SHAK vs. QQQ
Compare and contrast key facts about Shake Shack Inc. (SHAK) 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: SHAK or QQQ.
Correlation
The correlation between SHAK and QQQ is 0.40, 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.
Performance
SHAK vs. QQQ - Performance Comparison
Key characteristics
SHAK:
-0.27
QQQ:
0.15
SHAK:
-0.07
QQQ:
0.38
SHAK:
0.99
QQQ:
1.05
SHAK:
-0.30
QQQ:
0.16
SHAK:
-0.80
QQQ:
0.58
SHAK:
17.23%
QQQ:
6.25%
SHAK:
50.60%
QQQ:
24.88%
SHAK:
-70.89%
QQQ:
-82.98%
SHAK:
-40.03%
QQQ:
-17.56%
Returns By Period
In the year-to-date period, SHAK achieves a -35.89% return, which is significantly lower than QQQ's -13.00% return. Over the past 10 years, SHAK has underperformed QQQ with an annualized return of 3.33%, while QQQ has yielded a comparatively higher 16.13% annualized return.
SHAK
-35.89%
-7.27%
-24.51%
-12.61%
13.89%
3.33%
QQQ
-13.00%
-7.51%
-9.91%
5.53%
16.35%
16.13%
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Risk-Adjusted Performance
SHAK vs. QQQ — Risk-Adjusted Performance Rank
SHAK
QQQ
SHAK vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Shake Shack Inc. (SHAK) 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
SHAK vs. QQQ - Dividend Comparison
SHAK has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.67%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SHAK Shake Shack 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 | 0.67% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
SHAK vs. QQQ - Drawdown Comparison
The maximum SHAK drawdown since its inception was -70.89%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for SHAK and QQQ. For additional features, visit the drawdowns tool.
Volatility
SHAK vs. QQQ - Volatility Comparison
Shake Shack Inc. (SHAK) has a higher volatility of 24.96% compared to Invesco QQQ (QQQ) at 16.19%. This indicates that SHAK'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.