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QQQ vs. SAAB-B.ST
Performance
Return for Risk
Drawdowns
Volatility
Dividends

QQQ vs. SAAB-B.ST

Last updated Jun 14, 2026

QQQ (Invesco QQQ ETF) is Nasdaq-100 fund tracking the NASDAQ-100 Index, while SAAB-B.ST (Saab AB (publ)) is a stock. Over the past 10 years, QQQ returned 21.79%/yr vs 28.16%/yr for SAAB-B.ST. At a 0.28 correlation, their price movements are largely independent.

Performance

QQQ vs. SAAB-B.ST - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco QQQ ETF (QQQ) and Saab AB (publ) (SAAB-B.ST). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

QQQ is traded in USD, while SAAB-B.ST is traded in SEK. To make them comparable, the SAAB-B.ST values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, QQQ achieves a 17.57% return, which is significantly higher than SAAB-B.ST's -5.31% return. Over the past 10 years, QQQ has underperformed SAAB-B.ST with an annualized return of 21.79%, while SAAB-B.ST has yielded a comparatively higher 28.16% 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%

SAAB-B.ST

1D
-2.59%
1M
4.81%
YTD
-5.31%
6M
1.10%
1Y
14.34%
3Y*
60.37%
5Y*
53.41%
10Y*
28.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

QQQ vs. SAAB-B.ST - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
QQQ
Invesco QQQ ETF		17.57%20.77%25.58%54.86%-32.58%27.42%48.62%38.96%-0.13%32.66%
SAAB-B.ST
Saab AB (publ)		-5.31%177.31%43.28%58.12%63.80%-5.44%-12.93%3.95%-12.36%37.85%

Correlation

The correlation between QQQ and SAAB-B.ST 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

0.13

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

0.15

Correlation (10Y)
Calculated over the trailing 10-year period

0.21

Correlation (All Time)
Calculated using the full available price history since Jul 17, 2007

0.28

The correlation between QQQ and SAAB-B.ST shifts across timeframes, from 0.13 (3 years) to 0.28 (all time), reflecting how their relationship changes across market environments.

Compare stocks, funds, or ETFs

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Invesco QQQ ETF

Saab AB (publ)

Often compared with QQQ:
QQQ vs. SPYQQQ vs. VOOQQQ vs. VGTQQQ vs. TQQQQQQ vs. SMHQQQ vs. QQQMQQQ vs. QQQI
Often compared with SAAB-B.ST:
SAAB-B.ST vs. MANTA.HESAAB-B.ST vs. PL=FSAAB-B.ST vs. AM.PASAAB-B.ST vs. HO.PASAAB-B.ST vs. BA.LSAAB-B.ST vs. ESLTSAAB-B.ST vs. LHX

Return for Risk

QQQ vs. SAAB-B.ST — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
QQQ
QQQ Risk / Return Rank: 7171
Overall Rank
QQQ Sharpe Ratio Rank: 7575
Sharpe Ratio Rank
QQQ Sortino Ratio Rank: 7070
Sortino Ratio Rank
QQQ Omega Ratio Rank: 7373
Omega Ratio Rank
QQQ Calmar Ratio Rank: 6969
Calmar Ratio Rank
QQQ Martin Ratio Rank: 7070
Martin Ratio Rank
SAAB-B.ST
SAAB-B.ST Risk / Return Rank: 5454
Overall Rank
SAAB-B.ST Sharpe Ratio Rank: 5656
Sharpe Ratio Rank
SAAB-B.ST Sortino Ratio Rank: 5353
Sortino Ratio Rank
SAAB-B.ST Omega Ratio Rank: 5050
Omega Ratio Rank
SAAB-B.ST Calmar Ratio Rank: 5454
Calmar Ratio Rank
SAAB-B.ST Martin Ratio Rank: 5757
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.

QQQ vs. SAAB-B.ST - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco QQQ ETF (QQQ) and Saab AB (publ) (SAAB-B.ST). 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.

QQQSAAB-B.STDifference
Sharpe ratioReturn per unit of total volatility
2.09
0.37

+1.73

Sortino ratioReturn per unit of downside risk
2.73
0.87

+1.86

Omega ratioGain probability vs. loss probability

1.37

1.10

+0.27

Calmar ratioReturn relative to maximum drawdown

3.01

0.46

+2.55

Martin ratioReturn relative to average drawdown

11.22

1.15

+10.08

QQQ vs. SAAB-B.ST - Sharpe Ratio Comparison

The current QQQ Sharpe Ratio is 2.09, which is higher than the SAAB-B.ST Sharpe Ratio of 0.37. The chart below compares the historical Sharpe Ratios of QQQ and SAAB-B.ST, 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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Drawdowns

QQQ vs. SAAB-B.ST - Drawdown Comparison

The maximum QQQ drawdown since its inception was -82.97%, roughly equal to the maximum SAAB-B.ST drawdown of -81.01%. Use the drawdown chart below to compare losses from any high point for QQQ and SAAB-B.ST.

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Drawdown Indicators

QQQSAAB-B.STDifference

Max Drawdown

Largest peak-to-trough decline

-82.97%

-81.01%

-1.96%

Max Drawdown (1Y)

Largest decline over 1 year

-11.96%

-37.18%

+25.22%

Max Drawdown (3Y)

Largest decline over 3 years

-22.77%

-37.18%

+14.41%

Max Drawdown (5Y)

Largest decline over 5 years

-35.12%

-37.18%

+2.06%

Max Drawdown (10Y)

Largest decline over 10 years

-35.12%

-62.11%

+26.99%

Current Drawdown

Current decline from peak

-3.33%

-32.06%

+28.73%

Average Drawdown

Average peak-to-trough decline

-32.75%

-19.26%

-13.49%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.20%

14.89%

-11.69%

Volatility

QQQ vs. SAAB-B.ST - Volatility Comparison

The current volatility for Invesco QQQ ETF (QQQ) is 7.56%, while Saab AB (publ) (SAAB-B.ST) has a volatility of 13.74%. This indicates that QQQ experiences smaller price fluctuations and is considered to be less risky than SAAB-B.ST based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

QQQSAAB-B.STDifference

Volatility (1M)

Calculated over the trailing 1-month period

7.56%

13.74%

-6.18%

Volatility (6M)

Calculated over the trailing 6-month period

13.81%

32.13%

-18.32%

Volatility (1Y)

Calculated over the trailing 1-year period

17.19%

46.98%

-29.79%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

22.55%

41.88%

-19.33%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

22.38%

38.28%

-15.90%

Dividends

QQQ vs. SAAB-B.ST - Dividend Comparison

QQQ's dividend yield for the trailing twelve months is around 0.39%, less than SAAB-B.ST's 0.42% yield.

PositionTTM20252024202320222021202020192018201720162015
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%
SAAB-B.ST
Saab AB (publ)		0.42%0.37%1.71%3.49%4.77%8.16%0.00%5.74%6.10%5.27%5.88%7.29%

Frequently Asked Questions

QQQ and SAAB-B.ST 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.

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