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 0.39, 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
UHS vs. QQQ - Performance Comparison
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Key characteristics
UHS:
0.24
QQQ:
0.67
UHS:
0.59
QQQ:
1.12
UHS:
1.08
QQQ:
1.16
UHS:
0.26
QQQ:
0.77
UHS:
0.52
QQQ:
2.53
UHS:
17.40%
QQQ:
6.97%
UHS:
34.22%
QQQ:
25.50%
UHS:
-60.27%
QQQ:
-82.98%
UHS:
-20.26%
QQQ:
-4.29%
Returns By Period
In the year-to-date period, UHS achieves a 7.23% return, which is significantly higher than QQQ's 1.00% return. Over the past 10 years, UHS has underperformed QQQ with an annualized return of 5.08%, while QQQ has yielded a comparatively higher 17.72% annualized return.
UHS
7.23%
9.55%
-6.17%
8.04%
16.62%
5.08%
QQQ
1.00%
13.47%
0.83%
17.08%
19.20%
17.72%
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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.
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Dividends
UHS vs. QQQ - Dividend Comparison
UHS's dividend yield for the trailing twelve months is around 0.42%, less than QQQ's 0.58% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
UHS Universal Health Services, Inc. | 0.42% | 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 | 0.58% | 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.
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Volatility
UHS vs. QQQ - Volatility Comparison
Universal Health Services, Inc. (UHS) has a higher volatility of 15.14% compared to Invesco QQQ (QQQ) at 7.54%. 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.
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