Correlation
The correlation between WSC and QQQ is 0.52, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
WSC vs. QQQ
Compare and contrast key facts about WillScot Mobile Mini Holdings Corp. (WSC) 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: WSC or QQQ.
Performance
WSC vs. QQQ - Performance Comparison
Loading data...
Key characteristics
WSC:
-0.64
QQQ:
0.62
WSC:
-0.69
QQQ:
0.92
WSC:
0.91
QQQ:
1.13
WSC:
-0.53
QQQ:
0.60
WSC:
-1.40
QQQ:
1.94
WSC:
21.97%
QQQ:
7.02%
WSC:
49.41%
QQQ:
25.59%
WSC:
-60.05%
QQQ:
-82.98%
WSC:
-49.20%
QQQ:
-3.64%
Returns By Period
In the year-to-date period, WSC achieves a -19.43% return, which is significantly lower than QQQ's 1.69% return.
WSC
-19.43%
5.15%
-29.52%
-31.65%
-8.97%
15.10%
N/A
QQQ
1.69%
7.77%
2.15%
15.88%
19.78%
18.08%
17.69%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
WSC vs. QQQ — Risk-Adjusted Performance Rank
WSC
QQQ
WSC vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for WillScot Mobile Mini Holdings Corp. (WSC) 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.
Loading data...
Dividends
WSC vs. QQQ - Dividend Comparison
WSC's dividend yield for the trailing twelve months is around 0.26%, less than QQQ's 0.58% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WSC WillScot Mobile Mini Holdings Corp. | 0.26% | 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 | 0.58% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
WSC vs. QQQ - Drawdown Comparison
The maximum WSC drawdown since its inception was -60.05%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for WSC and QQQ.
Loading data...
Volatility
WSC vs. QQQ - Volatility Comparison
WillScot Mobile Mini Holdings Corp. (WSC) has a higher volatility of 15.50% compared to Invesco QQQ (QQQ) at 5.62%. This indicates that WSC'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 data...