^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.
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.
Performance
^DJI vs. QQQ - Performance Comparison
Key characteristics
^DJI:
1.19
QQQ:
1.54
^DJI:
1.73
QQQ:
2.06
^DJI:
1.22
QQQ:
1.28
^DJI:
2.22
QQQ:
2.03
^DJI:
6.50
QQQ:
7.34
^DJI:
2.07%
QQQ:
3.75%
^DJI:
11.34%
QQQ:
17.90%
^DJI:
-53.78%
QQQ:
-82.98%
^DJI:
-5.97%
QQQ:
-4.03%
Returns By Period
In the year-to-date period, ^DJI achieves a 12.30% return, which is significantly lower than QQQ's 26.66% return. Over the past 10 years, ^DJI has underperformed QQQ with an annualized return of 9.07%, while QQQ has yielded a comparatively higher 18.30% annualized return.
^DJI
12.30%
-2.45%
8.99%
12.70%
8.29%
9.07%
QQQ
26.66%
3.29%
6.76%
26.84%
20.38%
18.30%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
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 3.60%, while Invesco QQQ (QQQ) has a volatility of 5.23%. 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.