WGS vs. QQQ
WGS (GeneDx Holdings Corp.) is a stock, while QQQ (Invesco QQQ ETF) is Nasdaq-100 fund tracking the NASDAQ-100 Index. Over the past 5 years, WGS returned -32.92%/yr vs 16.01%/yr for QQQ. At a 0.37 correlation, their price movements are largely independent.
Performance
WGS vs. QQQ - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, WGS achieves a -55.34% return, which is significantly lower than QQQ's 16.45% return.
WGS
- 1D
- 4.80%
- 1M
- 22.76%
- YTD
- -55.34%
- 6M
- -57.09%
- 1Y
- -27.14%
- 3Y*
- 111.60%
- 5Y*
- -32.92%
- 10Y*
- —
QQQ
- 1D
- -3.29%
- 1M
- -0.43%
- YTD
- 16.45%
- 6M
- 14.99%
- 1Y
- 34.88%
- 3Y*
- 26.05%
- 5Y*
- 16.01%
- 10Y*
- 22.07%
WGS vs. QQQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
WGS GeneDx Holdings Corp. | -55.34% | 69.22% | 2,694.91% | -68.41% | -94.09% | -59.60% | 12.65% |
QQQ Invesco QQQ ETF | 16.45% | 20.77% | 25.58% | 54.86% | -32.58% | 27.42% | 14.44% |
Correlation
The correlation between WGS and QQQ is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.30 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.28 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.37 |
Correlation (All Time) Calculated using the full available price history since Nov 4, 2020 | 0.37 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
WGS vs. QQQ — Risk / Return Rank
WGS
QQQ
WGS vs. QQQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GeneDx Holdings Corp. (WGS) and Invesco QQQ ETF (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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| WGS | QQQ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.28 | ||
| Sortino ratioReturn per unit of downside risk | -2.42 | ||
| Omega ratioGain probability vs. loss probability | 1.02 | 1.35 | -0.32 |
| Calmar ratioReturn relative to maximum drawdown | -0.34 | 2.93 | -3.27 |
| Martin ratioReturn relative to average drawdown | -0.68 | 10.86 | -11.55 |
Loading charts...
Drawdowns
WGS vs. QQQ - Drawdown Comparison
The maximum WGS drawdown since its inception was -99.85%, which is greater than QQQ's maximum drawdown of -82.97%. Use the drawdown chart below to compare losses from any high point for WGS and QQQ.
Loading charts...
Drawdown Indicators
| WGS | QQQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.85% | -82.97% | -16.88% |
Max Drawdown (1Y)Largest decline over 1 year | -79.40% | -11.96% | -67.44% |
Max Drawdown (3Y)Largest decline over 3 years | -84.28% | -22.77% | -61.51% |
Max Drawdown (5Y)Largest decline over 5 years | -99.73% | -35.12% | -64.61% |
Max Drawdown (10Y)Largest decline over 10 years | — | -35.12% | — |
Current DrawdownCurrent decline from peak | -93.18% | -4.25% | -88.93% |
Average DrawdownAverage peak-to-trough decline | -83.39% | -32.73% | -50.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 39.86% | 3.22% | +36.64% |
Volatility
WGS vs. QQQ - Volatility Comparison
GeneDx Holdings Corp. (WGS) has a higher volatility of 22.71% compared to Invesco QQQ ETF (QQQ) at 9.17%. This indicates that WGS'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.
Loading charts...
Volatility by Period
| WGS | QQQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 22.71% | 9.17% | +13.54% |
Volatility (6M)Calculated over the trailing 6-month period | 86.16% | 14.57% | +71.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 85.76% | 17.96% | +67.80% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 110.07% | 22.69% | +87.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 107.32% | 22.42% | +84.90% |
Dividends
WGS vs. QQQ - Dividend Comparison
WGS has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.43%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
QQQ Invesco QQQ ETF | 0.43% | 0.45% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% |
WGS GeneDx Holdings 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% |
Frequently Asked Questions
WGS and QQQ have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WGS has higher volatility (22.71%) compared to QQQ (9.17%). In terms of maximum drawdown, WGS dropped -99.85% vs QQQ's -82.97%.
QQQ currently has the higher Sharpe Ratio (1.95 vs -0.33), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for WGS and QQQ
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer