UHS vs. QQQ
Compare and contrast key facts about Universal Health Services, Inc. (UHS) 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: UHS or QQQ.
Correlation
The correlation between UHS and QQQ is 0.31, 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
UHS vs. QQQ - Performance Comparison
Key characteristics
UHS:
0.11
QQQ:
0.36
UHS:
0.37
QQQ:
0.60
UHS:
1.05
QQQ:
1.08
UHS:
0.10
QQQ:
0.52
UHS:
0.22
QQQ:
1.40
UHS:
14.97%
QQQ:
5.08%
UHS:
30.73%
QQQ:
19.63%
UHS:
-60.27%
QQQ:
-82.98%
UHS:
-22.07%
QQQ:
-12.25%
Returns By Period
In the year-to-date period, UHS achieves a 4.80% return, which is significantly higher than QQQ's -7.40% return. Over the past 10 years, UHS has underperformed QQQ with an annualized return of 5.32%, while QQQ has yielded a comparatively higher 17.18% annualized return.
UHS
4.80%
7.29%
-16.22%
7.63%
16.80%
5.32%
QQQ
-7.40%
-6.84%
-1.48%
6.89%
21.36%
17.18%
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Risk-Adjusted Performance
UHS vs. QQQ — Risk-Adjusted Performance Rank
UHS
QQQ
UHS vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Universal Health Services, Inc. (UHS) 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
UHS vs. QQQ - Dividend Comparison
UHS's dividend yield for the trailing twelve months is around 0.43%, less than QQQ's 0.63% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
UHS Universal Health Services, Inc. | 0.43% | 0.45% | 0.52% | 0.57% | 0.62% | 0.15% | 0.42% | 0.34% | 0.35% | 0.38% | 0.33% | 0.27% |
QQQ Invesco QQQ | 0.63% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
UHS vs. QQQ - Drawdown Comparison
The maximum UHS drawdown since its inception was -60.27%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for UHS and QQQ. For additional features, visit the drawdowns tool.
Volatility
UHS vs. QQQ - Volatility Comparison
Universal Health Services, Inc. (UHS) has a higher volatility of 9.37% compared to Invesco QQQ (QQQ) at 7.73%. This indicates that UHS'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.