TEAM vs. QQQ
Compare and contrast key facts about Atlassian Corporation Plc (TEAM) 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: TEAM or QQQ.
Correlation
The correlation between TEAM and QQQ is 0.86, 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
TEAM vs. QQQ - Performance Comparison
Key characteristics
TEAM:
0.02
QQQ:
0.14
TEAM:
0.40
QQQ:
0.31
TEAM:
1.06
QQQ:
1.04
TEAM:
0.02
QQQ:
0.17
TEAM:
0.06
QQQ:
0.53
TEAM:
18.83%
QQQ:
5.24%
TEAM:
51.48%
QQQ:
20.34%
TEAM:
-74.61%
QQQ:
-82.98%
TEAM:
-56.70%
QQQ:
-16.35%
Returns By Period
In the year-to-date period, TEAM achieves a -18.50% return, which is significantly lower than QQQ's -11.72% return.
TEAM
-18.50%
-27.51%
23.63%
1.59%
8.85%
N/A
QQQ
-11.72%
-8.92%
-6.13%
2.56%
20.53%
16.52%
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Risk-Adjusted Performance
TEAM vs. QQQ — Risk-Adjusted Performance Rank
TEAM
QQQ
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.
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 0.66%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
QQQ Invesco QQQ | 0.71% | 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.
Volatility
TEAM vs. QQQ - Volatility Comparison
The current volatility for Atlassian Corporation Plc (TEAM) is NaN%, while Invesco QQQ (QQQ) has a volatility of 10.78%. This indicates that TEAM 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.
User Portfolios with TEAM or QQQ
Recent discussions
VUG vs FOCPX
FOCPX vs VUG is absolutely incorrect. I ran the same comparison on Morning star and FOCPX has out performed but your graph shows the opposite.
what is the source of this data. is it trust worthy.
SK
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Farshad
Market filter for screeners
Scott Allen