QQQ vs. LDOS
QQQ (Invesco QQQ ETF) is Nasdaq-100 fund tracking the NASDAQ-100 Index, while LDOS (Leidos Holdings, Inc.) is a stock. Over the past 10 years, QQQ returned 21.79%/yr vs 14.97%/yr for LDOS. At a 0.42 correlation, their price movements are largely independent.
Performance
QQQ vs. LDOS - Performance Comparison
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Returns By Period
In the year-to-date period, QQQ achieves a 17.57% return, which is significantly higher than LDOS's -32.12% return. Over the past 10 years, QQQ has outperformed LDOS with an annualized return of 21.79%, while LDOS has yielded a comparatively lower 14.97% annualized return.
QQQ
- 1D
- 0.59%
- 1M
- 1.75%
- YTD
- 17.57%
- 6M
- 17.85%
- 1Y
- 37.55%
- 3Y*
- 26.43%
- 5Y*
- 16.85%
- 10Y*
- 21.79%
LDOS
- 1D
- 0.07%
- 1M
- -1.24%
- YTD
- -32.12%
- 6M
- -35.31%
- 1Y
- -17.31%
- 3Y*
- 14.74%
- 5Y*
- 4.03%
- 10Y*
- 14.97%
QQQ vs. LDOS - 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% |
LDOS Leidos Holdings, Inc. | -32.12% | 26.50% | 34.52% | 4.50% | 20.04% | -14.20% | 8.95% | 88.82% | -16.72% | 29.14% |
Correlation
The correlation between QQQ and LDOS is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.14 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.23 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.33 |
Correlation (All Time) Calculated using the full available price history since Oct 13, 2006 | 0.42 |
Over the past year, the correlation between QQQ and LDOS has dropped to 0.14 - well below their long-term average of 0.42, suggesting their price drivers have been diverging.
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Return for Risk
QQQ vs. LDOS — Risk / Return Rank
QQQ
LDOS
QQQ vs. LDOS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco QQQ ETF (QQQ) and Leidos Holdings, Inc. (LDOS). 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 | LDOS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.67 | ||
| Sortino ratioReturn per unit of downside risk | +3.35 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 0.91 | +0.45 |
| Calmar ratioReturn relative to maximum drawdown | 3.01 | -0.43 | +3.44 |
| Martin ratioReturn relative to average drawdown | 11.22 | -1.09 | +12.31 |
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Drawdowns
QQQ vs. LDOS - Drawdown Comparison
The maximum QQQ drawdown since its inception was -82.97%, which is greater than LDOS's maximum drawdown of -54.72%. Use the drawdown chart below to compare losses from any high point for QQQ and LDOS.
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Drawdown Indicators
| QQQ | LDOS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -82.97% | -54.72% | -28.25% |
Max Drawdown (1Y)Largest decline over 1 year | -11.96% | -38.73% | +26.77% |
Max Drawdown (3Y)Largest decline over 3 years | -22.77% | -38.73% | +15.96% |
Max Drawdown (5Y)Largest decline over 5 years | -35.12% | -38.73% | +3.61% |
Max Drawdown (10Y)Largest decline over 10 years | -35.12% | -42.29% | +7.17% |
Current DrawdownCurrent decline from peak | -3.33% | -38.49% | +35.16% |
Average DrawdownAverage peak-to-trough decline | -32.75% | -19.68% | -13.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.20% | 15.33% | -12.13% |
Volatility
QQQ vs. LDOS - Volatility Comparison
Invesco QQQ ETF (QQQ) has a higher volatility of 7.56% compared to Leidos Holdings, Inc. (LDOS) at 6.30%. This indicates that QQQ's price experiences larger fluctuations and is considered to be riskier than LDOS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| QQQ | LDOS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.56% | 6.30% | +1.26% |
Volatility (6M)Calculated over the trailing 6-month period | 13.81% | 25.00% | -11.19% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.19% | 29.28% | -12.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.55% | 26.73% | -4.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.38% | 27.48% | -5.10% |
Dividends
QQQ vs. LDOS - Dividend Comparison
QQQ's dividend yield for the trailing twelve months is around 0.39%, less than LDOS's 1.36% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LDOS Leidos Holdings, Inc. | 1.36% | 0.90% | 1.07% | 1.35% | 1.37% | 1.57% | 1.29% | 1.35% | 2.43% | 1.98% | 29.17% | 3.41% |
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 LDOS have a correlation of 0.14, 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 LDOS (6.30%). In terms of maximum drawdown, QQQ dropped -82.97% vs LDOS's -54.72%.
QQQ currently has the higher Sharpe Ratio (2.09 vs -0.57), 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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