UBER vs. QQQ
Compare and contrast key facts about Uber Technologies, Inc. (UBER) 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: UBER or QQQ.
Key characteristics
| UBER | QQQ | |
|---|---|---|
| YTD Return | 7.28% | 10.51% |
| 1Y Return | 74.55% | 37.41% |
| 3Y Return (Ann) | 11.62% | 12.42% |
| 5Y Return (Ann) | 9.54% | 20.67% |
| Sharpe Ratio | 2.21 | 2.40 |
| Daily Std Dev | 34.55% | 16.27% |
| Max Drawdown | -68.05% | -82.98% |
| Current Drawdown | -18.85% | -0.20% |
Correlation
The correlation between UBER and QQQ is 0.52, 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
UBER vs. QQQ - Performance Comparison
In the year-to-date period, UBER achieves a 7.28% return, which is significantly lower than QQQ's 10.51% 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
UBER vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Uber Technologies, Inc. (UBER) 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
UBER vs. QQQ - Dividend Comparison
UBER has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.58%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
UBER Uber Technologies, 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 | 0.58% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.01% |
Drawdowns
UBER vs. QQQ - Drawdown Comparison
The maximum UBER drawdown since its inception was -68.05%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for UBER and QQQ. For additional features, visit the drawdowns tool.
Volatility
UBER vs. QQQ - Volatility Comparison
Uber Technologies, Inc. (UBER) has a higher volatility of 10.05% compared to Invesco QQQ (QQQ) at 4.91%. This indicates that UBER'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.