SNEX vs. QQQ
Compare and contrast key facts about StoneX Group Inc. (SNEX) 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: SNEX or QQQ.
Correlation
The correlation between SNEX and QQQ is 0.29, 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
SNEX vs. QQQ - Performance Comparison
Key characteristics
SNEX:
2.65
QQQ:
0.15
SNEX:
3.28
QQQ:
0.38
SNEX:
1.43
QQQ:
1.05
SNEX:
4.90
QQQ:
0.16
SNEX:
15.57
QQQ:
0.58
SNEX:
5.58%
QQQ:
6.25%
SNEX:
32.76%
QQQ:
24.88%
SNEX:
-97.68%
QQQ:
-82.98%
SNEX:
-5.09%
QQQ:
-17.56%
Returns By Period
In the year-to-date period, SNEX achieves a 22.93% return, which is significantly higher than QQQ's -13.00% return. Over the past 10 years, SNEX has outperformed QQQ with an annualized return of 19.08%, while QQQ has yielded a comparatively lower 16.13% annualized return.
SNEX
22.93%
0.50%
37.80%
85.80%
37.58%
19.08%
QQQ
-13.00%
-7.51%
-9.91%
5.53%
16.35%
16.13%
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
SNEX vs. QQQ — Risk-Adjusted Performance Rank
SNEX
QQQ
SNEX vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for StoneX Group Inc. (SNEX) 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
SNEX vs. QQQ - Dividend Comparison
SNEX has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.67%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SNEX StoneX Group 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 | 0.67% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
SNEX vs. QQQ - Drawdown Comparison
The maximum SNEX drawdown since its inception was -97.68%, which is greater than QQQ's maximum drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for SNEX and QQQ. For additional features, visit the drawdowns tool.
Volatility
SNEX vs. QQQ - Volatility Comparison
StoneX Group Inc. (SNEX) and Invesco QQQ (QQQ) have volatilities of 15.59% and 16.19%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.