NMM vs. QQQM
Compare and contrast key facts about Navios Maritime Partners L.P. (NMM) and Invesco NASDAQ 100 ETF (QQQM).
QQQM is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Oct 13, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NMM or QQQM.
Correlation
The correlation between NMM and QQQM is 0.29, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
NMM vs. QQQM - Performance Comparison
Key characteristics
NMM:
-0.54
QQQM:
0.15
NMM:
-0.59
QQQM:
0.39
NMM:
0.93
QQQM:
1.05
NMM:
-0.26
QQQM:
0.16
NMM:
-0.98
QQQM:
0.60
NMM:
22.97%
QQQM:
6.24%
NMM:
41.96%
QQQM:
24.59%
NMM:
-98.13%
QQQM:
-35.05%
NMM:
-84.03%
QQQM:
-17.54%
Returns By Period
In the year-to-date period, NMM achieves a -24.65% return, which is significantly lower than QQQM's -12.97% return.
NMM
-24.65%
-20.13%
-44.41%
-20.83%
37.92%
-13.23%
QQQM
-12.97%
-7.17%
-9.88%
7.83%
N/A
N/A
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Risk-Adjusted Performance
NMM vs. QQQM — Risk-Adjusted Performance Rank
NMM
QQQM
NMM vs. QQQM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Navios Maritime Partners L.P. (NMM) and Invesco NASDAQ 100 ETF (QQQM). 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
NMM vs. QQQM - Dividend Comparison
NMM's dividend yield for the trailing twelve months is around 0.61%, less than QQQM's 0.68% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NMM Navios Maritime Partners L.P. | 0.61% | 0.46% | 0.72% | 0.77% | 0.80% | 6.25% | 6.44% | 7.06% | 0.00% | 0.00% | 51.06% | 17.42% |
QQQM Invesco NASDAQ 100 ETF | 0.68% | 0.61% | 0.65% | 0.83% | 0.40% | 0.16% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
NMM vs. QQQM - Drawdown Comparison
The maximum NMM drawdown since its inception was -98.13%, which is greater than QQQM's maximum drawdown of -35.05%. Use the drawdown chart below to compare losses from any high point for NMM and QQQM. For additional features, visit the drawdowns tool.
Volatility
NMM vs. QQQM - Volatility Comparison
Navios Maritime Partners L.P. (NMM) has a higher volatility of 19.92% compared to Invesco NASDAQ 100 ETF (QQQM) at 15.87%. This indicates that NMM's price experiences larger fluctuations and is considered to be riskier than QQQM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.