SAPGF vs. QQQ
Compare and contrast key facts about SAP SE (SAPGF) 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: SAPGF or QQQ.
Correlation
The correlation between SAPGF and QQQ is 0.27, 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
SAPGF vs. QQQ - Performance Comparison
Key characteristics
SAPGF:
2.32
QQQ:
1.38
SAPGF:
3.05
QQQ:
1.88
SAPGF:
1.37
QQQ:
1.25
SAPGF:
5.65
QQQ:
1.86
SAPGF:
19.32
QQQ:
6.43
SAPGF:
3.35%
QQQ:
3.92%
SAPGF:
27.97%
QQQ:
18.27%
SAPGF:
-73.40%
QQQ:
-82.98%
SAPGF:
-0.34%
QQQ:
0.00%
Returns By Period
In the year-to-date period, SAPGF achieves a 20.75% return, which is significantly higher than QQQ's 5.50% return. Both investments have delivered pretty close results over the past 10 years, with SAPGF having a 18.58% annualized return and QQQ not far behind at 18.39%.
SAPGF
20.75%
11.35%
36.19%
68.75%
18.59%
18.58%
QQQ
5.50%
3.38%
12.65%
26.01%
18.94%
18.39%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
SAPGF vs. QQQ — Risk-Adjusted Performance Rank
SAPGF
QQQ
SAPGF vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SAP SE (SAPGF) 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
SAPGF vs. QQQ - Dividend Comparison
SAPGF's dividend yield for the trailing twelve months is around 0.82%, more than QQQ's 0.53% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SAPGF SAP SE | 0.82% | 0.99% | 1.46% | 2.47% | 1.60% | 1.32% | 1.14% | 1.69% | 1.22% | 1.49% | 1.54% | 1.94% |
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
SAPGF vs. QQQ - Drawdown Comparison
The maximum SAPGF drawdown since its inception was -73.40%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for SAPGF and QQQ. For additional features, visit the drawdowns tool.
Volatility
SAPGF vs. QQQ - Volatility Comparison
SAP SE (SAPGF) has a higher volatility of 5.76% compared to Invesco QQQ (QQQ) at 4.92%. This indicates that SAPGF'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.