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:
0.71
QQQ:
1.58
UHS:
1.14
QQQ:
2.13
UHS:
1.15
QQQ:
1.28
UHS:
0.73
QQQ:
2.13
UHS:
1.91
QQQ:
7.44
UHS:
10.46%
QQQ:
3.88%
UHS:
28.28%
QQQ:
18.24%
UHS:
-60.27%
QQQ:
-82.98%
UHS:
-23.41%
QQQ:
-2.90%
Returns By Period
In the year-to-date period, UHS achieves a 3.00% return, which is significantly higher than QQQ's 2.06% return. Over the past 10 years, UHS has underperformed QQQ with an annualized return of 6.05%, while QQQ has yielded a comparatively higher 18.75% annualized return.
UHS
3.00%
4.10%
2.39%
18.66%
5.48%
6.05%
QQQ
2.06%
1.18%
10.12%
27.08%
19.30%
18.75%
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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 0.55% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
Invesco QQQ | 0.55% | 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 7.30% compared to Invesco QQQ (QQQ) at 6.45%. 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.