^DJI vs. QQQ
Compare and contrast key facts about Dow Jones Industrial Average (^DJI) 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: ^DJI or QQQ.
Performance
^DJI vs. QQQ - Performance Comparison
Returns By Period
In the year-to-date period, ^DJI achieves a 15.27% return, which is significantly lower than QQQ's 21.78% return. Over the past 10 years, ^DJI has underperformed QQQ with an annualized return of 9.41%, while QQQ has yielded a comparatively higher 17.95% annualized return.
^DJI
15.27%
0.39%
8.60%
24.32%
9.27%
9.41%
QQQ
21.78%
1.15%
10.25%
29.54%
20.42%
17.95%
Key characteristics
| ^DJI | QQQ | |
|---|---|---|
| Sharpe Ratio | 2.19 | 1.70 |
| Sortino Ratio | 3.13 | 2.29 |
| Omega Ratio | 1.41 | 1.31 |
| Calmar Ratio | 3.99 | 2.19 |
| Martin Ratio | 12.20 | 7.96 |
| Ulcer Index | 1.98% | 3.72% |
| Daily Std Dev | 11.01% | 17.39% |
| Max Drawdown | -53.78% | -82.98% |
| Current Drawdown | -1.91% | -3.42% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Correlation
The correlation between ^DJI and QQQ is 0.74, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Risk-Adjusted Performance
^DJI vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Dow Jones Industrial Average (^DJI) 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.
Drawdowns
^DJI vs. QQQ - Drawdown Comparison
The maximum ^DJI drawdown since its inception was -53.78%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for ^DJI and QQQ. For additional features, visit the drawdowns tool.
Volatility
^DJI vs. QQQ - Volatility Comparison
The current volatility for Dow Jones Industrial Average (^DJI) is 4.58%, while Invesco QQQ (QQQ) has a volatility of 5.62%. This indicates that ^DJI 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.