SIRI vs. QQQ
Compare and contrast key facts about Sirius XM Holdings Inc. (SIRI) 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: SIRI or QQQ.
Key characteristics
| SIRI | QQQ | |
|---|---|---|
| YTD Return | -41.93% | 4.29% |
| 1Y Return | -12.44% | 38.51% |
| 3Y Return (Ann) | -17.63% | 8.61% |
| 5Y Return (Ann) | -9.58% | 18.32% |
| 10Y Return (Ann) | 1.34% | 18.35% |
| Sharpe Ratio | -0.22 | 2.19 |
| Daily Std Dev | 65.49% | 16.38% |
| Max Drawdown | -99.91% | -82.98% |
| Current Drawdown | -94.55% | -4.45% |
Correlation
The correlation between SIRI and QQQ is 0.39, 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
SIRI vs. QQQ - Performance Comparison
In the year-to-date period, SIRI achieves a -41.93% return, which is significantly lower than QQQ's 4.29% return. Over the past 10 years, SIRI has underperformed QQQ with an annualized return of 1.34%, while QQQ has yielded a comparatively higher 18.35% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
SIRI vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Sirius XM Holdings Inc. (SIRI) 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
SIRI vs. QQQ - Dividend Comparison
SIRI's dividend yield for the trailing twelve months is around 3.22%, more than QQQ's 0.62% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SIRI Sirius XM Holdings Inc. | 3.22% | 1.81% | 5.45% | 1.04% | 0.86% | 0.67% | 0.76% | 0.74% | 0.22% | 0.00% | 0.00% | 0.00% |
QQQ Invesco QQQ | 0.62% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.01% |
Drawdowns
SIRI vs. QQQ - Drawdown Comparison
The maximum SIRI drawdown since its inception was -99.91%, which is greater than QQQ's maximum drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for SIRI and QQQ. For additional features, visit the drawdowns tool.
Volatility
SIRI vs. QQQ - Volatility Comparison
Sirius XM Holdings Inc. (SIRI) has a higher volatility of 8.02% compared to Invesco QQQ (QQQ) at 4.84%. This indicates that SIRI'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.