NKE vs. QQQ
NKE (NIKE, Inc.) is a stock, while QQQ (Invesco QQQ ETF) is Nasdaq-100 fund tracking the NASDAQ-100 Index. Over the past 10 years, NKE returned -1.12%/yr vs 19.94%/yr for QQQ. Their 0.46 correlation means their historical movements had little consistent relationship.
Performance
NKE vs. QQQ - Performance Comparison
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Returns By Period
In the year-to-date period, NKE achieves a -31.10% return, which is significantly lower than QQQ's 7.97% return. Over the past 10 years, NKE has underperformed QQQ with an annualized return of -1.12%, while QQQ has yielded a comparatively higher 19.94% annualized return.
NKE
- 1D
- 0.39%
- 1M
- 4.19%
- 6M
- -29.47%
- YTD
- -31.10%
- 1Y
- -43.31%
- 3Y*
- -24.90%
- 5Y*
- -22.46%
- 10Y*
- -1.12%
- ALL TIME*
- 14.00%
QQQ
- 1D
- -2.04%
- 1M
- -8.61%
- 6M
- 4.75%
- YTD
- 7.97%
- 1Y
- 17.22%
- 3Y*
- 20.64%
- 5Y*
- 13.34%
- 10Y*
- 19.94%
- ALL TIME*
- 10.48%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
NKE NIKE, Inc. | $743.12M | $1.03B | $1.00B |
| $28.82B | $27.46B | $31.08B |
NKE vs. QQQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NKE NIKE, Inc. | -31.10% | -13.83% | -29.11% | -6.01% | -29.04% | 18.70% | 40.97% | 38.09% | 19.87% | 24.70% |
QQQ Invesco QQQ ETF | 7.97% | 20.77% | 25.58% | 54.86% | -32.58% | 27.42% | 48.62% | 38.96% | -0.13% | 32.66% |
Correlation
The correlation between NKE and QQQ is 0.24, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.24 |
Correlation (3Y) Balances recent behavior with more history. | 0.26 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.45 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.47 |
Correlation (All Time) Calculated using the full available price history since Mar 10, 1999 | 0.46 |
Over the past year, the correlation between NKE and QQQ has dropped to 0.24 - well below their long-term average of 0.46, suggesting their price drivers have been diverging.
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Return for Risk
NKE vs. QQQ — Risk / Return Rank
NKE
QQQ
NKE vs. QQQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for NIKE, Inc. (NKE) 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.
| NKE | QQQ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.13 | ||
| Sortino ratioReturn per unit of downside risk | -3.12 | ||
| Omega ratioGain probability vs. loss probability | 0.77 | 1.16 | -0.39 |
| Calmar ratioReturn relative to maximum drawdown | -0.92 | 1.45 | -2.37 |
| Martin ratioReturn relative to average drawdown | -1.50 | 4.70 | -6.20 |
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Drawdowns
NKE vs. QQQ - Drawdown Comparison
The maximum NKE drawdown since its inception was -75.19%, smaller than the maximum QQQ drawdown of -82.97%. Use the drawdown chart below to compare losses from any high point for NKE and QQQ.
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Drawdown Indicators
| NKE | QQQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -75.19% | -82.97% | +7.78% |
Max Drawdown (1Y)Largest decline over 1 year | -47.12% | -11.96% | -35.16% |
Max Drawdown (3Y)Largest decline over 3 years | -64.87% | -22.77% | -42.10% |
Max Drawdown (5Y)Largest decline over 5 years | -75.10% | -35.12% | -39.98% |
Max Drawdown (10Y)Largest decline over 10 years | -75.10% | -35.12% | -39.98% |
Current DrawdownCurrent decline from peak | -73.60% | -11.22% | -62.38% |
Average DrawdownAverage peak-to-trough decline | -21.07% | -32.63% | +11.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 28.83% | 3.67% | +25.16% |
Volatility
NKE vs. QQQ - Volatility Comparison
NIKE, Inc. (NKE) has a higher volatility of 9.97% compared to Invesco QQQ ETF (QQQ) at 6.21%. This indicates that NKE'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
| NKE | QQQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.97% | 6.21% | +3.76% |
Volatility (6M)Calculated over the trailing 6-month period | 27.73% | 15.77% | +11.96% |
Volatility (1Y)Calculated over the trailing 1-year period | 35.44% | 19.11% | +16.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.54% | 22.86% | +12.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.44% | 22.48% | +9.96% |
Dividends
NKE vs. QQQ - Dividend Comparison
NKE's dividend yield for the trailing twelve months is around 3.77%, more than QQQ's 0.46% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NKE NIKE, Inc. | 3.77% | 2.53% | 2.00% | 1.28% | 1.07% | 0.68% | 0.71% | 0.89% | 1.11% | 1.18% | 1.30% | 0.93% |
QQQ Invesco QQQ ETF | 0.46% | 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
NKE and QQQ have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NKE has higher volatility (9.97%) compared to QQQ (6.21%). In terms of maximum drawdown, NKE dropped -75.19% vs QQQ's -82.97%.
QQQ currently has the higher Sharpe Ratio (0.91 vs -1.23), 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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