STRL vs. QQQ
Compare and contrast key facts about Sterling Construction Company, Inc. (STRL) 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: STRL or QQQ.
Correlation
The correlation between STRL and QQQ is 0.27, 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
STRL vs. QQQ - Performance Comparison
Key characteristics
STRL:
0.80
QQQ:
1.40
STRL:
1.41
QQQ:
1.90
STRL:
1.20
QQQ:
1.25
STRL:
1.25
QQQ:
1.88
STRL:
3.64
QQQ:
6.51
STRL:
13.11%
QQQ:
3.92%
STRL:
59.56%
QQQ:
18.23%
STRL:
-92.51%
QQQ:
-82.98%
STRL:
-38.04%
QQQ:
-0.42%
Returns By Period
In the year-to-date period, STRL achieves a -26.23% return, which is significantly lower than QQQ's 5.09% return. Over the past 10 years, STRL has outperformed QQQ with an annualized return of 45.95%, while QQQ has yielded a comparatively lower 18.32% annualized return.
STRL
-26.23%
-36.77%
9.32%
49.87%
52.84%
45.95%
QQQ
5.09%
2.37%
13.48%
26.98%
19.29%
18.32%
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Risk-Adjusted Performance
STRL vs. QQQ — Risk-Adjusted Performance Rank
STRL
QQQ
STRL vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Sterling Construction Company, Inc. (STRL) 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
STRL vs. QQQ - Dividend Comparison
STRL has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.53%.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
STRL Sterling Construction Company, 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 | 0.53% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
STRL vs. QQQ - Drawdown Comparison
The maximum STRL drawdown since its inception was -92.51%, which is greater than QQQ's maximum drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for STRL and QQQ. For additional features, visit the drawdowns tool.
Volatility
STRL vs. QQQ - Volatility Comparison
Sterling Construction Company, Inc. (STRL) has a higher volatility of 29.56% compared to Invesco QQQ (QQQ) at 4.70%. This indicates that STRL'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.