SP vs. QQQ
Compare and contrast key facts about SP Plus Corporation (SP) 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: SP or QQQ.
Correlation
The correlation between SP and QQQ is 0.40, 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
SP vs. QQQ - Performance Comparison
Key characteristics
Returns By Period
SP
N/A
N/A
N/A
N/A
N/A
N/A
QQQ
-7.43%
0.77%
-4.30%
10.31%
18.26%
16.91%
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Risk-Adjusted Performance
SP vs. QQQ — Risk-Adjusted Performance Rank
SP
QQQ
SP vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SP Plus Corporation (SP) 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
SP vs. QQQ - Dividend Comparison
SP has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.63%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SP SP Plus Corporation | 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 | 0.63% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
SP vs. QQQ - Drawdown Comparison
Volatility
SP vs. QQQ - Volatility Comparison
The current volatility for SP Plus Corporation (SP) is 0.00%, while Invesco QQQ (QQQ) has a volatility of 16.86%. This indicates that SP experiences smaller price fluctuations and is considered to be less risky than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.