UHT vs. QQQ
Compare and contrast key facts about Universal Health Realty Income Trust (UHT) 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: UHT or QQQ.
Correlation
The correlation between UHT and QQQ is 0.35, 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
UHT vs. QQQ - Performance Comparison
Key characteristics
UHT:
0.94
QQQ:
-0.18
UHT:
1.43
QQQ:
-0.10
UHT:
1.17
QQQ:
0.99
UHT:
0.32
QQQ:
-0.18
UHT:
2.26
QQQ:
-0.70
UHT:
9.68%
QQQ:
5.41%
UHT:
23.20%
QQQ:
21.28%
UHT:
-69.20%
QQQ:
-82.98%
UHT:
-59.75%
QQQ:
-21.54%
Returns By Period
In the year-to-date period, UHT achieves a 7.83% return, which is significantly higher than QQQ's -17.20% return. Over the past 10 years, UHT has underperformed QQQ with an annualized return of 1.42%, while QQQ has yielded a comparatively higher 15.79% annualized return.
UHT
7.83%
-2.54%
-5.63%
22.96%
-10.71%
1.42%
QQQ
-17.20%
-15.68%
-13.00%
-2.32%
18.97%
15.79%
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Risk-Adjusted Performance
UHT vs. QQQ — Risk-Adjusted Performance Rank
UHT
QQQ
UHT vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Universal Health Realty Income Trust (UHT) 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
UHT vs. QQQ - Dividend Comparison
UHT's dividend yield for the trailing twelve months is around 7.44%, more than QQQ's 0.71% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
UHT Universal Health Realty Income Trust | 7.44% | 7.85% | 6.66% | 5.95% | 4.71% | 4.29% | 2.32% | 4.37% | 3.51% | 3.96% | 5.12% | 5.24% |
QQQ Invesco QQQ | 0.71% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
UHT vs. QQQ - Drawdown Comparison
The maximum UHT drawdown since its inception was -69.20%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for UHT and QQQ. For additional features, visit the drawdowns tool.
Volatility
UHT vs. QQQ - Volatility Comparison
The current volatility for Universal Health Realty Income Trust (UHT) is 7.00%, while Invesco QQQ (QQQ) has a volatility of 10.78%. This indicates that UHT 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.