SMP vs. QQQ
Compare and contrast key facts about Standard Motor Products, Inc. (SMP) 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: SMP or QQQ.
Correlation
The correlation between SMP and QQQ is 0.34, 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
SMP vs. QQQ - Performance Comparison
Key characteristics
SMP:
-0.52
QQQ:
1.40
SMP:
-0.57
QQQ:
1.90
SMP:
0.93
QQQ:
1.25
SMP:
-0.39
QQQ:
1.88
SMP:
-0.90
QQQ:
6.51
SMP:
20.99%
QQQ:
3.92%
SMP:
36.82%
QQQ:
18.23%
SMP:
-93.44%
QQQ:
-82.98%
SMP:
-35.68%
QQQ:
-0.42%
Returns By Period
In the year-to-date period, SMP achieves a 3.29% return, which is significantly lower than QQQ's 5.09% return. Over the past 10 years, SMP has underperformed QQQ with an annualized return of 0.35%, while QQQ has yielded a comparatively higher 18.32% annualized return.
SMP
3.29%
0.72%
3.88%
-18.03%
-6.60%
0.35%
QQQ
5.09%
2.37%
13.48%
26.98%
19.29%
18.32%
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Risk-Adjusted Performance
SMP vs. QQQ — Risk-Adjusted Performance Rank
SMP
QQQ
SMP vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Standard Motor Products, Inc. (SMP) 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
SMP vs. QQQ - Dividend Comparison
SMP's dividend yield for the trailing twelve months is around 3.72%, more than QQQ's 0.53% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SMP Standard Motor Products, Inc. | 3.72% | 3.74% | 2.91% | 3.10% | 1.91% | 1.24% | 1.73% | 1.73% | 1.69% | 1.28% | 1.58% | 1.36% |
QQQ Invesco QQQ | 0.53% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
SMP vs. QQQ - Drawdown Comparison
The maximum SMP drawdown since its inception was -93.44%, which is greater than QQQ's maximum drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for SMP and QQQ. For additional features, visit the drawdowns tool.
Volatility
SMP vs. QQQ - Volatility Comparison
Standard Motor Products, Inc. (SMP) has a higher volatility of 5.93% compared to Invesco QQQ (QQQ) at 4.70%. This indicates that SMP'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.