^SP500TR vs. QQQ
Compare and contrast key facts about S&P 500 Total Return (^SP500TR) 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: ^SP500TR or QQQ.
Correlation
The correlation between ^SP500TR and QQQ is 0.86, 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
^SP500TR vs. QQQ - Performance Comparison
Key characteristics
^SP500TR:
1.88
QQQ:
1.36
^SP500TR:
2.51
QQQ:
1.86
^SP500TR:
1.35
QQQ:
1.25
^SP500TR:
2.83
QQQ:
1.81
^SP500TR:
11.87
QQQ:
6.37
^SP500TR:
2.02%
QQQ:
3.84%
^SP500TR:
12.77%
QQQ:
18.10%
^SP500TR:
-55.25%
QQQ:
-82.98%
^SP500TR:
-3.94%
QQQ:
-5.91%
Returns By Period
In the year-to-date period, ^SP500TR achieves a -0.62% return, which is significantly higher than QQQ's -1.11% return. Over the past 10 years, ^SP500TR has underperformed QQQ with an annualized return of 13.28%, while QQQ has yielded a comparatively higher 18.49% annualized return.
^SP500TR
-0.62%
-3.35%
3.78%
23.82%
13.83%
13.28%
QQQ
-1.11%
-4.55%
2.20%
24.17%
18.93%
18.49%
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Risk-Adjusted Performance
^SP500TR vs. QQQ — Risk-Adjusted Performance Rank
^SP500TR
QQQ
^SP500TR vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for S&P 500 Total Return (^SP500TR) 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
^SP500TR vs. QQQ - Drawdown Comparison
The maximum ^SP500TR drawdown since its inception was -55.25%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for ^SP500TR and QQQ. For additional features, visit the drawdowns tool.
Volatility
^SP500TR vs. QQQ - Volatility Comparison
The current volatility for S&P 500 Total Return (^SP500TR) is 4.57%, while Invesco QQQ (QQQ) has a volatility of 5.94%. This indicates that ^SP500TR 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.