SIG vs. QQQ
Compare and contrast key facts about Signet Jewelers Limited (SIG) 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: SIG or QQQ.
Correlation
The correlation between SIG and QQQ is 0.33, 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
SIG vs. QQQ - Performance Comparison
Key characteristics
SIG:
-0.82
QQQ:
0.09
SIG:
-1.07
QQQ:
0.31
SIG:
0.85
QQQ:
1.04
SIG:
-0.71
QQQ:
0.10
SIG:
-1.50
QQQ:
0.37
SIG:
29.89%
QQQ:
6.37%
SIG:
55.12%
QQQ:
24.98%
SIG:
-95.53%
QQQ:
-82.98%
SIG:
-58.00%
QQQ:
-19.60%
Returns By Period
In the year-to-date period, SIG achieves a -34.75% return, which is significantly lower than QQQ's -15.15% return. Over the past 10 years, SIG has underperformed QQQ with an annualized return of -7.46%, while QQQ has yielded a comparatively higher 15.58% annualized return.
SIG
-34.75%
-9.73%
-45.31%
-44.31%
49.91%
-7.46%
QQQ
-15.15%
-9.79%
-12.31%
5.09%
16.27%
15.58%
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Risk-Adjusted Performance
SIG vs. QQQ — Risk-Adjusted Performance Rank
SIG
QQQ
SIG vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Signet Jewelers Limited (SIG) 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
SIG vs. QQQ - Dividend Comparison
SIG's dividend yield for the trailing twelve months is around 2.21%, more than QQQ's 0.69% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SIG Signet Jewelers Limited | 2.21% | 1.36% | 0.83% | 1.15% | 0.41% | 1.36% | 6.81% | 4.47% | 2.10% | 1.06% | 0.68% | 0.52% |
QQQ Invesco QQQ | 0.69% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
SIG vs. QQQ - Drawdown Comparison
The maximum SIG drawdown since its inception was -95.53%, which is greater than QQQ's maximum drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for SIG and QQQ. For additional features, visit the drawdowns tool.
Volatility
SIG vs. QQQ - Volatility Comparison
Signet Jewelers Limited (SIG) has a higher volatility of 22.81% compared to Invesco QQQ (QQQ) at 16.33%. This indicates that SIG'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.