TGTX vs. QQQM
Compare and contrast key facts about TG Therapeutics, Inc. (TGTX) and Invesco NASDAQ 100 ETF (QQQM).
QQQM is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Oct 13, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TGTX or QQQM.
Key characteristics
| TGTX | QQQM | |
|---|---|---|
| YTD Return | 68.68% | 26.20% |
| 1Y Return | 184.12% | 39.98% |
| 3Y Return (Ann) | -6.00% | 9.99% |
| Sharpe Ratio | 2.44 | 2.23 |
| Sortino Ratio | 3.21 | 2.93 |
| Omega Ratio | 1.40 | 1.40 |
| Calmar Ratio | 1.68 | 2.87 |
| Martin Ratio | 8.73 | 10.49 |
| Ulcer Index | 19.12% | 3.71% |
| Daily Std Dev | 68.32% | 17.42% |
| Max Drawdown | -99.99% | -35.05% |
| Current Drawdown | -98.54% | 0.00% |
Correlation
The correlation between TGTX and QQQM is 0.41, 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.
Performance
TGTX vs. QQQM - Performance Comparison
In the year-to-date period, TGTX achieves a 68.68% return, which is significantly higher than QQQM's 26.20% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
TGTX vs. QQQM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for TG Therapeutics, Inc. (TGTX) and Invesco NASDAQ 100 ETF (QQQM). 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. QQQM - Dividend Comparison
TGTX has not paid dividends to shareholders, while QQQM's dividend yield for the trailing twelve months is around 0.64%.
| TTM | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
TGTX TG Therapeutics, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQM Invesco NASDAQ 100 ETF | 0.64% | 0.65% | 0.83% | 0.40% | 0.16% |
Drawdowns
TGTX vs. QQQM - Drawdown Comparison
The maximum TGTX drawdown since its inception was -99.99%, which is greater than QQQM's maximum drawdown of -35.05%. Use the drawdown chart below to compare losses from any high point for TGTX and QQQM. For additional features, visit the drawdowns tool.
Volatility
TGTX vs. QQQM - Volatility Comparison
TG Therapeutics, Inc. (TGTX) has a higher volatility of 19.49% compared to Invesco NASDAQ 100 ETF (QQQM) at 5.15%. This indicates that TGTX's price experiences larger fluctuations and is considered to be riskier than QQQM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.