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Z vs. QQQ
Performance
Risk-Adjusted Performance
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Drawdowns
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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.

0.00%20.00%40.00%60.00%80.00%JuneJulyAugustSeptemberOctoberNovember
69.84%
10.25%
Z
QQQ

Returns By Period

In the year-to-date period, Z achieves a 26.72% return, which is significantly higher than QQQ's 22.63% return.


Z

YTD

26.72%

1M

15.08%

6M

69.84%

1Y

87.57%

5Y (annualized)

13.57%

10Y (annualized)

N/A

QQQ

YTD

22.63%

1M

1.12%

6M

10.25%

1Y

30.41%

5Y (annualized)

20.71%

10Y (annualized)

18.02%

Key characteristics


ZQQQ
Sharpe Ratio1.511.75
Sortino Ratio2.522.34
Omega Ratio1.301.32
Calmar Ratio0.992.25
Martin Ratio4.988.17
Ulcer Index16.08%3.73%
Daily Std Dev52.92%17.44%
Max Drawdown-86.51%-82.98%
Current Drawdown-63.32%-2.75%

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Correlation

-0.50.00.51.00.5

The correlation between Z and QQQ is 0.48, 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.

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 1.51, compared to the broader market-4.00-2.000.002.004.001.511.75
The chart of Sortino ratio for Z, currently valued at 2.52, compared to the broader market-4.00-2.000.002.004.002.522.34
The chart of Omega ratio for Z, currently valued at 1.30, compared to the broader market0.501.001.502.001.301.32
The chart of Calmar ratio for Z, currently valued at 0.99, compared to the broader market0.002.004.006.000.992.25
The chart of Martin ratio for Z, currently valued at 4.98, compared to the broader market-10.000.0010.0020.0030.004.988.17
Z
QQQ

The current Z Sharpe Ratio is 1.51, which is comparable to the QQQ Sharpe Ratio of 1.75. 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-1.000.001.002.003.00JuneJulyAugustSeptemberOctoberNovember
1.51
1.75
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 0.61%.


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
0.61%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%JuneJulyAugustSeptemberOctoberNovember
-63.32%
-2.75%
Z
QQQ

Volatility

Z vs. QQQ - Volatility Comparison

Zillow Group, Inc. (Z) has a higher volatility of 24.11% compared to Invesco QQQ (QQQ) at 5.62%. 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%JuneJulyAugustSeptemberOctoberNovember
24.11%
5.62%
Z
QQQ