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:
1.42
QQQ:
0.39
NXRT:
2.03
QQQ:
0.64
NXRT:
1.24
QQQ:
1.08
NXRT:
0.54
QQQ:
0.57
NXRT:
3.92
QQQ:
1.49
NXRT:
8.95%
QQQ:
5.13%
NXRT:
24.63%
QQQ:
19.64%
NXRT:
-70.30%
QQQ:
-82.98%
NXRT:
-51.29%
QQQ:
-11.61%
Returns By Period
In the year-to-date period, NXRT achieves a -1.26% return, which is significantly higher than QQQ's -6.72% return. Over the past 10 years, NXRT has underperformed QQQ with an annualized return of 15.75%, while QQQ has yielded a comparatively higher 17.26% annualized return.
NXRT
-1.26%
-2.22%
-3.32%
39.34%
17.69%
15.75%
QQQ
-6.72%
-4.06%
-0.90%
8.60%
21.89%
17.26%
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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 4.78%, more than QQQ's 0.63% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NXRT NexPoint Residential Trust, Inc. | 4.78% | 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 | 0.63% | 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
The current volatility for NexPoint Residential Trust, Inc. (NXRT) is 6.02%, while Invesco QQQ (QQQ) has a volatility of 7.78%. This indicates that NXRT experiences smaller price fluctuations and is considered to be less risky than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.