BANC vs. QQQ
Compare and contrast key facts about Banc of California, Inc. (BANC) 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: BANC or QQQ.
Correlation
The correlation between BANC and QQQ is 0.32, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
BANC vs. QQQ - Performance Comparison
Loading data...
Key characteristics
BANC:
-0.01
QQQ:
0.62
BANC:
0.32
QQQ:
1.05
BANC:
1.04
QQQ:
1.15
BANC:
0.02
QQQ:
0.71
BANC:
0.05
QQQ:
2.31
BANC:
13.20%
QQQ:
6.97%
BANC:
41.18%
QQQ:
25.51%
BANC:
-82.27%
QQQ:
-82.98%
BANC:
-27.71%
QQQ:
-5.73%
Returns By Period
In the year-to-date period, BANC achieves a -4.92% return, which is significantly lower than QQQ's -0.51% return. Over the past 10 years, BANC has underperformed QQQ with an annualized return of 3.42%, while QQQ has yielded a comparatively higher 17.55% annualized return.
BANC
-4.92%
18.71%
-11.29%
-0.49%
13.22%
3.42%
QQQ
-0.51%
11.76%
-0.86%
15.58%
19.11%
17.55%
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
BANC vs. QQQ — Risk-Adjusted Performance Rank
BANC
QQQ
BANC vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Banc of California, Inc. (BANC) 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.
Loading data...
Dividends
BANC vs. QQQ - Dividend Comparison
BANC's dividend yield for the trailing twelve months is around 2.74%, more than QQQ's 0.59% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BANC Banc of California, Inc. | 2.74% | 2.59% | 2.98% | 1.51% | 1.22% | 1.63% | 1.80% | 3.91% | 2.52% | 2.82% | 3.28% | 4.18% |
QQQ Invesco QQQ | 0.59% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
BANC vs. QQQ - Drawdown Comparison
The maximum BANC drawdown since its inception was -82.27%, roughly equal to the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for BANC and QQQ. For additional features, visit the drawdowns tool.
Loading data...
Volatility
BANC vs. QQQ - Volatility Comparison
Banc of California, Inc. (BANC) has a higher volatility of 9.97% compared to Invesco QQQ (QQQ) at 7.59%. This indicates that BANC's price experiences larger fluctuations and is considered to be riskier than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...