WTRG vs. QQQ
Compare and contrast key facts about Essential Utilities, Inc. (WTRG) 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: WTRG or QQQ.
Correlation
The correlation between WTRG and QQQ is 0.31, 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
WTRG vs. QQQ - Performance Comparison
Key characteristics
WTRG:
0.62
QQQ:
-0.18
WTRG:
1.01
QQQ:
-0.10
WTRG:
1.13
QQQ:
0.99
WTRG:
0.41
QQQ:
-0.18
WTRG:
1.96
QQQ:
-0.70
WTRG:
6.91%
QQQ:
5.41%
WTRG:
22.04%
QQQ:
21.28%
WTRG:
-47.95%
QQQ:
-82.98%
WTRG:
-18.89%
QQQ:
-21.54%
Returns By Period
In the year-to-date period, WTRG achieves a 9.94% return, which is significantly higher than QQQ's -17.20% return. Over the past 10 years, WTRG has underperformed QQQ with an annualized return of 6.65%, while QQQ has yielded a comparatively higher 15.79% annualized return.
WTRG
9.94%
2.78%
5.25%
12.11%
3.30%
6.65%
QQQ
-17.20%
-15.68%
-13.00%
-2.32%
18.97%
15.79%
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Risk-Adjusted Performance
WTRG vs. QQQ — Risk-Adjusted Performance Rank
WTRG
QQQ
WTRG vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Essential Utilities, Inc. (WTRG) 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
WTRG vs. QQQ - Dividend Comparison
WTRG's dividend yield for the trailing twelve months is around 3.24%, more than QQQ's 0.71% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WTRG Essential Utilities, Inc. | 3.24% | 3.48% | 3.18% | 2.33% | 1.93% | 2.05% | 1.93% | 2.48% | 2.02% | 2.46% | 2.30% | 2.37% |
QQQ Invesco QQQ | 0.71% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
WTRG vs. QQQ - Drawdown Comparison
The maximum WTRG drawdown since its inception was -47.95%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for WTRG and QQQ. For additional features, visit the drawdowns tool.
Volatility
WTRG vs. QQQ - Volatility Comparison
The current volatility for Essential Utilities, Inc. (WTRG) is 7.97%, while Invesco QQQ (QQQ) has a volatility of 10.78%. This indicates that WTRG experiences smaller price fluctuations and is considered to be less risky than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.