TDG vs. QQQ
Compare and contrast key facts about TransDigm Group Incorporated (TDG) 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: TDG or QQQ.
Correlation
The correlation between TDG and QQQ is 0.89, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
TDG vs. QQQ - Performance Comparison
Key characteristics
TDG:
0.63
QQQ:
0.47
TDG:
0.99
QQQ:
0.82
TDG:
1.13
QQQ:
1.11
TDG:
1.34
QQQ:
0.52
TDG:
2.76
QQQ:
1.79
TDG:
6.21%
QQQ:
6.64%
TDG:
27.16%
QQQ:
25.28%
TDG:
-62.64%
QQQ:
-82.98%
TDG:
-2.37%
QQQ:
-12.28%
Returns By Period
In the year-to-date period, TDG achieves a 8.75% return, which is significantly higher than QQQ's -7.43% return. Over the past 10 years, TDG has outperformed QQQ with an annualized return of 25.64%, while QQQ has yielded a comparatively lower 16.91% annualized return.
TDG
8.75%
0.07%
1.72%
15.56%
35.91%
25.64%
QQQ
-7.43%
0.77%
-4.30%
10.31%
18.26%
16.91%
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Risk-Adjusted Performance
TDG vs. QQQ — Risk-Adjusted Performance Rank
TDG
QQQ
TDG vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for TransDigm Group Incorporated (TDG) 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
TDG vs. QQQ - Dividend Comparison
TDG's dividend yield for the trailing twelve months is around 5.44%, more than QQQ's 0.63% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TDG TransDigm Group Incorporated | 5.44% | 5.92% | 3.46% | 2.94% | 0.00% | 0.00% | 11.16% | 0.00% | 8.01% | 9.64% | 0.00% | 12.73% |
QQQ Invesco QQQ | 0.63% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
TDG vs. QQQ - Drawdown Comparison
The maximum TDG drawdown since its inception was -62.64%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for TDG and QQQ. For additional features, visit the drawdowns tool.
Volatility
TDG vs. QQQ - Volatility Comparison
The current volatility for TransDigm Group Incorporated (TDG) is 13.81%, while Invesco QQQ (QQQ) has a volatility of 16.86%. This indicates that TDG 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.