Q vs. QQQ

Last updated Aug 1, 2026

Q (Qnity Electronics, Inc) is a stock, while QQQ (Invesco QQQ ETF) is Nasdaq-100 fund tracking the NASDAQ-100 Index. Their 0.66 correlation means they have sometimes moved together and sometimes differently.

Performance

Q vs. QQQ - Performance Comparison

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

Returns By Period

In the year-to-date period, Q achieves a 60.85% return, which is significantly higher than QQQ's 12.26% return.

Q

• 1D: 0.51%
• 1M: -7.46%
• 6M: 36.55%
• YTD: 60.85%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

QQQ

• 1D: 0.65%
• 1M: -3.45%
• 6M: 10.89%
• YTD: 12.26%
• 1Y: 24.81%
• 3Y*: 22.29%
• 5Y*: 14.23%
• 10Y*: 20.44%
• ALL TIME*: 10.64%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
Q Qnity Electronics, Inc	$251.80M	$263.90M	$306.14M
QQQ Invesco QQQ ETF	$30.32B	$28.40B	$31.45B

Q vs. QQQ - Yearly Performance Comparison

	2026 (YTD)	2025
Q Qnity Electronics, Inc	60.85%	-16.62%
QQQ Invesco QQQ ETF	12.26%	-2.22%

Correlation

The correlation between Q and QQQ is 0.66, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 3, 2025	0.66

Return for Risk

Q vs. QQQ — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

Q

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

QQQ

QQQ Risk / Return Rank: 49
QQQ Sharpe Ratio Rank: 47
QQQ Sortino Ratio Rank: 46
QQQ Omega Ratio Rank: 45
QQQ Calmar Ratio Rank: 53
QQQ Martin Ratio Rank: 52

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

Q vs. QQQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Qnity Electronics, Inc (Q) 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	Q	QQQ	Difference
Sharpe ratio: Return per unit of total volatility	—	1.16	—
Sortino ratio: Return per unit of downside risk	—	1.65	—
Omega ratio: Gain probability vs. loss probability	—	1.21	—
Calmar ratio: Return relative to maximum drawdown	—	1.88	—
Martin ratio: Return relative to average drawdown	—	6.00	—

Drawdowns

Q vs. QQQ - Drawdown Comparison

The maximum Q drawdown since its inception was -29.75%, smaller than the maximum QQQ drawdown of -82.97%. Use the drawdown chart below to compare losses from any high point for Q and QQQ.

Drawdown Indicators

	Q	QQQ	Difference
Max Drawdown Largest peak-to-trough decline	-29.75%	-82.97%	+53.22%
Max Drawdown (1Y) Largest decline over 1 year	—	-11.96%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-22.77%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-35.12%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-35.12%	—
Current Drawdown Current decline from peak	-25.31%	-7.69%	-17.62%
Average Drawdown Average peak-to-trough decline	-10.22%	-32.62%	+22.40%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.74%	—

Volatility

Volatility by Period

	Q	QQQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	6.87%	—
Volatility (6M) Calculated over the trailing 6-month period	—	16.08%	—
Volatility (1Y) Calculated over the trailing 1-year period	57.74%	19.38%	+38.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	57.74%	22.90%	+34.84%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	57.74%	22.50%	+35.24%

Dividends

Q vs. QQQ - Dividend Comparison

Q's dividend yield for the trailing twelve months is around 0.17%, less than QQQ's 0.44% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Q Qnity Electronics, Inc	0.17%	0.07%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
QQQ Invesco QQQ ETF	0.44%	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

Can I hold both Q and QQQ in my portfolio?

Q and QQQ have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.