QQQ vs. RJF
QQQ (Invesco QQQ ETF) is Nasdaq-100 fund tracking the NASDAQ-100 Index, while RJF (Raymond James Financial, Inc.) is a stock. Over the past 10 years, QQQ returned 21.79%/yr vs 17.98%/yr for RJF. A 0.54 correlation means they provide meaningful diversification when combined.
Performance
QQQ vs. RJF - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, QQQ achieves a 17.57% return, which is significantly higher than RJF's -3.17% return. Over the past 10 years, QQQ has outperformed RJF with an annualized return of 21.79%, while RJF has yielded a comparatively lower 17.98% annualized return.
QQQ
- 1D
- 0.59%
- 1M
- 0.22%
- YTD
- 17.57%
- 6M
- 17.85%
- 1Y
- 37.55%
- 3Y*
- 26.43%
- 5Y*
- 16.85%
- 10Y*
- 21.79%
RJF
- 1D
- 2.65%
- 1M
- -0.75%
- YTD
- -3.17%
- 6M
- -5.10%
- 1Y
- 7.45%
- 3Y*
- 18.32%
- 5Y*
- 13.66%
- 10Y*
- 17.98%
QQQ vs. RJF - 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% |
RJF Raymond James Financial, Inc. | -3.17% | 4.74% | 40.83% | 6.12% | 8.32% | 59.48% | 8.70% | 22.80% | -15.65% | 29.99% |
Correlation
The correlation between QQQ and RJF is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.35 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.38 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.47 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.46 |
Correlation (All Time) Calculated using the full available price history since Mar 10, 1999 | 0.54 |
The correlation between QQQ and RJF shifts across timeframes, from 0.35 (1 year) to 0.54 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
QQQ vs. RJF — Risk / Return Rank
QQQ
RJF
QQQ vs. RJF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco QQQ ETF (QQQ) and Raymond James Financial, Inc. (RJF). 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 | RJF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.88 | ||
| Sortino ratioReturn per unit of downside risk | +2.29 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.06 | +0.31 |
| Calmar ratioReturn relative to maximum drawdown | 3.01 | 0.27 | +2.74 |
| Martin ratioReturn relative to average drawdown | 11.22 | 0.57 | +10.66 |
Loading charts...
Drawdowns
QQQ vs. RJF - Drawdown Comparison
The maximum QQQ drawdown since its inception was -82.97%, which is greater than RJF's maximum drawdown of -69.68%. Use the drawdown chart below to compare losses from any high point for QQQ and RJF.
Loading charts...
Drawdown Indicators
| QQQ | RJF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -82.97% | -69.68% | -13.29% |
Max Drawdown (1Y)Largest decline over 1 year | -11.96% | -19.64% | +7.68% |
Max Drawdown (3Y)Largest decline over 3 years | -22.77% | -28.12% | +5.35% |
Max Drawdown (5Y)Largest decline over 5 years | -35.12% | -32.11% | -3.01% |
Max Drawdown (10Y)Largest decline over 10 years | -35.12% | -45.59% | +10.47% |
Current DrawdownCurrent decline from peak | -3.33% | -11.61% | +8.28% |
Average DrawdownAverage peak-to-trough decline | -32.75% | -14.62% | -18.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.20% | 9.34% | -6.14% |
Volatility
QQQ vs. RJF - Volatility Comparison
Invesco QQQ ETF (QQQ) and Raymond James Financial, Inc. (RJF) have volatilities of 7.56% and 7.64%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| QQQ | RJF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.56% | 7.64% | -0.08% |
Volatility (6M)Calculated over the trailing 6-month period | 13.81% | 19.52% | -5.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.19% | 24.66% | -7.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.55% | 28.04% | -5.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.38% | 30.95% | -8.57% |
Dividends
QQQ vs. RJF - Dividend Comparison
QQQ's dividend yield for the trailing twelve months is around 0.39%, less than RJF's 1.35% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
RJF Raymond James Financial, Inc. | 1.35% | 1.25% | 0.87% | 1.53% | 1.67% | 1.04% | 1.16% | 1.93% | 1.48% | 0.74% | 1.18% | 1.28% |
Frequently Asked Questions
QQQ and RJF have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RJF has higher volatility (7.64%) compared to QQQ (7.56%). In terms of maximum drawdown, QQQ dropped -82.97% vs RJF's -69.68%.
QQQ currently has the higher Sharpe Ratio (2.09 vs 0.22), 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.
Find the right allocation for QQQ and RJF
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer