NXRT vs. QQQ
Compare and contrast key facts about NexPoint Residential Trust, Inc. (NXRT) and Invesco QQQ (QQQ).
QQQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 10, 1999.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NXRT or QQQ.
Correlation
The correlation between NXRT and QQQ 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
NXRT vs. QQQ - Performance Comparison
Key characteristics
NXRT:
1.06
QQQ:
1.43
NXRT:
1.55
QQQ:
1.95
NXRT:
1.19
QQQ:
1.26
NXRT:
0.42
QQQ:
1.92
NXRT:
4.50
QQQ:
6.71
NXRT:
6.42%
QQQ:
3.88%
NXRT:
27.32%
QQQ:
18.19%
NXRT:
-70.30%
QQQ:
-82.98%
NXRT:
-53.19%
QQQ:
-4.51%
Returns By Period
In the year-to-date period, NXRT achieves a -5.13% return, which is significantly lower than QQQ's 0.36% return.
NXRT
-5.13%
-11.33%
-1.97%
32.71%
0.05%
N/A
QQQ
0.36%
-4.09%
7.33%
26.75%
18.92%
18.64%
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Risk-Adjusted Performance
NXRT vs. QQQ — Risk-Adjusted Performance Rank
NXRT
QQQ
NXRT vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for NexPoint Residential Trust, Inc. (NXRT) and Invesco QQQ (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.
Dividends
NXRT vs. QQQ - Dividend Comparison
NXRT's dividend yield for the trailing twelve months is around 4.79%, more than QQQ's 0.55% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NXRT NexPoint Residential Trust, Inc. | 4.79% | 4.54% | 5.00% | 3.58% | 1.67% | 3.03% | 2.53% | 2.92% | 3.26% | 3.75% | 4.72% | 0.00% |
QQQ Invesco QQQ | 0.55% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
NXRT vs. QQQ - Drawdown Comparison
The maximum NXRT drawdown since its inception was -70.30%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for NXRT and QQQ. For additional features, visit the drawdowns tool.
Volatility
NXRT vs. QQQ - Volatility Comparison
NexPoint Residential Trust, Inc. (NXRT) has a higher volatility of 9.69% compared to Invesco QQQ (QQQ) at 6.38%. This indicates that NXRT'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.