QQQX vs. SPG
Compare and contrast key facts about Nuveen Nasdaq 100 Dynamic Overwrite Fund (QQQX) and Simon Property Group, Inc. (SPG).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: QQQX or SPG.
Key characteristics
| QQQX | SPG | |
|---|---|---|
| YTD Return | 5.16% | 3.95% |
| 1Y Return | 4.00% | 47.59% |
| 3Y Return (Ann) | 2.34% | 12.32% |
| 5Y Return (Ann) | 9.02% | 2.37% |
| 10Y Return (Ann) | 9.83% | 3.59% |
| Sharpe Ratio | 0.18 | 2.12 |
| Daily Std Dev | 15.40% | 22.33% |
| Max Drawdown | -57.25% | -77.00% |
| Current Drawdown | -7.62% | -6.47% |
Fundamentals
| QQQX | SPG | |
|---|---|---|
| Market Cap | $717.78M | $55.76B |
| EPS | $5.33 | $7.86 |
| PE Ratio | 3.85 | 18.93 |
| PEG Ratio | 0.00 | 7.60 |
| Revenue (TTM) | $0.00 | $5.75B |
| Gross Profit (TTM) | $0.00 | $4.29B |
Correlation
The correlation between QQQX and SPG is 0.42, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
QQQX vs. SPG - Performance Comparison
In the year-to-date period, QQQX achieves a 5.16% return, which is significantly higher than SPG's 3.95% return. Over the past 10 years, QQQX has outperformed SPG with an annualized return of 9.83%, while SPG has yielded a comparatively lower 3.59% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
QQQX vs. SPG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Nuveen Nasdaq 100 Dynamic Overwrite Fund (QQQX) and Simon Property Group, Inc. (SPG). 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.
Dividends
QQQX vs. SPG - Dividend Comparison
QQQX's dividend yield for the trailing twelve months is around 7.02%, more than SPG's 5.19% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
QQQX Nuveen Nasdaq 100 Dynamic Overwrite Fund | 7.02% | 7.26% | 9.66% | 5.85% | 6.00% | 6.49% | 8.40% | 5.95% | 7.54% | 7.23% | 7.07% | 6.79% |
SPG Simon Property Group, Inc. | 5.19% | 5.22% | 5.87% | 3.66% | 7.04% | 5.57% | 4.70% | 4.16% | 3.66% | 3.11% | 2.74% | 3.06% |
Drawdowns
QQQX vs. SPG - Drawdown Comparison
The maximum QQQX drawdown since its inception was -57.25%, smaller than the maximum SPG drawdown of -77.00%. Use the drawdown chart below to compare losses from any high point for QQQX and SPG. For additional features, visit the drawdowns tool.
Volatility
QQQX vs. SPG - Volatility Comparison
The current volatility for Nuveen Nasdaq 100 Dynamic Overwrite Fund (QQQX) is 3.32%, while Simon Property Group, Inc. (SPG) has a volatility of 5.83%. This indicates that QQQX experiences smaller price fluctuations and is considered to be less risky than SPG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
QQQX vs. SPG - Financials Comparison
This section allows you to compare key financial metrics between Nuveen Nasdaq 100 Dynamic Overwrite Fund and Simon Property Group, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities