WELL vs. QQQ
Compare and contrast key facts about Welltower Inc. (WELL) 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: WELL or QQQ.
Key characteristics
| WELL | QQQ | |
|---|---|---|
| YTD Return | 8.79% | 7.66% |
| 1Y Return | 31.40% | 36.94% |
| 3Y Return (Ann) | 12.65% | 10.35% |
| 5Y Return (Ann) | 8.91% | 19.83% |
| 10Y Return (Ann) | 8.70% | 18.65% |
| Sharpe Ratio | 1.27 | 2.29 |
| Daily Std Dev | 21.52% | 16.25% |
| Max Drawdown | -63.33% | -82.98% |
| Current Drawdown | 0.00% | -1.36% |
Correlation
The correlation between WELL and QQQ is 0.34, 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
WELL vs. QQQ - Performance Comparison
In the year-to-date period, WELL achieves a 8.79% return, which is significantly higher than QQQ's 7.66% return. Over the past 10 years, WELL has underperformed QQQ with an annualized return of 8.70%, while QQQ has yielded a comparatively higher 18.65% 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
WELL vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Welltower Inc. (WELL) 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
WELL vs. QQQ - Dividend Comparison
WELL's dividend yield for the trailing twelve months is around 2.50%, more than QQQ's 0.60% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WELL Welltower Inc. | 2.50% | 2.71% | 3.72% | 2.84% | 4.18% | 4.26% | 5.01% | 5.46% | 5.14% | 4.85% | 4.20% | 5.71% |
QQQ Invesco QQQ | 0.60% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.01% |
Drawdowns
WELL vs. QQQ - Drawdown Comparison
The maximum WELL drawdown since its inception was -63.33%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for WELL and QQQ. For additional features, visit the drawdowns tool.
Volatility
WELL vs. QQQ - Volatility Comparison
The current volatility for Welltower Inc. (WELL) is 4.56%, while Invesco QQQ (QQQ) has a volatility of 5.79%. This indicates that WELL 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.