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

Correlation

The correlation between TEAM and QQQ is 0.48, 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

TEAM vs. QQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Atlassian Corporation Plc (TEAM) and Invesco QQQ (QQQ). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

TEAM:

0.32

QQQ:

0.52

Sortino Ratio

TEAM:

0.82

QQQ:

0.95

Omega Ratio

TEAM:

1.11

QQQ:

1.13

Calmar Ratio

TEAM:

0.23

QQQ:

0.63

Martin Ratio

TEAM:

0.91

QQQ:

2.04

Ulcer Index

TEAM:

18.07%

QQQ:

7.00%

Daily Std Dev

TEAM:

54.36%

QQQ:

25.49%

Max Drawdown

TEAM:

-74.61%

QQQ:

-82.98%

Current Drawdown

TEAM:

-54.34%

QQQ:

-4.77%

Returns By Period

In the year-to-date period, TEAM achieves a -14.06% return, which is significantly lower than QQQ's 0.50% return.


TEAM

YTD

-14.06%

1M

8.47%

6M

-14.78%

1Y

17.48%

3Y*

5.64%

5Y*

2.75%

10Y*

N/A

QQQ

YTD

0.50%

1M

18.45%

6M

2.28%

1Y

13.25%

3Y*

21.95%

5Y*

18.18%

10Y*

17.51%

*Annualized

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Atlassian Corporation Plc

Invesco QQQ

Risk-Adjusted Performance

TEAM vs. QQQ — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TEAM
The Risk-Adjusted Performance Rank of TEAM is 6262
Overall Rank
The Sharpe Ratio Rank of TEAM is 6565
Sharpe Ratio Rank
The Sortino Ratio Rank of TEAM is 6161
Sortino Ratio Rank
The Omega Ratio Rank of TEAM is 6161
Omega Ratio Rank
The Calmar Ratio Rank of TEAM is 6262
Calmar Ratio Rank
The Martin Ratio Rank of TEAM is 6363
Martin Ratio Rank

QQQ
The Risk-Adjusted Performance Rank of QQQ is 5757
Overall Rank
The Sharpe Ratio Rank of QQQ is 5151
Sharpe Ratio Rank
The Sortino Ratio Rank of QQQ is 5656
Sortino Ratio Rank
The Omega Ratio Rank of QQQ is 5757
Omega Ratio Rank
The Calmar Ratio Rank of QQQ is 6363
Calmar Ratio Rank
The Martin Ratio Rank of QQQ is 5656
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

TEAM vs. QQQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Atlassian Corporation Plc (TEAM) 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.


The current TEAM Sharpe Ratio is 0.32, which is lower than the QQQ Sharpe Ratio of 0.52. The chart below compares the historical Sharpe Ratios of TEAM 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.


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Dividends

TEAM vs. QQQ - Dividend Comparison

TEAM has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.58%.


TTM20242023202220212020201920182017201620152014
TEAM
Atlassian Corporation Plc
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
0.58%0.56%0.62%0.80%0.43%0.55%0.74%0.91%0.84%1.06%0.99%1.41%

Drawdowns

TEAM vs. QQQ - Drawdown Comparison

The maximum TEAM drawdown since its inception was -74.61%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for TEAM and QQQ. For additional features, visit the drawdowns tool.


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Volatility

TEAM vs. QQQ - Volatility Comparison

Atlassian Corporation Plc (TEAM) has a higher volatility of 16.35% compared to Invesco QQQ (QQQ) at 5.77%. This indicates that TEAM'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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