UROY vs. QQQ
Compare and contrast key facts about Uranium Royalty Corp (UROY) 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: UROY or QQQ.
Correlation
The correlation between UROY 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
UROY vs. QQQ - Performance Comparison
Key characteristics
UROY:
-0.44
QQQ:
0.45
UROY:
-0.29
QQQ:
0.81
UROY:
0.97
QQQ:
1.11
UROY:
-0.34
QQQ:
0.51
UROY:
-0.98
QQQ:
1.65
UROY:
25.69%
QQQ:
6.96%
UROY:
59.75%
QQQ:
25.14%
UROY:
-74.57%
QQQ:
-82.98%
UROY:
-66.61%
QQQ:
-9.42%
Returns By Period
In the year-to-date period, UROY achieves a -11.87% return, which is significantly lower than QQQ's -4.41% return.
UROY
-11.87%
19.88%
-29.04%
-26.05%
N/A
N/A
QQQ
-4.41%
4.71%
-4.80%
11.32%
17.54%
17.26%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
UROY vs. QQQ — Risk-Adjusted Performance Rank
UROY
QQQ
UROY vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Uranium Royalty Corp (UROY) 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
UROY vs. QQQ - Dividend Comparison
UROY has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.61%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
UROY Uranium Royalty Corp | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQ Invesco QQQ | 0.61% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
UROY vs. QQQ - Drawdown Comparison
The maximum UROY drawdown since its inception was -74.57%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for UROY and QQQ. For additional features, visit the drawdowns tool.
Volatility
UROY vs. QQQ - Volatility Comparison
Uranium Royalty Corp (UROY) has a higher volatility of 19.29% compared to Invesco QQQ (QQQ) at 8.24%. This indicates that UROY'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.