SIGA vs. QQQ
Compare and contrast key facts about SIGA Technologies, Inc. (SIGA) 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: SIGA or QQQ.
Key characteristics
SIGA | QQQ | |
---|---|---|
YTD Return | 53.17% | 15.90% |
1Y Return | 87.69% | 28.50% |
3Y Return (Ann) | 13.51% | 8.93% |
5Y Return (Ann) | 11.67% | 20.58% |
10Y Return (Ann) | 22.67% | 17.81% |
Sharpe Ratio | 1.19 | 1.48 |
Daily Std Dev | 74.90% | 17.72% |
Max Drawdown | -98.01% | -82.98% |
Current Drawdown | -64.50% | -5.91% |
Correlation
The correlation between SIGA and QQQ is 0.21, 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
SIGA vs. QQQ - Performance Comparison
In the year-to-date period, SIGA achieves a 53.17% return, which is significantly higher than QQQ's 15.90% return. Over the past 10 years, SIGA has outperformed QQQ with an annualized return of 22.67%, while QQQ has yielded a comparatively lower 17.81% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
SIGA vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SIGA Technologies, Inc. (SIGA) 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
SIGA vs. QQQ - Dividend Comparison
SIGA's dividend yield for the trailing twelve months is around 7.51%, more than QQQ's 0.61% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
SIGA Technologies, Inc. | 7.51% | 8.04% | 6.11% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Invesco QQQ | 0.61% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.01% |
Drawdowns
SIGA vs. QQQ - Drawdown Comparison
The maximum SIGA drawdown since its inception was -98.01%, which is greater than QQQ's maximum drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for SIGA and QQQ. For additional features, visit the drawdowns tool.
Volatility
SIGA vs. QQQ - Volatility Comparison
SIGA Technologies, Inc. (SIGA) has a higher volatility of 29.02% compared to Invesco QQQ (QQQ) at 6.05%. This indicates that SIGA'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.