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.
Correlation
The correlation between WELL and QQQ is 0.37, 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
Key characteristics
WELL:
2.33
QQQ:
1.63
WELL:
3.50
QQQ:
2.18
WELL:
1.42
QQQ:
1.29
WELL:
3.86
QQQ:
2.14
WELL:
15.19
QQQ:
7.71
WELL:
2.83%
QQQ:
3.77%
WELL:
18.45%
QQQ:
17.87%
WELL:
-63.33%
QQQ:
-82.98%
WELL:
-9.82%
QQQ:
-2.69%
Returns By Period
In the year-to-date period, WELL achieves a 42.60% return, which is significantly higher than QQQ's 28.44% return. Over the past 10 years, WELL has underperformed QQQ with an annualized return of 9.48%, while QQQ has yielded a comparatively higher 18.39% annualized return.
WELL
42.60%
-8.91%
23.30%
42.94%
13.13%
9.48%
QQQ
28.44%
3.54%
10.65%
28.86%
20.62%
18.39%
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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 2.04%, more than QQQ's 0.59% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WELL Welltower Inc. | 2.04% | 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 | 0.59% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.02% |
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
Welltower Inc. (WELL) has a higher volatility of 5.68% compared to Invesco QQQ (QQQ) at 5.35%. This indicates that WELL'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.