TEM vs. QQQ
TEM (Tempus AI, Inc) is a stock, while QQQ (Invesco QQQ ETF) is Nasdaq-100 fund tracking the NASDAQ-100 Index. Over the past year, TEM returned -20.08% vs 24.81% for QQQ. Their 0.42 correlation means their historical movements had little consistent relationship.
Performance
TEM vs. QQQ - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, TEM achieves a -25.71% return, which is significantly lower than QQQ's 12.26% return.
TEM
- 1D
- -0.95%
- 1M
- -27.21%
- 6M
- -26.66%
- YTD
- -25.71%
- 1Y
- -20.08%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 4.44%
QQQ
- 1D
- 0.65%
- 1M
- -3.45%
- 6M
- 10.89%
- YTD
- 12.26%
- 1Y
- 24.81%
- 3Y*
- 22.29%
- 5Y*
- 14.23%
- 10Y*
- 20.44%
- ALL TIME*
- 10.64%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $30.32B | $28.40B | $31.45B | |
| $272.17M | $261.74M | $329.64M |
TEM vs. QQQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
TEM Tempus AI, Inc | -25.71% | 74.91% | -15.60% |
QQQ Invesco QQQ ETF | 12.26% | 20.77% | 7.73% |
Correlation
The correlation between TEM and QQQ is 0.44, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.44 |
Correlation (All Time) Calculated using the full available price history since Jun 14, 2024 | 0.42 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
TEM vs. QQQ — Risk / Return Rank
TEM
QQQ
TEM vs. QQQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Tempus AI, Inc (TEM) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| TEM | QQQ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.50 | ||
| Sortino ratioReturn per unit of downside risk | -1.74 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 1.21 | -0.22 |
| Calmar ratioReturn relative to maximum drawdown | -0.38 | 1.88 | -2.25 |
| Martin ratioReturn relative to average drawdown | -0.57 | 6.00 | -6.57 |
Loading charts...
Drawdowns
TEM vs. QQQ - Drawdown Comparison
The maximum TEM drawdown since its inception was -59.76%, smaller than the maximum QQQ drawdown of -82.97%. Use the drawdown chart below to compare losses from any high point for TEM and QQQ.
Loading charts...
Drawdown Indicators
| TEM | QQQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.76% | -82.97% | +23.21% |
Max Drawdown (1Y)Largest decline over 1 year | -59.76% | -11.96% | -47.80% |
Max Drawdown (3Y)Largest decline over 3 years | — | -22.77% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -35.12% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -35.12% | — |
Current DrawdownCurrent decline from peak | -57.51% | -7.69% | -49.82% |
Average DrawdownAverage peak-to-trough decline | -33.07% | -32.62% | -0.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 39.46% | 3.74% | +35.72% |
Volatility
TEM vs. QQQ - Volatility Comparison
Tempus AI, Inc (TEM) has a higher volatility of 19.03% compared to Invesco QQQ ETF (QQQ) at 6.87%. This indicates that TEM'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.
Loading charts...
Volatility by Period
| TEM | QQQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.03% | 6.87% | +12.16% |
Volatility (6M)Calculated over the trailing 6-month period | 49.35% | 16.08% | +33.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 66.20% | 19.38% | +46.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 96.93% | 22.90% | +74.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 96.93% | 22.50% | +74.43% |
Dividends
TEM vs. QQQ - Dividend Comparison
TEM has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.44%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
QQQ Invesco QQQ ETF | 0.44% | 0.45% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% |
TEM Tempus AI, Inc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
TEM and QQQ have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TEM has higher volatility (19.03%) compared to QQQ (6.87%). In terms of maximum drawdown, TEM dropped -59.76% vs QQQ's -82.97%.
QQQ currently has the higher Sharpe Ratio (1.16 vs -0.34), 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.
Find the right allocation for TEM and QQQ
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer