UNP vs. QQQ
Compare and contrast key facts about Union Pacific Corporation (UNP) 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: UNP or QQQ.
Key characteristics
| UNP | QQQ | |
|---|---|---|
| YTD Return | -0.33% | 3.78% |
| 1Y Return | 30.18% | 37.01% |
| 3Y Return (Ann) | 5.06% | 8.20% |
| 5Y Return (Ann) | 8.94% | 18.19% |
| 10Y Return (Ann) | 12.46% | 18.25% |
| Sharpe Ratio | 1.41 | 2.33 |
| Daily Std Dev | 19.79% | 16.27% |
| Max Drawdown | -67.49% | -82.98% |
| Current Drawdown | -7.68% | -4.91% |
Correlation
The correlation between UNP and QQQ is 0.45, 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
UNP vs. QQQ - Performance Comparison
In the year-to-date period, UNP achieves a -0.33% return, which is significantly lower than QQQ's 3.78% return. Over the past 10 years, UNP has underperformed QQQ with an annualized return of 12.46%, while QQQ has yielded a comparatively higher 18.25% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
UNP vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Union Pacific Corporation (UNP) 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
UNP vs. QQQ - Dividend Comparison
UNP's dividend yield for the trailing twelve months is around 2.14%, more than QQQ's 0.62% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
UNP Union Pacific Corporation | 2.14% | 2.12% | 2.45% | 1.70% | 1.86% | 2.05% | 2.21% | 1.85% | 2.17% | 2.81% | 1.60% | 1.76% |
QQQ Invesco QQQ | 0.62% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.01% |
Drawdowns
UNP vs. QQQ - Drawdown Comparison
The maximum UNP drawdown since its inception was -67.49%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for UNP and QQQ. For additional features, visit the drawdowns tool.
Volatility
UNP vs. QQQ - Volatility Comparison
Union Pacific Corporation (UNP) has a higher volatility of 6.52% compared to Invesco QQQ (QQQ) at 4.84%. This indicates that UNP'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.