UFPI vs. QQQ
Compare and contrast key facts about UFP Industries, Inc. (UFPI) 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: UFPI or QQQ.
Correlation
The correlation between UFPI and QQQ is 0.51, 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
UFPI vs. QQQ - Performance Comparison
Key characteristics
UFPI:
-0.49
QQQ:
0.47
UFPI:
-0.52
QQQ:
0.81
UFPI:
0.94
QQQ:
1.11
UFPI:
-0.52
QQQ:
0.51
UFPI:
-1.08
QQQ:
1.67
UFPI:
14.43%
QQQ:
6.93%
UFPI:
33.22%
QQQ:
25.14%
UFPI:
-80.64%
QQQ:
-82.98%
UFPI:
-28.78%
QQQ:
-9.36%
Returns By Period
In the year-to-date period, UFPI achieves a -12.32% return, which is significantly lower than QQQ's -4.34% return. Over the past 10 years, UFPI has outperformed QQQ with an annualized return of 19.39%, while QQQ has yielded a comparatively lower 17.21% annualized return.
UFPI
-12.32%
-2.50%
-25.69%
-16.18%
19.12%
19.39%
QQQ
-4.34%
17.36%
-4.62%
11.64%
17.57%
17.21%
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Risk-Adjusted Performance
UFPI vs. QQQ — Risk-Adjusted Performance Rank
UFPI
QQQ
UFPI vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for UFP Industries, Inc. (UFPI) 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
UFPI vs. QQQ - Dividend Comparison
UFPI's dividend yield for the trailing twelve months is around 1.36%, more than QQQ's 0.61% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
UFPI UFP Industries, Inc. | 1.36% | 1.17% | 0.88% | 1.20% | 0.71% | 0.90% | 0.84% | 1.39% | 0.85% | 0.85% | 1.20% | 1.15% |
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
UFPI vs. QQQ - Drawdown Comparison
The maximum UFPI drawdown since its inception was -80.64%, roughly equal to the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for UFPI and QQQ. For additional features, visit the drawdowns tool.
Volatility
UFPI vs. QQQ - Volatility Comparison
The current volatility for UFP Industries, Inc. (UFPI) is 11.86%, while Invesco QQQ (QQQ) has a volatility of 13.83%. This indicates that UFPI 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.