SDGR vs. QQQ
SDGR (Schrodinger, Inc.) is a stock, while QQQ (Invesco QQQ ETF) is Nasdaq-100 fund tracking the NASDAQ-100 Index. Over the past 5 years, SDGR returned -24.59%/yr vs 15.10%/yr for QQQ. At a 0.44 correlation, their price movements are largely independent.
Performance
SDGR vs. QQQ - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SDGR achieves a -8.22% return, which is significantly lower than QQQ's 16.13% return.
SDGR
- 1D
- -0.49%
- 1M
- 13.56%
- 6M
- -11.96%
- YTD
- -8.22%
- 1Y
- -21.89%
- 3Y*
- -32.50%
- 5Y*
- -24.59%
- 10Y*
- —
QQQ
- 1D
- -1.90%
- 1M
- -1.22%
- 6M
- 13.75%
- YTD
- 16.13%
- 1Y
- 29.05%
- 3Y*
- 24.08%
- 5Y*
- 15.10%
- 10Y*
- 21.19%
SDGR vs. QQQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
SDGR Schrodinger, Inc. | -8.22% | -7.31% | -46.12% | 91.55% | -46.34% | -56.01% | 204.54% |
QQQ Invesco QQQ ETF | 16.13% | 20.77% | 25.58% | 54.86% | -32.58% | 27.42% | 38.46% |
Correlation
The correlation between SDGR and QQQ is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.38 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.40 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.48 |
Correlation (All Time) Calculated using the full available price history since Feb 6, 2020 | 0.44 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SDGR vs. QQQ — Risk / Return Rank
SDGR
QQQ
SDGR vs. QQQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Schrodinger, Inc. (SDGR) and Invesco QQQ ETF (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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| SDGR | QQQ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.99 | ||
| Sortino ratioReturn per unit of downside risk | -2.43 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 1.28 | -0.31 |
| Calmar ratioReturn relative to maximum drawdown | -0.42 | 2.44 | -2.86 |
| Martin ratioReturn relative to average drawdown | -0.69 | 8.74 | -9.42 |
Loading charts...
Drawdowns
SDGR vs. QQQ - Drawdown Comparison
The maximum SDGR drawdown since its inception was -90.21%, which is greater than QQQ's maximum drawdown of -82.97%. Use the drawdown chart below to compare losses from any high point for SDGR and QQQ.
Loading charts...
Drawdown Indicators
| SDGR | QQQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.21% | -82.97% | -7.24% |
Max Drawdown (1Y)Largest decline over 1 year | -51.93% | -11.96% | -39.97% |
Max Drawdown (3Y)Largest decline over 3 years | -80.01% | -22.77% | -57.24% |
Max Drawdown (5Y)Largest decline over 5 years | -84.47% | -35.12% | -49.35% |
Max Drawdown (10Y)Largest decline over 10 years | — | -35.12% | — |
Current DrawdownCurrent decline from peak | -85.49% | -4.51% | -80.98% |
Average DrawdownAverage peak-to-trough decline | -64.34% | -32.67% | -31.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 31.96% | 3.33% | +28.63% |
Volatility
SDGR vs. QQQ - Volatility Comparison
Schrodinger, Inc. (SDGR) has a higher volatility of 14.09% compared to Invesco QQQ ETF (QQQ) at 8.69%. 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.
Loading charts...
Volatility by Period
| SDGR | QQQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.09% | 8.69% | +5.40% |
Volatility (6M)Calculated over the trailing 6-month period | 39.07% | 15.40% | +23.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 52.50% | 18.61% | +33.89% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 63.49% | 22.80% | +40.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 69.76% | 22.44% | +47.32% |
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 0.43%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
QQQ Invesco QQQ ETF | 0.43% | 0.45% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% |
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% |
Frequently Asked Questions
SDGR and QQQ have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SDGR has higher volatility (14.09%) compared to QQQ (8.69%). In terms of maximum drawdown, SDGR dropped -90.21% vs QQQ's -82.97%.
QQQ currently has the higher Sharpe Ratio (1.57 vs -0.42), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for SDGR and QQQ
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer