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Z vs. QQQ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between Z and QQQ is 0.47, 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.


-0.50.00.51.00.5

Performance

Z vs. QQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Zillow Group, Inc. (Z) and Invesco QQQ (QQQ). The values are adjusted to include any dividend payments, if applicable.

100.00%200.00%300.00%400.00%JulyAugustSeptemberOctoberNovemberDecember
176.46%
404.66%
Z
QQQ

Key characteristics

Sharpe Ratio

Z:

0.59

QQQ:

1.63

Sortino Ratio

Z:

1.35

QQQ:

2.18

Omega Ratio

Z:

1.16

QQQ:

1.29

Calmar Ratio

Z:

0.38

QQQ:

2.14

Martin Ratio

Z:

1.89

QQQ:

7.71

Ulcer Index

Z:

16.17%

QQQ:

3.77%

Daily Std Dev

Z:

51.60%

QQQ:

17.87%

Max Drawdown

Z:

-86.51%

QQQ:

-82.98%

Current Drawdown

Z:

-61.64%

QQQ:

-2.69%

Returns By Period

In the year-to-date period, Z achieves a 32.54% return, which is significantly higher than QQQ's 28.44% return.


Z

YTD

32.54%

1M

-8.45%

6M

63.10%

1Y

30.45%

5Y*

11.28%

10Y*

N/A

QQQ

YTD

28.44%

1M

3.54%

6M

10.65%

1Y

28.86%

5Y*

20.62%

10Y*

18.39%

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Risk-Adjusted Performance

Z vs. QQQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Zillow Group, Inc. (Z) 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.


Sharpe ratio
The chart of Sharpe ratio for Z, currently valued at 0.59, compared to the broader market-4.00-2.000.002.000.591.63
The chart of Sortino ratio for Z, currently valued at 1.35, compared to the broader market-4.00-2.000.002.004.001.352.18
The chart of Omega ratio for Z, currently valued at 1.16, compared to the broader market0.501.001.502.001.161.29
The chart of Calmar ratio for Z, currently valued at 0.38, compared to the broader market0.002.004.006.000.382.14
The chart of Martin ratio for Z, currently valued at 1.89, compared to the broader market-5.000.005.0010.0015.0020.0025.001.897.71
Z
QQQ

The current Z Sharpe Ratio is 0.59, which is lower than the QQQ Sharpe Ratio of 1.63. The chart below compares the historical Sharpe Ratios of Z and QQQ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00JulyAugustSeptemberOctoberNovemberDecember
0.59
1.63
Z
QQQ

Dividends

Z vs. QQQ - Dividend Comparison

Z has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.59%.


TTM20232022202120202019201820172016201520142013
Z
Zillow 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
0.59%0.62%0.80%0.43%0.55%0.74%0.91%0.84%1.06%0.99%1.41%1.02%

Drawdowns

Z vs. QQQ - Drawdown Comparison

The maximum Z drawdown since its inception was -86.51%, roughly equal to the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for Z and QQQ. For additional features, visit the drawdowns tool.


-80.00%-60.00%-40.00%-20.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-61.64%
-2.69%
Z
QQQ

Volatility

Z vs. QQQ - Volatility Comparison

Zillow Group, Inc. (Z) has a higher volatility of 9.09% compared to Invesco QQQ (QQQ) at 5.35%. This indicates that Z'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.


5.00%10.00%15.00%20.00%25.00%JulyAugustSeptemberOctoberNovemberDecember
9.09%
5.35%
Z
QQQ
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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