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OSK vs. QQQ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between OSK and QQQ is 0.44, 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.


-0.50.00.51.00.4

Performance

OSK vs. QQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Oshkosh Corporation (OSK) and Invesco QQQ (QQQ). The values are adjusted to include any dividend payments, if applicable.

1,000.00%1,500.00%2,000.00%2,500.00%JulyAugustSeptemberOctoberNovemberDecember
2,161.97%
1,092.67%
OSK
QQQ

Key characteristics

Sharpe Ratio

OSK:

-0.33

QQQ:

1.64

Sortino Ratio

OSK:

-0.28

QQQ:

2.19

Omega Ratio

OSK:

0.97

QQQ:

1.30

Calmar Ratio

OSK:

-0.36

QQQ:

2.16

Martin Ratio

OSK:

-0.75

QQQ:

7.79

Ulcer Index

OSK:

13.11%

QQQ:

3.76%

Daily Std Dev

OSK:

29.50%

QQQ:

17.85%

Max Drawdown

OSK:

-93.84%

QQQ:

-82.98%

Current Drawdown

OSK:

-27.43%

QQQ:

-3.63%

Returns By Period

In the year-to-date period, OSK achieves a -11.98% return, which is significantly lower than QQQ's 27.20% return. Over the past 10 years, OSK has underperformed QQQ with an annualized return of 8.45%, while QQQ has yielded a comparatively higher 18.36% annualized return.


OSK

YTD

-11.98%

1M

-13.08%

6M

-12.00%

1Y

-10.78%

5Y*

1.46%

10Y*

8.45%

QQQ

YTD

27.20%

1M

3.08%

6M

8.34%

1Y

27.81%

5Y*

20.44%

10Y*

18.36%

Compare stocks, funds, or ETFs

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Risk-Adjusted Performance

OSK vs. QQQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Oshkosh Corporation (OSK) 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.


Sharpe ratio
The chart of Sharpe ratio for OSK, currently valued at -0.33, compared to the broader market-4.00-2.000.002.00-0.331.64
The chart of Sortino ratio for OSK, currently valued at -0.28, compared to the broader market-4.00-2.000.002.004.00-0.282.19
The chart of Omega ratio for OSK, currently valued at 0.97, compared to the broader market0.501.001.502.000.971.30
The chart of Calmar ratio for OSK, currently valued at -0.36, compared to the broader market0.002.004.006.00-0.362.16
The chart of Martin ratio for OSK, currently valued at -0.75, compared to the broader market-5.000.005.0010.0015.0020.0025.00-0.757.79
OSK
QQQ

The current OSK Sharpe Ratio is -0.33, which is lower than the QQQ Sharpe Ratio of 1.64. The chart below compares the historical Sharpe Ratios of OSK and QQQ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-0.500.000.501.001.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
-0.33
1.64
OSK
QQQ

Dividends

OSK vs. QQQ - Dividend Comparison

OSK's dividend yield for the trailing twelve months is around 1.96%, more than QQQ's 0.43% yield.


TTM20232022202120202019201820172016201520142013
OSK
Oshkosh Corporation
1.96%1.51%1.68%1.21%1.43%1.17%1.61%0.96%1.21%1.79%1.27%0.30%
QQQ
Invesco QQQ
0.43%0.62%0.80%0.43%0.55%0.74%0.91%0.84%1.06%0.99%1.41%1.02%

Drawdowns

OSK vs. QQQ - Drawdown Comparison

The maximum OSK drawdown since its inception was -93.84%, which is greater than QQQ's maximum drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for OSK and QQQ. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-27.43%
-3.63%
OSK
QQQ

Volatility

OSK vs. QQQ - Volatility Comparison

Oshkosh Corporation (OSK) has a higher volatility of 7.85% compared to Invesco QQQ (QQQ) at 5.29%. This indicates that OSK'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.


4.00%6.00%8.00%10.00%12.00%14.00%JulyAugustSeptemberOctoberNovemberDecember
7.85%
5.29%
OSK
QQQ
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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