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

Correlation

The correlation between SDRL 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

SDRL vs. QQQ - Performance Comparison

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

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Key characteristics

Sharpe Ratio

SDRL:

-1.13

QQQ:

0.45

Sortino Ratio

SDRL:

-1.76

QQQ:

0.81

Omega Ratio

SDRL:

0.79

QQQ:

1.11

Calmar Ratio

SDRL:

-0.80

QQQ:

0.51

Martin Ratio

SDRL:

-1.51

QQQ:

1.65

Ulcer Index

SDRL:

35.23%

QQQ:

6.96%

Daily Std Dev

SDRL:

48.03%

QQQ:

25.14%

Max Drawdown

SDRL:

-66.14%

QQQ:

-82.98%

Current Drawdown

SDRL:

-56.76%

QQQ:

-9.42%

Returns By Period

In the year-to-date period, SDRL achieves a -38.53% return, which is significantly lower than QQQ's -4.41% return.


SDRL

YTD

-38.53%

1M

13.09%

6M

-40.38%

1Y

-53.84%

5Y*

N/A

10Y*

N/A

QQQ

YTD

-4.41%

1M

4.71%

6M

-4.80%

1Y

11.32%

5Y*

17.54%

10Y*

17.26%

*Annualized

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Risk-Adjusted Performance

SDRL vs. QQQ — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SDRL
The Risk-Adjusted Performance Rank of SDRL is 55
Overall Rank
The Sharpe Ratio Rank of SDRL is 22
Sharpe Ratio Rank
The Sortino Ratio Rank of SDRL is 44
Sortino Ratio Rank
The Omega Ratio Rank of SDRL is 55
Omega Ratio Rank
The Calmar Ratio Rank of SDRL is 55
Calmar Ratio Rank
The Martin Ratio Rank of SDRL is 77
Martin Ratio Rank

QQQ
The Risk-Adjusted Performance Rank of QQQ is 5656
Overall Rank
The Sharpe Ratio Rank of QQQ is 5252
Sharpe Ratio Rank
The Sortino Ratio Rank of QQQ is 5757
Sortino Ratio Rank
The Omega Ratio Rank of QQQ is 5656
Omega Ratio Rank
The Calmar Ratio Rank of QQQ is 6262
Calmar Ratio Rank
The Martin Ratio Rank of QQQ is 5555
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


The current SDRL Sharpe Ratio is -1.13, which is lower than the QQQ Sharpe Ratio of 0.45. The chart below compares the historical Sharpe Ratios of SDRL 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.


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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 0.61%.


TTM20242023202220212020201920182017201620152014
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
0.61%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 -66.14%, 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.


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Volatility

SDRL vs. QQQ - Volatility Comparison


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