QQQ vs. E
QQQ (Invesco QQQ ETF) is Nasdaq-100 fund tracking the NASDAQ-100 Index, while E (Eni S.p.A.) is a stock. Over the past 10 years, QQQ returned 21.79%/yr vs 12.46%/yr for E. At a 0.36 correlation, their price movements are largely independent.
Performance
QQQ vs. E - Performance Comparison
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Returns By Period
In the year-to-date period, QQQ achieves a 17.57% return, which is significantly lower than E's 44.27% return. Over the past 10 years, QQQ has outperformed E with an annualized return of 21.79%, while E has yielded a comparatively lower 12.46% annualized return.
QQQ
- 1D
- 0.59%
- 1M
- 0.93%
- YTD
- 17.57%
- 6M
- 17.85%
- 1Y
- 35.82%
- 3Y*
- 26.43%
- 5Y*
- 16.85%
- 10Y*
- 21.79%
E
- 1D
- -1.04%
- 1M
- -2.55%
- YTD
- 44.27%
- 6M
- 45.57%
- 1Y
- 75.29%
- 3Y*
- 32.48%
- 5Y*
- 23.85%
- 10Y*
- 12.46%
QQQ vs. E - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
QQQ Invesco QQQ ETF | 17.57% | 20.77% | 25.58% | 54.86% | -32.58% | 27.42% | 48.62% | 38.96% | -0.13% | 32.66% |
E Eni S.p.A. | 44.27% | 48.40% | -13.95% | 26.73% | 10.92% | 43.12% | -28.73% | 4.29% | -0.98% | 7.27% |
Correlation
The correlation between QQQ and E is -0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.03 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.10 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.21 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.27 |
Correlation (All Time) Calculated using the full available price history since Mar 10, 1999 | 0.36 |
The correlation between QQQ and E shifts across timeframes, from -0.03 (1 year) to 0.36 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
QQQ vs. E — Risk / Return Rank
QQQ
E
QQQ vs. E - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco QQQ ETF (QQQ) and Eni S.p.A. (E). 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.
| QQQ | E | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.24 | ||
| Sortino ratioReturn per unit of downside risk | -1.20 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.53 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | 3.01 | 8.14 | -5.13 |
| Martin ratioReturn relative to average drawdown | 11.22 | 26.54 | -15.31 |
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Drawdowns
QQQ vs. E - Drawdown Comparison
The maximum QQQ drawdown since its inception was -82.97%, which is greater than E's maximum drawdown of -70.53%. Use the drawdown chart below to compare losses from any high point for QQQ and E.
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Drawdown Indicators
| QQQ | E | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -82.97% | -70.53% | -12.44% |
Max Drawdown (1Y)Largest decline over 1 year | -11.96% | -9.30% | -2.66% |
Max Drawdown (3Y)Largest decline over 3 years | -22.77% | -20.13% | -2.64% |
Max Drawdown (5Y)Largest decline over 5 years | -35.12% | -33.71% | -1.41% |
Max Drawdown (10Y)Largest decline over 10 years | -35.12% | -61.59% | +26.47% |
Current DrawdownCurrent decline from peak | -3.33% | -6.08% | +2.75% |
Average DrawdownAverage peak-to-trough decline | -32.75% | -23.07% | -9.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.20% | 2.85% | +0.35% |
Volatility
QQQ vs. E - Volatility Comparison
Invesco QQQ ETF (QQQ) has a higher volatility of 7.56% compared to Eni S.p.A. (E) at 6.01%. This indicates that QQQ's price experiences larger fluctuations and is considered to be riskier than E based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| QQQ | E | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.56% | 6.01% | +1.55% |
Volatility (6M)Calculated over the trailing 6-month period | 13.81% | 19.56% | -5.75% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.19% | 22.72% | -5.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.55% | 25.04% | -2.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.38% | 28.30% | -5.92% |
Dividends
QQQ vs. E - Dividend Comparison
QQQ's dividend yield for the trailing twelve months is around 0.39%, less than E's 4.50% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
E Eni S.p.A. | 4.50% | 5.88% | 7.69% | 5.74% | 6.38% | 5.79% | 5.91% | 6.11% | 5.15% | 3.96% | 3.98% | 5.14% |
QQQ Invesco QQQ ETF | 0.39% | 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
QQQ and E have a correlation of -0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
QQQ has higher volatility (7.56%) compared to E (6.01%). In terms of maximum drawdown, QQQ dropped -82.97% vs E's -70.53%.
E currently has the higher Sharpe Ratio (3.34 vs 2.09), 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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