RIVN vs. QQQ
Compare and contrast key facts about Rivian Automotive, Inc. (RIVN) 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: RIVN or QQQ.
Performance
RIVN vs. QQQ - Performance Comparison
Returns By Period
In the year-to-date period, RIVN achieves a -57.12% return, which is significantly lower than QQQ's 21.78% return.
RIVN
-57.12%
-1.76%
-4.19%
-38.62%
N/A
N/A
QQQ
21.78%
1.15%
10.25%
29.54%
20.42%
17.95%
Key characteristics
| RIVN | QQQ | |
|---|---|---|
| Sharpe Ratio | -0.56 | 1.70 |
| Sortino Ratio | -0.47 | 2.29 |
| Omega Ratio | 0.94 | 1.31 |
| Calmar Ratio | -0.44 | 2.19 |
| Martin Ratio | -0.90 | 7.96 |
| Ulcer Index | 46.32% | 3.72% |
| Daily Std Dev | 74.87% | 17.39% |
| Max Drawdown | -95.12% | -82.98% |
| Current Drawdown | -94.15% | -3.42% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Correlation
The correlation between RIVN and QQQ is 0.53, 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.
Risk-Adjusted Performance
RIVN vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Rivian Automotive, Inc. (RIVN) 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
RIVN vs. QQQ - Dividend Comparison
RIVN has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.61%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RIVN Rivian Automotive, 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 | 0.61% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.02% |
Drawdowns
RIVN vs. QQQ - Drawdown Comparison
The maximum RIVN drawdown since its inception was -95.12%, which is greater than QQQ's maximum drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for RIVN and QQQ. For additional features, visit the drawdowns tool.
Volatility
RIVN vs. QQQ - Volatility Comparison
Rivian Automotive, Inc. (RIVN) has a higher volatility of 26.00% compared to Invesco QQQ (QQQ) at 5.62%. This indicates that RIVN'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.