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QTWO vs. ^GSPC
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between QTWO and ^GSPC is 0.50, 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.


-0.50.00.51.00.5

Performance

QTWO vs. ^GSPC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Q2 Holdings, Inc. (QTWO) and S&P 500 (^GSPC). The values are adjusted to include any dividend payments, if applicable.

0.00%20.00%40.00%60.00%80.00%100.00%JulyAugustSeptemberOctoberNovemberDecember
80.46%
7.20%
QTWO
^GSPC

Key characteristics

Sharpe Ratio

QTWO:

3.49

^GSPC:

1.83

Sortino Ratio

QTWO:

4.40

^GSPC:

2.46

Omega Ratio

QTWO:

1.54

^GSPC:

1.34

Calmar Ratio

QTWO:

1.92

^GSPC:

2.72

Martin Ratio

QTWO:

35.98

^GSPC:

11.89

Ulcer Index

QTWO:

3.87%

^GSPC:

1.94%

Daily Std Dev

QTWO:

39.83%

^GSPC:

12.57%

Max Drawdown

QTWO:

-85.77%

^GSPC:

-56.78%

Current Drawdown

QTWO:

-30.24%

^GSPC:

-3.66%

Returns By Period

In the year-to-date period, QTWO achieves a 135.75% return, which is significantly higher than ^GSPC's 23.00% return. Over the past 10 years, QTWO has outperformed ^GSPC with an annualized return of 17.93%, while ^GSPC has yielded a comparatively lower 10.96% annualized return.


QTWO

YTD

135.75%

1M

6.18%

6M

76.84%

1Y

132.22%

5Y*

4.54%

10Y*

17.93%

^GSPC

YTD

23.00%

1M

-0.84%

6M

7.20%

1Y

24.88%

5Y*

12.77%

10Y*

10.96%

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Risk-Adjusted Performance

QTWO vs. ^GSPC - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Q2 Holdings, Inc. (QTWO) and S&P 500 (^GSPC). 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.


Sharpe ratio
The chart of Sharpe ratio for QTWO, currently valued at 3.33, compared to the broader market-4.00-2.000.002.003.331.83
The chart of Sortino ratio for QTWO, currently valued at 4.26, compared to the broader market-4.00-2.000.002.004.004.262.46
The chart of Omega ratio for QTWO, currently valued at 1.53, compared to the broader market0.501.001.502.001.531.34
The chart of Calmar ratio for QTWO, currently valued at 1.82, compared to the broader market0.002.004.006.001.822.72
The chart of Martin ratio for QTWO, currently valued at 34.02, compared to the broader market0.0010.0020.0034.0211.89
QTWO
^GSPC

The current QTWO Sharpe Ratio is 3.49, which is higher than the ^GSPC Sharpe Ratio of 1.83. The chart below compares the historical Sharpe Ratios of QTWO and ^GSPC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.002.003.004.005.00JulyAugustSeptemberOctoberNovemberDecember
3.33
1.83
QTWO
^GSPC

Drawdowns

QTWO vs. ^GSPC - Drawdown Comparison

The maximum QTWO drawdown since its inception was -85.77%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for QTWO and ^GSPC. For additional features, visit the drawdowns tool.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-30.24%
-3.66%
QTWO
^GSPC

Volatility

QTWO vs. ^GSPC - Volatility Comparison

Q2 Holdings, Inc. (QTWO) has a higher volatility of 8.23% compared to S&P 500 (^GSPC) at 3.62%. This indicates that QTWO's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%5.00%10.00%15.00%JulyAugustSeptemberOctoberNovemberDecember
8.23%
3.62%
QTWO
^GSPC
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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