TRI.TO vs. QQQ
Compare and contrast key facts about Thomson Reuters Corporation (TRI.TO) 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: TRI.TO or QQQ.
Key characteristics
| TRI.TO | QQQ | |
|---|---|---|
| YTD Return | 22.93% | 25.63% |
| 1Y Return | 30.43% | 33.85% |
| 3Y Return (Ann) | 19.58% | 9.83% |
| 5Y Return (Ann) | 23.56% | 21.21% |
| 10Y Return (Ann) | 22.33% | 18.37% |
| Sharpe Ratio | 1.83 | 2.12 |
| Sortino Ratio | 2.99 | 2.79 |
| Omega Ratio | 1.36 | 1.38 |
| Calmar Ratio | 3.12 | 2.71 |
| Martin Ratio | 8.38 | 9.88 |
| Ulcer Index | 3.61% | 3.72% |
| Daily Std Dev | 16.50% | 17.31% |
| Max Drawdown | -60.90% | -82.98% |
| Current Drawdown | -1.58% | -0.37% |
Correlation
The correlation between TRI.TO and QQQ is 0.39, 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
TRI.TO vs. QQQ - Performance Comparison
In the year-to-date period, TRI.TO achieves a 22.93% return, which is significantly lower than QQQ's 25.63% return. Over the past 10 years, TRI.TO has outperformed QQQ with an annualized return of 22.33%, while QQQ has yielded a comparatively lower 18.37% annualized 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
TRI.TO vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Thomson Reuters Corporation (TRI.TO) 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
TRI.TO vs. QQQ - Dividend Comparison
TRI.TO's dividend yield for the trailing twelve months is around 1.22%, more than QQQ's 0.59% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TRI.TO Thomson Reuters Corporation | 0.94% | 4.69% | 1.55% | 1.39% | 2.03% | 1.07% | 19.64% | 2.52% | 3.19% | 1.63% | 3.23% | 3.45% |
QQQ Invesco QQQ | 0.59% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.02% |
Drawdowns
TRI.TO vs. QQQ - Drawdown Comparison
The maximum TRI.TO drawdown since its inception was -60.90%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for TRI.TO and QQQ. For additional features, visit the drawdowns tool.
Volatility
TRI.TO vs. QQQ - Volatility Comparison
Thomson Reuters Corporation (TRI.TO) has a higher volatility of 5.86% compared to Invesco QQQ (QQQ) at 4.91%. This indicates that TRI.TO'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.