SN vs. QQQ
Compare and contrast key facts about SharkNinja Inc. (SN) 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: SN or QQQ.
Correlation
The correlation between SN and QQQ is 0.44, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
SN vs. QQQ - Performance Comparison
Key characteristics
SN:
0.54
QQQ:
0.45
SN:
1.26
QQQ:
0.81
SN:
1.20
QQQ:
1.11
SN:
0.89
QQQ:
0.51
SN:
2.73
QQQ:
1.65
SN:
13.83%
QQQ:
6.96%
SN:
54.92%
QQQ:
25.14%
SN:
-42.64%
QQQ:
-82.98%
SN:
-19.39%
QQQ:
-9.42%
Returns By Period
In the year-to-date period, SN achieves a -5.25% return, which is significantly lower than QQQ's -4.41% return.
SN
-5.25%
17.14%
-11.54%
29.29%
N/A
N/A
QQQ
-4.41%
4.71%
-4.80%
11.32%
17.54%
17.26%
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Risk-Adjusted Performance
SN vs. QQQ — Risk-Adjusted Performance Rank
SN
QQQ
SN vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SharkNinja Inc. (SN) 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
SN vs. QQQ - Dividend Comparison
SN has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.61%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SN SharkNinja Inc. | 0.00% | 0.00% | 2.11% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQ Invesco QQQ | 0.61% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
SN vs. QQQ - Drawdown Comparison
The maximum SN drawdown since its inception was -42.64%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for SN and QQQ. For additional features, visit the drawdowns tool.
Volatility
SN vs. QQQ - Volatility Comparison
SharkNinja Inc. (SN) has a higher volatility of 17.57% compared to Invesco QQQ (QQQ) at 8.24%. This indicates that SN'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.