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SBLK vs. QQQ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between SBLK and QQQ is 0.28, 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.


-0.50.00.51.00.3

Performance

SBLK vs. QQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Star Bulk Carriers Corp. (SBLK) and Invesco QQQ (QQQ). The values are adjusted to include any dividend payments, if applicable.

-30.00%-20.00%-10.00%0.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
-34.16%
8.34%
SBLK
QQQ

Key characteristics

Sharpe Ratio

SBLK:

-0.70

QQQ:

1.64

Sortino Ratio

SBLK:

-0.88

QQQ:

2.19

Omega Ratio

SBLK:

0.90

QQQ:

1.30

Calmar Ratio

SBLK:

-0.21

QQQ:

2.16

Martin Ratio

SBLK:

-1.32

QQQ:

7.79

Ulcer Index

SBLK:

15.43%

QQQ:

3.76%

Daily Std Dev

SBLK:

28.96%

QQQ:

17.85%

Max Drawdown

SBLK:

-99.74%

QQQ:

-82.98%

Current Drawdown

SBLK:

-96.29%

QQQ:

-3.63%

Returns By Period

In the year-to-date period, SBLK achieves a -21.83% return, which is significantly lower than QQQ's 27.20% return. Over the past 10 years, SBLK has underperformed QQQ with an annualized return of -1.99%, while QQQ has yielded a comparatively higher 18.36% annualized return.


SBLK

YTD

-21.83%

1M

-19.10%

6M

-34.19%

1Y

-21.32%

5Y*

17.59%

10Y*

-1.99%

QQQ

YTD

27.20%

1M

3.08%

6M

8.34%

1Y

27.81%

5Y*

20.44%

10Y*

18.36%

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Risk-Adjusted Performance

SBLK vs. QQQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Star Bulk Carriers Corp. (SBLK) 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.


Sharpe ratio
The chart of Sharpe ratio for SBLK, currently valued at -0.70, compared to the broader market-4.00-2.000.002.00-0.701.64
The chart of Sortino ratio for SBLK, currently valued at -0.88, compared to the broader market-4.00-2.000.002.004.00-0.882.19
The chart of Omega ratio for SBLK, currently valued at 0.90, compared to the broader market0.501.001.502.000.901.30
The chart of Calmar ratio for SBLK, currently valued at -0.21, compared to the broader market0.002.004.006.00-0.212.16
The chart of Martin ratio for SBLK, currently valued at -1.32, compared to the broader market-5.000.005.0010.0015.0020.0025.00-1.327.79
SBLK
QQQ

The current SBLK Sharpe Ratio is -0.70, which is lower than the QQQ Sharpe Ratio of 1.64. The chart below compares the historical Sharpe Ratios of SBLK and QQQ, 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 Ratio-1.000.001.002.003.00JulyAugustSeptemberOctoberNovemberDecember
-0.70
1.64
SBLK
QQQ

Dividends

SBLK vs. QQQ - Dividend Comparison

SBLK's dividend yield for the trailing twelve months is around 16.89%, more than QQQ's 0.43% yield.


TTM20232022202120202019201820172016201520142013
SBLK
Star Bulk Carriers Corp.
16.89%7.38%33.80%9.93%0.57%0.42%0.00%0.00%0.00%0.00%0.00%0.00%
QQQ
Invesco QQQ
0.43%0.62%0.80%0.43%0.55%0.74%0.91%0.84%1.06%0.99%1.41%1.02%

Drawdowns

SBLK vs. QQQ - Drawdown Comparison

The maximum SBLK drawdown since its inception was -99.74%, which is greater than QQQ's maximum drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for SBLK and QQQ. For additional features, visit the drawdowns tool.


-100.00%-80.00%-60.00%-40.00%-20.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-96.29%
-3.63%
SBLK
QQQ

Volatility

SBLK vs. QQQ - Volatility Comparison

Star Bulk Carriers Corp. (SBLK) has a higher volatility of 7.08% compared to Invesco QQQ (QQQ) at 5.29%. This indicates that SBLK'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.


4.00%6.00%8.00%10.00%12.00%JulyAugustSeptemberOctoberNovemberDecember
7.08%
5.29%
SBLK
QQQ
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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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