^DWRTF vs. QQQ
Compare and contrast key facts about Dow Jones U.S. Select REIT Index (^DWRTF) 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: ^DWRTF or QQQ.
Correlation
The correlation between ^DWRTF and QQQ is 0.49, 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
^DWRTF vs. QQQ - Performance Comparison
Key characteristics
^DWRTF:
0.33
QQQ:
1.64
^DWRTF:
0.56
QQQ:
2.19
^DWRTF:
1.07
QQQ:
1.30
^DWRTF:
0.18
QQQ:
2.16
^DWRTF:
1.22
QQQ:
7.79
^DWRTF:
4.41%
QQQ:
3.76%
^DWRTF:
16.05%
QQQ:
17.85%
^DWRTF:
-44.52%
QQQ:
-82.98%
^DWRTF:
-19.14%
QQQ:
-3.63%
Returns By Period
In the year-to-date period, ^DWRTF achieves a 3.50% return, which is significantly lower than QQQ's 27.20% return. Over the past 10 years, ^DWRTF has underperformed QQQ with an annualized return of 0.85%, while QQQ has yielded a comparatively higher 18.36% annualized return.
^DWRTF
3.50%
-5.57%
7.21%
4.20%
-0.23%
0.85%
QQQ
27.20%
3.08%
8.34%
27.81%
20.44%
18.36%
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Risk-Adjusted Performance
^DWRTF vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Dow Jones U.S. Select REIT Index (^DWRTF) 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
^DWRTF vs. QQQ - Drawdown Comparison
The maximum ^DWRTF drawdown since its inception was -44.52%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for ^DWRTF and QQQ. For additional features, visit the drawdowns tool.
Volatility
^DWRTF vs. QQQ - Volatility Comparison
Dow Jones U.S. Select REIT Index (^DWRTF) and Invesco QQQ (QQQ) have volatilities of 5.31% and 5.29%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.