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

Correlation

The correlation between SDGR and QQQ is 0.44, 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.


-0.50.00.51.00.4

Performance

SDGR vs. QQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Schrodinger, Inc. (SDGR) and Invesco QQQ (QQQ). The values are adjusted to include any dividend payments, if applicable.

-10.00%0.00%10.00%20.00%30.00%JulyAugustSeptemberOctoberNovemberDecember
5.67%
10.89%
SDGR
QQQ

Key characteristics

Sharpe Ratio

SDGR:

-0.73

QQQ:

1.71

Sortino Ratio

SDGR:

-0.91

QQQ:

2.27

Omega Ratio

SDGR:

0.90

QQQ:

1.31

Calmar Ratio

SDGR:

-0.51

QQQ:

2.26

Martin Ratio

SDGR:

-1.08

QQQ:

8.12

Ulcer Index

SDGR:

39.82%

QQQ:

3.77%

Daily Std Dev

SDGR:

59.09%

QQQ:

17.88%

Max Drawdown

SDGR:

-85.64%

QQQ:

-82.98%

Current Drawdown

SDGR:

-82.53%

QQQ:

-1.37%

Returns By Period

In the year-to-date period, SDGR achieves a -44.80% return, which is significantly lower than QQQ's 30.18% return.


SDGR

YTD

-44.80%

1M

-5.18%

6M

1.80%

1Y

-45.20%

5Y*

N/A

10Y*

N/A

QQQ

YTD

30.18%

1M

4.95%

6M

10.88%

1Y

30.61%

5Y*

20.73%

10Y*

18.54%

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Risk-Adjusted Performance

SDGR vs. QQQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Schrodinger, Inc. (SDGR) 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 SDGR, currently valued at -0.77, compared to the broader market-4.00-2.000.002.00-0.771.71
The chart of Sortino ratio for SDGR, currently valued at -0.99, compared to the broader market-4.00-2.000.002.004.00-0.992.27
The chart of Omega ratio for SDGR, currently valued at 0.89, compared to the broader market0.501.001.502.000.891.31
The chart of Calmar ratio for SDGR, currently valued at -0.53, compared to the broader market0.002.004.006.00-0.532.26
The chart of Martin ratio for SDGR, currently valued at -1.13, compared to the broader market0.0010.0020.00-1.138.12
SDGR
QQQ

The current SDGR Sharpe Ratio is -0.73, which is lower than the QQQ Sharpe Ratio of 1.71. The chart below compares the historical Sharpe Ratios of SDGR 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
-0.77
1.71
SDGR
QQQ

Dividends

SDGR vs. QQQ - Dividend Comparison

SDGR has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.58%.


TTM20232022202120202019201820172016201520142013
SDGR
Schrodinger, 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
0.58%0.62%0.80%0.43%0.55%0.74%0.91%0.84%1.06%0.99%1.41%1.02%

Drawdowns

SDGR vs. QQQ - Drawdown Comparison

The maximum SDGR drawdown since its inception was -85.64%, roughly equal to the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for SDGR and QQQ. For additional features, visit the drawdowns tool.


-80.00%-60.00%-40.00%-20.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-82.53%
-1.37%
SDGR
QQQ

Volatility

SDGR vs. QQQ - Volatility Comparison

Schrodinger, Inc. (SDGR) has a higher volatility of 16.94% compared to Invesco QQQ (QQQ) at 5.48%. This indicates that SDGR'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.


5.00%10.00%15.00%20.00%25.00%JulyAugustSeptemberOctoberNovemberDecember
16.94%
5.48%
SDGR
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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