TFC vs. QQQ
TFC (Truist Financial Corporation) is a stock, while QQQ (Invesco QQQ ETF) is Nasdaq-100 fund tracking the NASDAQ-100 Index. Over the past 10 years, TFC returned 8.15%/yr vs 21.79%/yr for QQQ. At a 0.45 correlation, their price movements are largely independent.
Performance
TFC vs. QQQ - Performance Comparison
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Returns By Period
In the year-to-date period, TFC achieves a 7.16% return, which is significantly lower than QQQ's 17.57% return. Over the past 10 years, TFC has underperformed QQQ with an annualized return of 8.15%, while QQQ has yielded a comparatively higher 21.79% annualized return.
TFC
- 1D
- 1.93%
- 1M
- 10.01%
- YTD
- 7.16%
- 6M
- 5.70%
- 1Y
- 38.57%
- 3Y*
- 22.99%
- 5Y*
- 2.50%
- 10Y*
- 8.15%
QQQ
- 1D
- 0.59%
- 1M
- 1.75%
- YTD
- 17.57%
- 6M
- 17.85%
- 1Y
- 37.55%
- 3Y*
- 26.43%
- 5Y*
- 16.85%
- 10Y*
- 21.79%
TFC vs. QQQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TFC Truist Financial Corporation | 7.16% | 19.05% | 23.72% | -8.59% | -23.53% | 26.08% | -11.16% | 34.55% | -10.24% | 8.66% |
QQQ Invesco QQQ ETF | 17.57% | 20.77% | 25.58% | 54.86% | -32.58% | 27.42% | 48.62% | 38.96% | -0.13% | 32.66% |
Correlation
The correlation between TFC and QQQ is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.30 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.36 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.43 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.38 |
Correlation (All Time) Calculated using the full available price history since Mar 10, 1999 | 0.45 |
The correlation between TFC and QQQ shifts across timeframes, from 0.30 (1 year) to 0.45 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
TFC vs. QQQ — Risk / Return Rank
TFC
QQQ
TFC vs. QQQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Truist Financial Corporation (TFC) 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.
| TFC | QQQ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.57 | ||
| Sortino ratioReturn per unit of downside risk | -0.68 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.37 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 1.71 | 3.01 | -1.30 |
| Martin ratioReturn relative to average drawdown | 4.50 | 11.22 | -6.72 |
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Drawdowns
TFC vs. QQQ - Drawdown Comparison
The maximum TFC drawdown since its inception was -66.56%, smaller than the maximum QQQ drawdown of -82.97%. Use the drawdown chart below to compare losses from any high point for TFC and QQQ.
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Drawdown Indicators
| TFC | QQQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.56% | -82.97% | +16.41% |
Max Drawdown (1Y)Largest decline over 1 year | -20.67% | -11.96% | -8.71% |
Max Drawdown (3Y)Largest decline over 3 years | -26.93% | -22.77% | -4.16% |
Max Drawdown (5Y)Largest decline over 5 years | -59.11% | -35.12% | -23.99% |
Max Drawdown (10Y)Largest decline over 10 years | -59.11% | -35.12% | -23.99% |
Current DrawdownCurrent decline from peak | -5.51% | -3.33% | -2.18% |
Average DrawdownAverage peak-to-trough decline | -13.83% | -32.75% | +18.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.85% | 3.20% | +4.65% |
Volatility
TFC vs. QQQ - Volatility Comparison
The current volatility for Truist Financial Corporation (TFC) is 7.08%, while Invesco QQQ ETF (QQQ) has a volatility of 7.56%. This indicates that TFC 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.
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Volatility by Period
| TFC | QQQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.08% | 7.56% | -0.48% |
Volatility (6M)Calculated over the trailing 6-month period | 17.32% | 13.81% | +3.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.30% | 17.19% | +6.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.90% | 22.55% | +9.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.62% | 22.38% | +11.24% |
Dividends
TFC vs. QQQ - Dividend Comparison
TFC's dividend yield for the trailing twelve months is around 4.03%, more than QQQ's 0.39% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
QQQ Invesco QQQ ETF | 0.39% | 0.45% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% |
TFC Truist Financial Corporation | 4.03% | 4.23% | 4.79% | 5.63% | 4.65% | 3.18% | 3.76% | 3.04% | 3.60% | 2.53% | 2.45% | 2.78% |
Frequently Asked Questions
TFC and QQQ have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
QQQ has higher volatility (7.56%) compared to TFC (7.08%). In terms of maximum drawdown, TFC dropped -66.56% vs QQQ's -82.97%.
QQQ currently has the higher Sharpe Ratio (2.09 vs 1.52), 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.
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