WLDN vs. QQQ
Compare and contrast key facts about Willdan Group, Inc. (WLDN) 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: WLDN or QQQ.
Correlation
The correlation between WLDN and QQQ is 0.24, 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
WLDN vs. QQQ - Performance Comparison
Key characteristics
WLDN:
1.66
QQQ:
1.26
WLDN:
2.93
QQQ:
1.73
WLDN:
1.33
QQQ:
1.23
WLDN:
1.17
QQQ:
1.70
WLDN:
7.13
QQQ:
5.86
WLDN:
10.61%
QQQ:
3.93%
WLDN:
45.71%
QQQ:
18.31%
WLDN:
-89.19%
QQQ:
-82.98%
WLDN:
-36.92%
QQQ:
-2.68%
Returns By Period
In the year-to-date period, WLDN achieves a -9.85% return, which is significantly lower than QQQ's 2.29% return. Over the past 10 years, WLDN has underperformed QQQ with an annualized return of 9.58%, while QQQ has yielded a comparatively higher 18.46% annualized return.
WLDN
-9.85%
-6.17%
-4.19%
74.85%
-0.58%
9.58%
QQQ
2.29%
1.48%
16.45%
21.54%
18.74%
18.46%
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Risk-Adjusted Performance
WLDN vs. QQQ — Risk-Adjusted Performance Rank
WLDN
QQQ
WLDN vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Willdan Group, Inc. (WLDN) 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
WLDN vs. QQQ - Dividend Comparison
WLDN has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.54%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WLDN Willdan Group, 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% |
QQQ Invesco QQQ | 0.54% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
WLDN vs. QQQ - Drawdown Comparison
The maximum WLDN drawdown since its inception was -89.19%, which is greater than QQQ's maximum drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for WLDN and QQQ. For additional features, visit the drawdowns tool.
Volatility
WLDN vs. QQQ - Volatility Comparison
Willdan Group, Inc. (WLDN) has a higher volatility of 8.87% compared to Invesco QQQ (QQQ) at 5.48%. This indicates that WLDN'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.