RES vs. QQQ
Compare and contrast key facts about RPC, Inc. (RES) 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: RES or QQQ.
Correlation
The correlation between RES and QQQ is 0.30, 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
RES vs. QQQ - Performance Comparison
Key characteristics
RES:
-0.34
QQQ:
1.40
RES:
-0.25
QQQ:
1.90
RES:
0.97
QQQ:
1.25
RES:
-0.19
QQQ:
1.88
RES:
-0.78
QQQ:
6.51
RES:
18.71%
QQQ:
3.92%
RES:
42.40%
QQQ:
18.23%
RES:
-92.34%
QQQ:
-82.98%
RES:
-74.79%
QQQ:
-0.42%
Returns By Period
In the year-to-date period, RES achieves a 3.41% return, which is significantly lower than QQQ's 5.09% return. Over the past 10 years, RES has underperformed QQQ with an annualized return of -6.30%, while QQQ has yielded a comparatively higher 18.32% annualized return.
RES
3.41%
-11.88%
-0.93%
-14.51%
9.05%
-6.30%
QQQ
5.09%
2.37%
13.48%
26.98%
19.29%
18.32%
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Risk-Adjusted Performance
RES vs. QQQ — Risk-Adjusted Performance Rank
RES
QQQ
RES vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for RPC, Inc. (RES) 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
RES vs. QQQ - Dividend Comparison
RES's dividend yield for the trailing twelve months is around 2.62%, more than QQQ's 0.53% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RES RPC, Inc. | 2.62% | 2.69% | 2.20% | 0.45% | 0.00% | 0.00% | 2.86% | 4.76% | 0.78% | 0.25% | 1.30% | 3.22% |
QQQ Invesco QQQ | 0.53% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
RES vs. QQQ - Drawdown Comparison
The maximum RES drawdown since its inception was -92.34%, which is greater than QQQ's maximum drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for RES and QQQ. For additional features, visit the drawdowns tool.
Volatility
RES vs. QQQ - Volatility Comparison
RPC, Inc. (RES) has a higher volatility of 11.33% compared to Invesco QQQ (QQQ) at 4.70%. This indicates that RES'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.