TGTX vs. QQQ
Compare and contrast key facts about TG Therapeutics, Inc. (TGTX) 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: TGTX or QQQ.
Correlation
The correlation between TGTX and QQQ is 0.19, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
TGTX vs. QQQ - Performance Comparison
Key characteristics
TGTX:
1.55
QQQ:
0.47
TGTX:
2.40
QQQ:
0.81
TGTX:
1.29
QQQ:
1.11
TGTX:
1.05
QQQ:
0.51
TGTX:
11.08
QQQ:
1.67
TGTX:
9.48%
QQQ:
6.93%
TGTX:
63.46%
QQQ:
25.14%
TGTX:
-100.00%
QQQ:
-82.98%
TGTX:
-99.98%
QQQ:
-9.36%
Returns By Period
In the year-to-date period, TGTX achieves a 12.49% return, which is significantly higher than QQQ's -4.34% return. Over the past 10 years, TGTX has underperformed QQQ with an annualized return of 8.27%, while QQQ has yielded a comparatively higher 17.21% annualized return.
TGTX
12.49%
-4.70%
21.36%
97.78%
12.51%
8.27%
QQQ
-4.34%
17.36%
-4.62%
11.64%
17.57%
17.21%
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Risk-Adjusted Performance
TGTX vs. QQQ — Risk-Adjusted Performance Rank
TGTX
QQQ
TGTX vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for TG Therapeutics, Inc. (TGTX) 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
TGTX vs. QQQ - Dividend Comparison
TGTX has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.61%.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
TGTX TG Therapeutics, 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% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
TGTX vs. QQQ - Drawdown Comparison
The maximum TGTX drawdown since its inception was -100.00%, which is greater than QQQ's maximum drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for TGTX and QQQ. For additional features, visit the drawdowns tool.
Volatility
TGTX vs. QQQ - Volatility Comparison
TG Therapeutics, Inc. (TGTX) has a higher volatility of 20.55% compared to Invesco QQQ (QQQ) at 13.83%. This indicates that TGTX'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.