SMMT vs. QQQ
Compare and contrast key facts about Summit Therapeutics Inc. (SMMT) 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: SMMT or QQQ.
Correlation
The correlation between SMMT and QQQ is 0.15, 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
SMMT vs. QQQ - Performance Comparison
Key characteristics
SMMT:
1.38
QQQ:
1.37
SMMT:
4.95
QQQ:
1.86
SMMT:
1.64
QQQ:
1.25
SMMT:
4.82
QQQ:
1.84
SMMT:
14.68
QQQ:
6.38
SMMT:
27.90%
QQQ:
3.92%
SMMT:
298.91%
QQQ:
18.28%
SMMT:
-95.75%
QQQ:
-82.98%
SMMT:
-37.43%
QQQ:
-3.57%
Returns By Period
In the year-to-date period, SMMT achieves a 11.96% return, which is significantly higher than QQQ's 1.35% return.
SMMT
11.96%
9.54%
99.50%
414.95%
64.05%
N/A
QQQ
1.35%
-0.09%
19.36%
21.49%
18.66%
18.51%
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Risk-Adjusted Performance
SMMT vs. QQQ — Risk-Adjusted Performance Rank
SMMT
QQQ
SMMT vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Summit Therapeutics Inc. (SMMT) 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
SMMT vs. QQQ - Dividend Comparison
SMMT has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.55%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SMMT Summit Therapeutics 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 | 0.55% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
SMMT vs. QQQ - Drawdown Comparison
The maximum SMMT drawdown since its inception was -95.75%, which is greater than QQQ's maximum drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for SMMT and QQQ. For additional features, visit the drawdowns tool.
Volatility
SMMT vs. QQQ - Volatility Comparison
Summit Therapeutics Inc. (SMMT) has a higher volatility of 27.17% compared to Invesco QQQ (QQQ) at 5.82%. This indicates that SMMT'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.