ORCL vs. QQQ
Compare and contrast key facts about Oracle Corporation (ORCL) 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: ORCL or QQQ.
Key characteristics
| ORCL | QQQ | |
|---|---|---|
| YTD Return | 11.96% | 5.38% |
| 1Y Return | 25.10% | 35.44% |
| 3Y Return (Ann) | 17.77% | 8.91% |
| 5Y Return (Ann) | 18.07% | 18.53% |
| 10Y Return (Ann) | 13.09% | 18.34% |
| Sharpe Ratio | 0.83 | 2.40 |
| Daily Std Dev | 32.33% | 16.32% |
| Max Drawdown | -84.19% | -82.98% |
| Current Drawdown | -9.02% | -3.45% |
Correlation
The correlation between ORCL and QQQ is 0.65, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
ORCL vs. QQQ - Performance Comparison
In the year-to-date period, ORCL achieves a 11.96% return, which is significantly higher than QQQ's 5.38% return. Over the past 10 years, ORCL has underperformed QQQ with an annualized return of 13.09%, while QQQ has yielded a comparatively higher 18.34% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
ORCL vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Oracle Corporation (ORCL) 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
ORCL vs. QQQ - Dividend Comparison
ORCL's dividend yield for the trailing twelve months is around 1.37%, more than QQQ's 0.61% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ORCL Oracle Corporation | 1.37% | 1.44% | 1.57% | 1.38% | 1.48% | 1.72% | 1.68% | 1.52% | 1.56% | 1.56% | 1.07% | 0.63% |
QQQ Invesco QQQ | 0.61% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.01% |
Drawdowns
ORCL vs. QQQ - Drawdown Comparison
The maximum ORCL drawdown since its inception was -84.19%, roughly equal to the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for ORCL and QQQ. For additional features, visit the drawdowns tool.
Volatility
ORCL vs. QQQ - Volatility Comparison
Oracle Corporation (ORCL) and Invesco QQQ (QQQ) have volatilities of 5.18% and 5.12%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.