STN vs. QQQ
Compare and contrast key facts about Stantec Inc (STN) 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: STN or QQQ.
Correlation
The correlation between STN and QQQ is 0.40, 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
STN vs. QQQ - Performance Comparison
Key characteristics
STN:
0.21
QQQ:
1.64
STN:
0.46
QQQ:
2.19
STN:
1.05
QQQ:
1.30
STN:
0.34
QQQ:
2.16
STN:
0.82
QQQ:
7.79
STN:
5.27%
QQQ:
3.76%
STN:
20.44%
QQQ:
17.85%
STN:
-67.42%
QQQ:
-82.98%
STN:
-9.47%
QQQ:
-3.63%
Returns By Period
In the year-to-date period, STN achieves a -0.31% return, which is significantly lower than QQQ's 27.20% return. Over the past 10 years, STN has underperformed QQQ with an annualized return of 12.77%, while QQQ has yielded a comparatively higher 18.36% annualized return.
STN
-0.31%
-7.59%
-2.51%
1.60%
24.65%
12.77%
QQQ
27.20%
3.08%
8.34%
27.81%
20.44%
18.36%
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Risk-Adjusted Performance
STN vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Stantec Inc (STN) 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
STN vs. QQQ - Dividend Comparison
STN's dividend yield for the trailing twelve months is around 0.77%, more than QQQ's 0.43% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Stantec Inc | 0.77% | 0.73% | 1.14% | 1.23% | 1.42% | 2.06% | 1.91% | 1.38% | 1.34% | 1.31% | 1.21% | 1.02% |
Invesco QQQ | 0.43% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.02% |
Drawdowns
STN vs. QQQ - Drawdown Comparison
The maximum STN drawdown since its inception was -67.42%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for STN and QQQ. For additional features, visit the drawdowns tool.
Volatility
STN vs. QQQ - Volatility Comparison
Stantec Inc (STN) and Invesco QQQ (QQQ) have volatilities of 5.20% and 5.29%, 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.