TENB vs. QQQ
Compare and contrast key facts about Tenable Holdings, Inc. (TENB) 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: TENB or QQQ.
Performance
TENB vs. QQQ - Performance Comparison
Returns By Period
In the year-to-date period, TENB achieves a -11.44% return, which is significantly lower than QQQ's 21.78% return.
TENB
-11.44%
-4.45%
-7.30%
4.86%
8.73%
N/A
QQQ
21.78%
1.15%
10.25%
29.54%
20.42%
17.95%
Key characteristics
| TENB | QQQ | |
|---|---|---|
| Sharpe Ratio | 0.09 | 1.70 |
| Sortino Ratio | 0.36 | 2.29 |
| Omega Ratio | 1.04 | 1.31 |
| Calmar Ratio | 0.08 | 2.19 |
| Martin Ratio | 0.19 | 7.96 |
| Ulcer Index | 15.22% | 3.72% |
| Daily Std Dev | 31.13% | 17.39% |
| Max Drawdown | -56.82% | -82.98% |
| Current Drawdown | -34.90% | -3.42% |
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Correlation
The correlation between TENB and QQQ is 0.55, 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.
Risk-Adjusted Performance
TENB vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Tenable Holdings, Inc. (TENB) 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
TENB vs. QQQ - Dividend Comparison
TENB has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.61%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TENB Tenable Holdings, 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% |
QQQ Invesco QQQ | 0.61% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.02% |
Drawdowns
TENB vs. QQQ - Drawdown Comparison
The maximum TENB drawdown since its inception was -56.82%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for TENB and QQQ. For additional features, visit the drawdowns tool.
Volatility
TENB vs. QQQ - Volatility Comparison
Tenable Holdings, Inc. (TENB) has a higher volatility of 11.09% compared to Invesco QQQ (QQQ) at 5.62%. This indicates that TENB'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.