SDRL vs. QQQ
Compare and contrast key facts about Seadrill Limited (SDRL) 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: SDRL or QQQ.
Correlation
The correlation between SDRL and QQQ is 0.18, 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
SDRL vs. QQQ - Performance Comparison
Key characteristics
SDRL:
-0.43
QQQ:
1.43
SDRL:
-0.43
QQQ:
1.95
SDRL:
0.95
QQQ:
1.26
SDRL:
-0.41
QQQ:
1.92
SDRL:
-0.77
QQQ:
6.71
SDRL:
19.50%
QQQ:
3.88%
SDRL:
34.89%
QQQ:
18.19%
SDRL:
-36.43%
QQQ:
-82.98%
SDRL:
-31.79%
QQQ:
-4.51%
Returns By Period
In the year-to-date period, SDRL achieves a -3.03% return, which is significantly lower than QQQ's 0.36% return.
SDRL
-3.03%
1.18%
-29.54%
-15.30%
N/A
N/A
QQQ
0.36%
-4.09%
7.33%
26.75%
18.92%
18.64%
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Risk-Adjusted Performance
SDRL vs. QQQ — Risk-Adjusted Performance Rank
SDRL
QQQ
SDRL vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Seadrill Limited (SDRL) 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
SDRL vs. QQQ - Dividend Comparison
SDRL has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.55%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SDRL Seadrill Limited | 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 | 0.55% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
SDRL vs. QQQ - Drawdown Comparison
The maximum SDRL drawdown since its inception was -36.43%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for SDRL and QQQ. For additional features, visit the drawdowns tool.
Volatility
SDRL vs. QQQ - Volatility Comparison
Seadrill Limited (SDRL) has a higher volatility of 9.00% compared to Invesco QQQ (QQQ) at 6.38%. This indicates that SDRL'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.