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 0.33, 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:
-0.18
QQQ:
1.53
UROY:
0.16
QQQ:
2.07
UROY:
1.02
QQQ:
1.28
UROY:
-0.15
QQQ:
2.03
UROY:
-0.33
QQQ:
7.27
UROY:
31.56%
QQQ:
3.78%
UROY:
58.25%
QQQ:
17.92%
UROY:
-68.17%
QQQ:
-82.98%
UROY:
-59.17%
QQQ:
-5.04%
Returns By Period
In the year-to-date period, UROY achieves a 7.76% return, which is significantly higher than QQQ's -0.20% return.
UROY
7.76%
-1.26%
1.72%
-8.53%
N/A
N/A
QQQ
-0.20%
-1.13%
4.22%
28.85%
19.78%
18.50%
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Risk-Adjusted Performance
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 0.56%.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
Invesco QQQ | 0.56% | 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 -68.17%, 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 17.66% compared to Invesco QQQ (QQQ) at 5.72%. 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.