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STRL vs. QQQ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

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.


-0.50.00.51.00.3

Performance

STRL vs. QQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Sterling Construction Company, Inc. (STRL) and Invesco QQQ (QQQ). The values are adjusted to include any dividend payments, if applicable.

0.00%2,000.00%4,000.00%6,000.00%8,000.00%10,000.00%12,000.00%14,000.00%JulyAugustSeptemberOctoberNovemberDecember
12,220.70%
1,090.94%
STRL
QQQ

Key characteristics

Sharpe Ratio

STRL:

2.22

QQQ:

1.63

Sortino Ratio

STRL:

2.87

QQQ:

2.18

Omega Ratio

STRL:

1.37

QQQ:

1.29

Calmar Ratio

STRL:

4.84

QQQ:

2.15

Martin Ratio

STRL:

11.09

QQQ:

7.73

Ulcer Index

STRL:

10.63%

QQQ:

3.76%

Daily Std Dev

STRL:

53.13%

QQQ:

17.84%

Max Drawdown

STRL:

-92.51%

QQQ:

-82.98%

Current Drawdown

STRL:

-11.01%

QQQ:

-3.77%

Returns By Period

In the year-to-date period, STRL achieves a 101.42% return, which is significantly higher than QQQ's 27.01% return. Over the past 10 years, STRL has outperformed QQQ with an annualized return of 39.26%, while QQQ has yielded a comparatively lower 18.29% annualized return.


STRL

YTD

101.42%

1M

-8.22%

6M

50.41%

1Y

117.85%

5Y*

63.97%

10Y*

39.26%

QQQ

YTD

27.01%

1M

2.87%

6M

7.89%

1Y

29.11%

5Y*

20.41%

10Y*

18.29%

Compare stocks, funds, or ETFs

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Risk-Adjusted Performance

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.


Sharpe ratio
The chart of Sharpe ratio for STRL, currently valued at 2.22, compared to the broader market-4.00-2.000.002.002.221.63
The chart of Sortino ratio for STRL, currently valued at 2.87, compared to the broader market-4.00-2.000.002.004.002.872.18
The chart of Omega ratio for STRL, currently valued at 1.37, compared to the broader market0.501.001.502.001.371.29
The chart of Calmar ratio for STRL, currently valued at 4.84, compared to the broader market0.002.004.006.004.842.15
The chart of Martin ratio for STRL, currently valued at 11.09, compared to the broader market0.0010.0020.0011.097.73
STRL
QQQ

The current STRL Sharpe Ratio is 2.22, which is higher than the QQQ Sharpe Ratio of 1.63. The chart below compares the historical Sharpe Ratios of STRL and QQQ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
2.22
1.63
STRL
QQQ

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 0.43%.


TTM20232022202120202019201820172016201520142013
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
0.43%0.62%0.80%0.43%0.55%0.74%0.91%0.84%1.06%0.99%1.41%1.02%

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.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-11.01%
-3.77%
STRL
QQQ

Volatility

STRL vs. QQQ - Volatility Comparison

Sterling Construction Company, Inc. (STRL) has a higher volatility of 12.34% compared to Invesco QQQ (QQQ) at 5.27%. 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.


5.00%10.00%15.00%20.00%25.00%JulyAugustSeptemberOctoberNovemberDecember
12.34%
5.27%
STRL
QQQ
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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