Invesco QQQ Maximum Drawdown
| QQQ ETF | | | USD 694.93 -0.84 -0.12% |
Maximum Drawdown (or MDD) is another indicator of risk. It is the reduction in asset value after a series of losing trades. This is normally calculated by getting the difference between a relative peaks in equity capital minus a relative trough. Below is Invesco QQQ's current Maximum Drawdown with peer comparisons and related risk metrics.
Current Maximum Drawdown Value
The Maximum Drawdown of 4.5 for Invesco QQQ indicates a contained peak-to-trough loss. Invesco QQQ's maximum drawdown has remained under 10%, indicating limited downside exposure.
Maximum Drawdown | = | MAX(HIGH - LOW) |
| = | 4.5 | |
| MAX | = | Maximum notation for the range of returns on Invesco QQQ |
Maximum Drawdown Peers Comparison
Among sector peers, Invesco QQQ's Maximum Drawdown of 4.5 is above the 3.54 group average. The range runs from 1.24 (Vanguard Total Bond) to 6.37 (Vanguard FTSE Developed). Invesco QQQ's deeper drawdown relative to peers indicates greater historical downside exposure.
Maximum Drawdown Relative To Other Indicators
The chart below plots Maximum Drawdown against Maximum Drawdown for Invesco QQQ and its peers. Each point represents one equity — position along the horizontal axis shows Maximum Drawdown while the vertical axis shows Maximum Drawdown. Equities that cluster in different quadrants carry distinct risk-return profiles. Use the dropdowns to swap in other indicators for either axis.
Invesco QQQ's Maximum Drawdown reads
4.50 while Maximum Drawdown reads
4.50 , a
1.00 ratio between the two. The two measures are closely aligned in magnitude for Invesco QQQ.
Methodology, Assumptions & Data Sources
The current Maximum Drawdown for Invesco QQQ is 4.5. The Maximum Drawdown for Invesco QQQ applies a standardized calculation to daily closing prices and, where applicable, volume data across the selected period. Data sources include daily closing prices from supported exchanges, with standard corporate action adjustments applied. Results are based on historical returns and do not predict future performance. This indicator is provided for informational purposes.
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