TDY vs. QQQ
Compare and contrast key facts about Teledyne Technologies Incorporated (TDY) 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: TDY or QQQ.
Correlation
The correlation between TDY and QQQ is 0.51, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
TDY vs. QQQ - Performance Comparison
Key characteristics
TDY:
0.59
QQQ:
0.15
TDY:
0.94
QQQ:
0.38
TDY:
1.15
QQQ:
1.05
TDY:
0.59
QQQ:
0.16
TDY:
3.56
QQQ:
0.58
TDY:
4.29%
QQQ:
6.25%
TDY:
25.92%
QQQ:
24.88%
TDY:
-66.17%
QQQ:
-82.98%
TDY:
-10.92%
QQQ:
-17.56%
Returns By Period
In the year-to-date period, TDY achieves a -0.42% return, which is significantly higher than QQQ's -13.00% return. Both investments have delivered pretty close results over the past 10 years, with TDY having a 15.60% annualized return and QQQ not far ahead at 16.17%.
TDY
-0.42%
-7.29%
3.00%
15.47%
7.78%
15.60%
QQQ
-13.00%
-6.28%
-9.32%
4.93%
16.35%
16.17%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
TDY vs. QQQ — Risk-Adjusted Performance Rank
TDY
QQQ
TDY vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Teledyne Technologies Incorporated (TDY) 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
TDY vs. QQQ - Dividend Comparison
TDY has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.67%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TDY Teledyne Technologies Incorporated | 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 | 0.67% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
TDY vs. QQQ - Drawdown Comparison
The maximum TDY drawdown since its inception was -66.17%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for TDY and QQQ. For additional features, visit the drawdowns tool.
Volatility
TDY vs. QQQ - Volatility Comparison
The current volatility for Teledyne Technologies Incorporated (TDY) is 13.04%, while Invesco QQQ (QQQ) has a volatility of 16.19%. This indicates that TDY 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.