trailing 5-year period

0.50

Correlation (10Y)
Calculated over the trailing 10-year period

0.51

Correlation (All Time)
Calculated using the full available price history since Mar 10, 1999

0.47

Over the past year, the correlation between NICE and QQQ has dropped to 0.19 - well below their long-term average of 0.47, suggesting their price drivers have been diverging.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

NICE Ltd.

Invesco QQQ ETF

Often compared with NICE:
NICE vs. KEYSNICE vs. FLNICE vs. GOOGNICE vs. VOONICE vs. UNHNICE vs. CRWDNICE vs. SPY
Often compared with QQQ:
QQQ vs. SPYQQQ vs. VOOQQQ vs. VGTQQQ vs. TQQQQQQ vs. SMHQQQ vs. QQQMQQQ vs. SPMO

Return for Risk

NICE vs. QQQ — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
NICE
NICE Risk / Return Rank: 77
Overall Rank
NICE Sharpe Ratio Rank: 77
Sharpe Ratio Rank
NICE Sortino Ratio Rank: 99
Sortino Ratio Rank
NICE Omega Ratio Rank: 88
Omega Ratio Rank
NICE Calmar Ratio Rank: 66
Calmar Ratio Rank
NICE Martin Ratio Rank: 77
Martin Ratio Rank
QQQ
QQQ Risk / Return Rank: 6464
Overall Rank
QQQ Sharpe Ratio Rank: 6666
Sharpe Ratio Rank
QQQ Sortino Ratio Rank: 6161
Sortino Ratio Rank
QQQ Omega Ratio Rank: 6363
Omega Ratio Rank
QQQ Calmar Ratio Rank: 6565
Calmar Ratio Rank
QQQ Martin Ratio Rank: 6565
Martin Ratio Rank
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.

NICE vs. QQQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for NICE Ltd. (NICE) 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.

NICEQQQDifference
Sharpe ratioReturn per unit of total volatility
-0.93
1.85

-2.78

Sortino ratioReturn per unit of downside risk
-1.24
2.45

-3.69

Omega ratioGain probability vs. loss probability

0.82

1.33

-0.51

Calmar ratioReturn relative to maximum drawdown

-0.91

2.77

-3.69

Martin ratioReturn relative to average drawdown

-1.48

10.21

-11.69

NICE vs. QQQ - Sharpe Ratio Comparison

The current NICE Sharpe Ratio is -0.93, which is lower than the QQQ Sharpe Ratio of 1.85. The chart below compares the historical Sharpe Ratios of NICE 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.

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Drawdowns

NICE vs. QQQ - Drawdown Comparison

The maximum NICE drawdown since its inception was -93.23%, which is greater than QQQ's maximum drawdown of -82.97%. Use the drawdown chart below to compare losses from any high point for NICE and QQQ.

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Drawdown Indicators

NICEQQQDifference

Max Drawdown

Largest peak-to-trough decline

-93.23%

-82.97%

-10.26%

Max Drawdown (1Y)

Largest decline over 1 year

-51.65%

-11.96%

-39.69%

Max Drawdown (3Y)

Largest decline over 3 years

-68.21%

-22.77%

-45.44%

Max Drawdown (5Y)

Largest decline over 5 years

-73.60%

-35.12%

-38.48%

Max Drawdown (10Y)

Largest decline over 10 years

-73.60%

-35.12%

-38.48%

Current Drawdown

Current decline from peak

-72.19%

-3.89%

-68.30%

Average Drawdown

Average peak-to-trough decline

-35.22%

-32.72%

-2.50%

Ulcer Index

Depth and duration of drawdowns from previous peaks

31.87%

3.24%

+28.63%

Volatility

NICE vs. QQQ - Volatility Comparison

NICE Ltd. (NICE) has a higher volatility of 11.95% compared to Invesco QQQ ETF (QQQ) at 9.02%. This indicates that NICE'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.

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Volatility by Period

NICEQQQDifference

Volatility (1M)

Calculated over the trailing 1-month period

11.95%

9.02%

+2.93%

Volatility (6M)

Calculated over the trailing 6-month period

42.02%

14.55%

+27.47%

Volatility (1Y)

Calculated over the trailing 1-year period

50.95%

17.91%

+33.04%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

39.81%

22.69%

+17.12%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

33.23%

22.41%

+10.82%

Dividends

NICE vs. QQQ - Dividend Comparison

NICE has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.42%.

PositionTTM20252024202320222021202020192018201720162015
NICE
NICE Ltd.		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.14%0.76%0.91%
QQQ
Invesco QQQ ETF		0.42%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

NICE and QQQ have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

NICE has higher volatility (11.95%) compared to QQQ (9.02%). In terms of maximum drawdown, NICE dropped -93.23% vs QQQ's -82.97%.

QQQ currently has the higher Sharpe Ratio (1.85 vs -0.93), 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.

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