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OTIS vs. QQQ
Performance
Return for Risk
Drawdowns
Volatility
Dividends

OTIS vs. QQQ

Last updated Jun 4, 2026

OTIS (Otis Worldwide Corporation) is a stock, while QQQ (Invesco QQQ ETF) is Nasdaq-100 fund tracking the NASDAQ-100 Index. Over the past 5 years, OTIS returned -1.06%/yr vs 17.97%/yr for QQQ. At a 0.39 correlation, their price movements are largely independent.

Performance

OTIS vs. QQQ - Performance Comparison

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

Loading charts...

Returns By Period

In the year-to-date period, OTIS achieves a -19.10% return, which is significantly lower than QQQ's 21.30% return.

OTIS

1D
-0.58%
1M
-7.30%
YTD
-19.10%
6M
-18.72%
1Y
-24.82%
3Y*
-4.88%
5Y*
-1.06%
10Y*
—

QQQ

1D
-0.26%
1M
10.60%
YTD
21.30%
6M
19.66%
1Y
41.82%
3Y*
28.78%
5Y*
17.97%
10Y*
21.94%
*Multi-year figures are annualized to reflect compound growth (CAGR)

OTIS vs. QQQ - Yearly Performance Comparison

2026 (YTD)202520242023202220212020
OTIS
Otis Worldwide Corporation		-19.10%-3.99%5.17%16.04%-8.76%30.41%50.78%
QQQ
Invesco QQQ ETF		21.30%20.77%25.58%54.86%-32.58%27.42%77.86%

Correlation

The correlation between OTIS and QQQ is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.12

Correlation (3Y)
Calculated over the trailing 3-year period

0.28

Correlation (5Y)
Calculated over the trailing 5-year period

0.42

Correlation (All Time)
Calculated using the full available price history since Mar 20, 2020

0.39

Over the past year, the correlation between OTIS and QQQ has dropped to 0.12 - well below their long-term average of 0.39, suggesting their price drivers have been diverging.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Otis Worldwide Corporation

Invesco QQQ ETF

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Often compared with QQQ:
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Return for Risk

OTIS vs. QQQ — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
OTIS
OTIS Risk / Return Rank: 66
Overall Rank
OTIS Sharpe Ratio Rank: 33
Sharpe Ratio Rank
OTIS Sortino Ratio Rank: 77
Sortino Ratio Rank
OTIS Omega Ratio Rank: 77
Omega Ratio Rank
OTIS Calmar Ratio Rank: 99
Calmar Ratio Rank
OTIS Martin Ratio Rank: 22
Martin Ratio Rank
QQQ
QQQ Risk / Return Rank: 7373
Overall Rank
QQQ Sharpe Ratio Rank: 7979
Sharpe Ratio Rank
QQQ Sortino Ratio Rank: 7575
Sortino Ratio Rank
QQQ Omega Ratio Rank: 7474
Omega Ratio Rank
QQQ Calmar Ratio Rank: 6969
Calmar Ratio Rank
QQQ Martin Ratio Rank: 7171
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

OTIS vs. QQQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Otis Worldwide Corporation (OTIS) and Invesco QQQ ETF (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.

OTISQQQDifference
Sharpe ratioReturn per unit of total volatility
-1.07
2.64

-3.71

Sortino ratioReturn per unit of downside risk
-1.33
3.45

-4.78

Omega ratioGain probability vs. loss probability

0.82

1.45

-0.63

Calmar ratioReturn relative to maximum drawdown

-0.83

3.51

-4.34

Martin ratioReturn relative to average drawdown

-1.73

13.49

-15.23

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

OTIS vs. QQQ - Sharpe Ratio Comparison

The current OTIS Sharpe Ratio is -1.07, which is lower than the QQQ Sharpe Ratio of 2.64. The chart below compares the historical Sharpe Ratios of OTIS and QQQ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

OTISQQQDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-1.07

2.64

-3.71

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.05

0.81

-0.86

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.99

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.35

0.41

-0.06

Drawdowns

OTIS vs. QQQ - Drawdown Comparison

The maximum OTIS drawdown since its inception was -32.44%, smaller than the maximum QQQ drawdown of -82.97%. Use the drawdown chart below to compare losses from any high point for OTIS and QQQ.

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Drawdown Indicators

OTISQQQDifference

Max Drawdown

Largest peak-to-trough decline

-32.44%

-82.97%

+50.53%

Max Drawdown (1Y)

Largest decline over 1 year

-30.00%

-11.96%

-18.04%

Max Drawdown (3Y)

Largest decline over 3 years

-32.44%

-22.77%

-9.67%

Max Drawdown (5Y)

Largest decline over 5 years

-32.44%

-35.12%

+2.68%

Max Drawdown (10Y)

Largest decline over 10 years

—

-35.12%

—

Current Drawdown

Current decline from peak

-31.88%

-0.26%

-31.62%

Average Drawdown

Average peak-to-trough decline

-8.90%

-32.79%

+23.89%

Ulcer Index

Depth and duration of drawdowns from previous peaks

14.34%

3.11%

+11.23%

Volatility

OTIS vs. QQQ - Volatility Comparison

Otis Worldwide Corporation (OTIS) has a higher volatility of 5.87% compared to Invesco QQQ ETF (QQQ) at 4.49%. This indicates that OTIS'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.

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Volatility by Period

OTISQQQDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.87%

4.49%

+1.38%

Volatility (6M)

Calculated over the trailing 6-month period

16.06%

12.10%

+3.96%

Volatility (1Y)

Calculated over the trailing 1-year period

23.33%

15.94%

+7.39%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

22.07%

22.38%

-0.31%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

25.34%

22.29%

+3.05%

Dividends

OTIS vs. QQQ - Dividend Comparison

OTIS's dividend yield for the trailing twelve months is around 2.43%, more than QQQ's 0.38% yield.

PositionTTM20252024202320222021202020192018201720162015
OTIS
Otis Worldwide Corporation		2.43%1.89%1.63%1.46%1.42%1.06%0.89%0.00%0.00%0.00%0.00%0.00%
QQQ
Invesco QQQ ETF		0.38%0.45%0.56%0.62%0.80%0.43%0.55%0.74%0.91%0.84%1.06%0.99%

Frequently Asked Questions

OTIS and QQQ have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

OTIS has higher volatility (5.87%) compared to QQQ (4.49%). In terms of maximum drawdown, OTIS dropped -32.44% vs QQQ's -82.97%.

QQQ currently has the higher Sharpe Ratio (2.64 vs -1.07), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

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