RCKT vs. QQQ
Compare and contrast key facts about Rocket Pharmaceuticals, Inc. (RCKT) and Invesco QQQ (QQQ).
QQQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 10, 1999.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RCKT or QQQ.
Correlation
The correlation between RCKT and QQQ is 0.37, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
RCKT vs. QQQ - Performance Comparison
Key characteristics
RCKT:
-1.20
QQQ:
1.58
RCKT:
-2.16
QQQ:
2.13
RCKT:
0.77
QQQ:
1.28
RCKT:
-0.73
QQQ:
2.13
RCKT:
-1.71
QQQ:
7.44
RCKT:
36.30%
QQQ:
3.88%
RCKT:
51.71%
QQQ:
18.24%
RCKT:
-94.90%
QQQ:
-82.98%
RCKT:
-85.40%
QQQ:
-2.90%
Returns By Period
In the year-to-date period, RCKT achieves a -17.98% return, which is significantly lower than QQQ's 2.06% return.
RCKT
-17.98%
-12.18%
-54.82%
-60.59%
-13.09%
N/A
QQQ
2.06%
1.18%
10.12%
27.08%
19.30%
18.75%
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Risk-Adjusted Performance
RCKT vs. QQQ — Risk-Adjusted Performance Rank
RCKT
QQQ
RCKT vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Rocket Pharmaceuticals, Inc. (RCKT) and Invesco QQQ (QQQ). 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
RCKT vs. QQQ - Dividend Comparison
RCKT has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.55%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RCKT Rocket Pharmaceuticals, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQ Invesco QQQ | 0.55% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
RCKT vs. QQQ - Drawdown Comparison
The maximum RCKT drawdown since its inception was -94.90%, which is greater than QQQ's maximum drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for RCKT and QQQ. For additional features, visit the drawdowns tool.
Volatility
RCKT vs. QQQ - Volatility Comparison
Rocket Pharmaceuticals, Inc. (RCKT) has a higher volatility of 15.05% compared to Invesco QQQ (QQQ) at 6.45%. This indicates that RCKT's price experiences larger fluctuations and is considered to be riskier than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.