SBLK vs. QQQ
Compare and contrast key facts about Star Bulk Carriers Corp. (SBLK) 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: SBLK or QQQ.
Key characteristics
| SBLK | QQQ | |
|---|---|---|
| YTD Return | 24.79% | 10.46% |
| 1Y Return | 47.24% | 34.84% |
| 3Y Return (Ann) | 22.49% | 12.65% |
| 5Y Return (Ann) | 38.54% | 20.64% |
| 10Y Return (Ann) | -2.80% | 18.79% |
| Sharpe Ratio | 1.67 | 2.30 |
| Daily Std Dev | 28.47% | 16.24% |
| Max Drawdown | -99.74% | -82.98% |
| Current Drawdown | -94.07% | -0.25% |
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.
Performance
SBLK vs. QQQ - Performance Comparison
In the year-to-date period, SBLK achieves a 24.79% return, which is significantly higher than QQQ's 10.46% return. Over the past 10 years, SBLK has underperformed QQQ with an annualized return of -2.80%, while QQQ has yielded a comparatively higher 18.79% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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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.
Dividends
SBLK vs. QQQ - Dividend Comparison
SBLK's dividend yield for the trailing twelve months is around 5.45%, more than QQQ's 0.58% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SBLK Star Bulk Carriers Corp. | 5.45% | 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 | 0.58% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.01% |
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.
Volatility
SBLK vs. QQQ - Volatility Comparison
Star Bulk Carriers Corp. (SBLK) has a higher volatility of 7.97% compared to Invesco QQQ (QQQ) at 4.84%. 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.