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 0.40, 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.
Performance
WTRG vs. QQQ - Performance Comparison
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Key characteristics
WTRG:
0.09
QQQ:
0.64
WTRG:
0.33
QQQ:
1.12
WTRG:
1.04
QQQ:
1.16
WTRG:
0.08
QQQ:
0.78
WTRG:
0.36
QQQ:
2.53
WTRG:
6.98%
QQQ:
6.98%
WTRG:
22.78%
QQQ:
25.46%
WTRG:
-47.95%
QQQ:
-82.98%
WTRG:
-19.65%
QQQ:
-3.19%
Returns By Period
In the year-to-date period, WTRG achieves a 8.90% return, which is significantly higher than QQQ's 2.16% return. Over the past 10 years, WTRG has underperformed QQQ with an annualized return of 6.50%, while QQQ has yielded a comparatively higher 17.81% annualized return.
WTRG
8.90%
-3.31%
2.47%
1.37%
1.58%
6.50%
QQQ
2.16%
17.43%
5.35%
16.14%
18.86%
17.81%
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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.
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Dividends
WTRG vs. QQQ - Dividend Comparison
WTRG's dividend yield for the trailing twelve months is around 3.36%, more than QQQ's 0.57% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WTRG Essential Utilities, Inc. | 3.36% | 3.49% | 3.18% | 2.33% | 1.93% | 2.05% | 1.93% | 2.48% | 2.02% | 2.46% | 2.30% | 2.37% |
QQQ Invesco QQQ | 0.57% | 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.
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Volatility
WTRG vs. QQQ - Volatility Comparison
Essential Utilities, Inc. (WTRG) has a higher volatility of 8.12% compared to Invesco QQQ (QQQ) at 6.50%. This indicates that WTRG'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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