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.
Key characteristics
| STN | QQQ | |
|---|---|---|
| YTD Return | -0.74% | 15.90% |
| 1Y Return | 19.85% | 28.50% |
| 3Y Return (Ann) | 18.06% | 8.93% |
| 5Y Return (Ann) | 30.50% | 20.58% |
| 10Y Return (Ann) | 10.81% | 17.81% |
| Sharpe Ratio | 0.79 | 1.48 |
| Daily Std Dev | 22.69% | 17.72% |
| Max Drawdown | -67.42% | -82.98% |
| Current Drawdown | -9.86% | -5.91% |
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
In the year-to-date period, STN achieves a -0.74% return, which is significantly lower than QQQ's 15.90% return. Over the past 10 years, STN has underperformed QQQ with an annualized return of 10.81%, while QQQ has yielded a comparatively higher 17.81% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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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 0.76%, more than QQQ's 0.61% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
STN Stantec Inc | 0.76% | 0.73% | 1.14% | 1.22% | 1.42% | 2.06% | 1.91% | 1.39% | 1.34% | 1.30% | 1.21% | 1.02% |
QQQ Invesco QQQ | 0.50% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.01% |
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
The current volatility for Stantec Inc (STN) is 4.97%, while Invesco QQQ (QQQ) has a volatility of 6.05%. This indicates that STN 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.