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:
1.68
QQQ:
1.56
SNEX:
2.30
QQQ:
2.09
SNEX:
1.29
QQQ:
1.28
SNEX:
3.16
QQQ:
2.07
SNEX:
10.53
QQQ:
7.35
SNEX:
4.40%
QQQ:
3.81%
SNEX:
27.49%
QQQ:
17.96%
SNEX:
-97.68%
QQQ:
-82.98%
SNEX:
-2.44%
QQQ:
-4.10%
Returns By Period
In the year-to-date period, SNEX achieves a 4.32% return, which is significantly higher than QQQ's 0.79% return. Over the past 10 years, SNEX has outperformed QQQ with an annualized return of 22.61%, while QQQ has yielded a comparatively lower 18.48% annualized return.
SNEX
4.32%
-0.97%
34.70%
51.41%
25.66%
22.61%
QQQ
0.79%
-1.20%
2.76%
27.75%
19.56%
18.48%
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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 0.55%.
| 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 | 0.55% | 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) has a higher volatility of 9.51% compared to Invesco QQQ (QQQ) at 6.12%. This indicates that SNEX'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.