SYK vs. QQQ
SYK (Stryker Corporation) is a stock, while QQQ (Invesco QQQ ETF) is Nasdaq-100 fund tracking the NASDAQ-100 Index. Over the past 10 years, SYK returned 11.25%/yr vs 21.94%/yr for QQQ. At a 0.45 correlation, their price movements are largely independent.
Performance
SYK vs. QQQ - Performance Comparison
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Returns By Period
In the year-to-date period, SYK achieves a -15.84% return, which is significantly lower than QQQ's 21.30% return. Over the past 10 years, SYK has underperformed QQQ with an annualized return of 11.25%, while QQQ has yielded a comparatively higher 21.94% annualized return.
SYK
- 1D
- 0.58%
- 1M
- 1.42%
- YTD
- -15.84%
- 6M
- -18.97%
- 1Y
- -21.83%
- 3Y*
- 2.95%
- 5Y*
- 4.29%
- 10Y*
- 11.25%
QQQ
- 1D
- -0.26%
- 1M
- 10.60%
- YTD
- 21.30%
- 6M
- 19.66%
- 1Y
- 41.82%
- 3Y*
- 28.78%
- 5Y*
- 17.97%
- 10Y*
- 21.94%
SYK vs. QQQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SYK Stryker Corporation | -15.84% | -1.48% | 21.34% | 23.80% | -7.42% | 10.22% | 18.17% | 35.33% | 2.43% | 30.84% |
QQQ Invesco QQQ ETF | 21.30% | 20.77% | 25.58% | 54.86% | -32.58% | 27.42% | 48.62% | 38.96% | -0.13% | 32.66% |
Correlation
The correlation between SYK and QQQ is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.13 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.31 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.45 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.49 |
Correlation (All Time) Calculated using the full available price history since Mar 11, 1999 | 0.45 |
Over the past year, the correlation between SYK and QQQ has dropped to 0.13 - well below their long-term average of 0.45, suggesting their price drivers have been diverging.
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Return for Risk
SYK vs. QQQ — Risk / Return Rank
SYK
QQQ
SYK vs. QQQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Stryker Corporation (SYK) and Invesco QQQ ETF (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.
| SYK | QQQ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.63 | ||
| Sortino ratioReturn per unit of downside risk | -4.80 | ||
| Omega ratioGain probability vs. loss probability | 0.84 | 1.45 | -0.61 |
| Calmar ratioReturn relative to maximum drawdown | -0.74 | 3.51 | -4.26 |
| Martin ratioReturn relative to average drawdown | -1.84 | 13.49 | -15.33 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SYK | QQQ | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.99 | 2.64 | -3.63 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.18 | 0.81 | -0.63 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.43 | 0.99 | -0.56 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.55 | 0.41 | +0.14 |
Drawdowns
SYK vs. QQQ - Drawdown Comparison
The maximum SYK drawdown since its inception was -58.63%, smaller than the maximum QQQ drawdown of -82.97%. Use the drawdown chart below to compare losses from any high point for SYK and QQQ.
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Drawdown Indicators
| SYK | QQQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.63% | -82.97% | +24.34% |
Max Drawdown (1Y)Largest decline over 1 year | -29.45% | -11.96% | -17.49% |
Max Drawdown (3Y)Largest decline over 3 years | -29.45% | -22.77% | -6.68% |
Max Drawdown (5Y)Largest decline over 5 years | -31.68% | -35.12% | +3.44% |
Max Drawdown (10Y)Largest decline over 10 years | -43.80% | -35.12% | -8.68% |
Current DrawdownCurrent decline from peak | -26.35% | -0.26% | -26.09% |
Average DrawdownAverage peak-to-trough decline | -13.10% | -32.79% | +19.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.88% | 3.11% | +8.77% |
Volatility
SYK vs. QQQ - Volatility Comparison
Stryker Corporation (SYK) has a higher volatility of 8.52% compared to Invesco QQQ ETF (QQQ) at 4.49%. This indicates that SYK'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.
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Volatility by Period
| SYK | QQQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.52% | 4.49% | +4.03% |
Volatility (6M)Calculated over the trailing 6-month period | 17.78% | 12.10% | +5.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.04% | 15.94% | +6.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.13% | 22.38% | +1.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.30% | 22.29% | +4.01% |
Dividends
SYK vs. QQQ - Dividend Comparison
SYK's dividend yield for the trailing twelve months is around 1.17%, more than QQQ's 0.38% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
QQQ Invesco QQQ ETF | 0.38% | 0.45% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% |
SYK Stryker Corporation | 1.17% | 0.97% | 0.90% | 1.02% | 1.16% | 0.97% | 0.96% | 1.02% | 1.23% | 1.13% | 1.31% | 1.52% |
Frequently Asked Questions
SYK and QQQ have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SYK has higher volatility (8.52%) compared to QQQ (4.49%). In terms of maximum drawdown, SYK dropped -58.63% vs QQQ's -82.97%.
QQQ currently has the higher Sharpe Ratio (2.64 vs -0.99), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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