WRD vs. QQQ
WRD (WeRide Inc) is a stock, while QQQ (Invesco QQQ ETF) is Nasdaq-100 fund tracking the NASDAQ-100 Index. Over the past year, WRD returned -30.52% vs 32.28% for QQQ. At a 0.44 correlation, their price movements are largely independent.
Performance
WRD vs. QQQ - Performance Comparison
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Returns By Period
In the year-to-date period, WRD achieves a -35.48% return, which is significantly lower than QQQ's 15.95% return.
WRD
- 1D
- -2.61%
- 1M
- -23.71%
- YTD
- -35.48%
- 6M
- -36.58%
- 1Y
- -30.52%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
QQQ
- 1D
- -0.42%
- 1M
- -0.86%
- YTD
- 15.95%
- 6M
- 14.16%
- 1Y
- 32.28%
- 3Y*
- 25.87%
- 5Y*
- 15.94%
- 10Y*
- 22.01%
WRD vs. QQQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
WRD WeRide Inc | -35.48% | -38.79% | -8.52% |
QQQ Invesco QQQ ETF | 15.95% | 20.77% | 4.01% |
Correlation
The correlation between WRD and QQQ is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.49 |
Correlation (All Time) Calculated using the full available price history since Oct 25, 2024 | 0.44 |
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Return for Risk
WRD vs. QQQ — Risk / Return Rank
WRD
QQQ
WRD vs. QQQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WeRide Inc (WRD) 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.
| WRD | QQQ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.29 | ||
| Sortino ratioReturn per unit of downside risk | -2.76 | ||
| Omega ratioGain probability vs. loss probability | 0.96 | 1.32 | -0.36 |
| Calmar ratioReturn relative to maximum drawdown | -0.56 | 2.71 | -3.27 |
| Martin ratioReturn relative to average drawdown | -0.99 | 10.01 | -11.01 |
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Drawdowns
WRD vs. QQQ - Drawdown Comparison
The maximum WRD drawdown since its inception was -86.14%, roughly equal to the maximum QQQ drawdown of -82.97%. Use the drawdown chart below to compare losses from any high point for WRD and QQQ.
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Drawdown Indicators
| WRD | QQQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -86.14% | -82.97% | -3.17% |
Max Drawdown (1Y)Largest decline over 1 year | -54.77% | -11.96% | -42.81% |
Max Drawdown (3Y)Largest decline over 3 years | — | -22.77% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -35.12% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -35.12% | — |
Current DrawdownCurrent decline from peak | -86.14% | -4.66% | -81.48% |
Average DrawdownAverage peak-to-trough decline | -67.36% | -32.72% | -34.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 30.80% | 3.23% | +27.57% |
Volatility
WRD vs. QQQ - Volatility Comparison
WeRide Inc (WRD) has a higher volatility of 17.93% compared to Invesco QQQ ETF (QQQ) at 9.17%. This indicates that WRD'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.
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Volatility by Period
| WRD | QQQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.93% | 9.17% | +8.76% |
Volatility (6M)Calculated over the trailing 6-month period | 42.14% | 14.54% | +27.60% |
Volatility (1Y)Calculated over the trailing 1-year period | 64.86% | 17.95% | +46.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 118.08% | 22.69% | +95.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 118.08% | 22.41% | +95.67% |
Dividends
WRD vs. QQQ - Dividend Comparison
WRD 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% |
WRD WeRide 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
WRD and QQQ have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WRD has higher volatility (17.93%) compared to QQQ (9.17%). In terms of maximum drawdown, WRD dropped -86.14% vs QQQ's -82.97%.
QQQ currently has the higher Sharpe Ratio (1.81 vs -0.48), 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.
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