WK vs. QQQ
WK (Workiva Inc.) is a stock, while QQQ (Invesco QQQ ETF) is Nasdaq-100 fund tracking the NASDAQ-100 Index. Over the past 10 years, WK returned 13.64%/yr vs 21.94%/yr for QQQ. At a 0.46 correlation, their price movements are largely independent.
Performance
WK vs. QQQ - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, WK achieves a -42.21% return, which is significantly lower than QQQ's 21.30% return. Over the past 10 years, WK has underperformed QQQ with an annualized return of 13.64%, while QQQ has yielded a comparatively higher 21.94% annualized return.
WK
- 1D
- -4.04%
- 1M
- -11.91%
- YTD
- -42.21%
- 6M
- -45.87%
- 1Y
- -27.56%
- 3Y*
- -20.31%
- 5Y*
- -11.51%
- 10Y*
- 13.64%
QQQ
- 1D
- -0.26%
- 1M
- 10.60%
- YTD
- 21.30%
- 6M
- 19.66%
- 1Y
- 41.82%
- 3Y*
- 28.78%
- 5Y*
- 17.97%
- 10Y*
- 21.94%
WK vs. QQQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WK Workiva Inc. | -42.21% | -21.23% | 7.85% | 20.91% | -35.65% | 42.43% | 117.88% | 17.16% | 67.71% | 56.78% |
QQQ Invesco QQQ ETF | 21.30% | 20.77% | 25.58% | 54.86% | -32.58% | 27.42% | 48.62% | 38.96% | -0.13% | 32.66% |
Correlation
The correlation between WK and QQQ is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.13 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.34 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.50 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.48 |
Correlation (All Time) Calculated using the full available price history since Dec 15, 2014 | 0.46 |
Over the past year, the correlation between WK and QQQ has dropped to 0.13 - well below their long-term average of 0.46, suggesting their price drivers have been diverging.
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
WK vs. QQQ — Risk / Return Rank
WK
QQQ
WK vs. QQQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Workiva Inc. (WK) 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.
| WK | QQQ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.17 | ||
| Sortino ratioReturn per unit of downside risk | -4.08 | ||
| Omega ratioGain probability vs. loss probability | 0.93 | 1.45 | -0.53 |
| Calmar ratioReturn relative to maximum drawdown | -0.53 | 3.51 | -4.04 |
| Martin ratioReturn relative to average drawdown | -1.19 | 13.49 | -14.68 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| WK | QQQ | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.53 | 2.64 | -3.17 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.25 | 0.81 | -1.06 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.31 | 0.99 | -0.67 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.28 | 0.41 | -0.13 |
Drawdowns
WK vs. QQQ - Drawdown Comparison
The maximum WK drawdown since its inception was -72.45%, smaller than the maximum QQQ drawdown of -82.97%. Use the drawdown chart below to compare losses from any high point for WK and QQQ.
Loading charts...
Drawdown Indicators
| WK | QQQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -72.45% | -82.97% | +10.52% |
Max Drawdown (1Y)Largest decline over 1 year | -52.51% | -11.96% | -40.55% |
Max Drawdown (3Y)Largest decline over 3 years | -61.40% | -22.77% | -38.63% |
Max Drawdown (5Y)Largest decline over 5 years | -72.45% | -35.12% | -37.33% |
Max Drawdown (10Y)Largest decline over 10 years | -72.45% | -35.12% | -37.33% |
Current DrawdownCurrent decline from peak | -69.01% | -0.26% | -68.75% |
Average DrawdownAverage peak-to-trough decline | -26.39% | -32.79% | +6.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 23.20% | 3.11% | +20.09% |
Volatility
WK vs. QQQ - Volatility Comparison
Workiva Inc. (WK) has a higher volatility of 19.77% compared to Invesco QQQ ETF (QQQ) at 4.49%. This indicates that WK'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
| WK | QQQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.77% | 4.49% | +15.28% |
Volatility (6M)Calculated over the trailing 6-month period | 32.37% | 12.10% | +20.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 51.84% | 15.94% | +35.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 45.89% | 22.38% | +23.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 43.52% | 22.29% | +21.23% |
Dividends
WK vs. QQQ - Dividend Comparison
WK has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.38%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
QQQ Invesco QQQ ETF | 0.38% | 0.45% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% |
WK Workiva Inc. | 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
WK and QQQ have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WK has higher volatility (19.77%) compared to QQQ (4.49%). In terms of maximum drawdown, WK dropped -72.45% vs QQQ's -82.97%.
QQQ currently has the higher Sharpe Ratio (2.64 vs -0.53), 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 WK 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