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 0.24, 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
Key characteristics
BANC:
-0.04
QQQ:
0.15
BANC:
0.23
QQQ:
0.38
BANC:
1.03
QQQ:
1.05
BANC:
-0.04
QQQ:
0.16
BANC:
-0.14
QQQ:
0.58
BANC:
11.90%
QQQ:
6.25%
BANC:
40.34%
QQQ:
24.88%
BANC:
-82.27%
QQQ:
-82.98%
BANC:
-34.55%
QQQ:
-17.56%
Returns By Period
In the year-to-date period, BANC achieves a -13.91% return, which is significantly lower than QQQ's -13.00% return. Over the past 10 years, BANC has underperformed QQQ with an annualized return of 2.83%, while QQQ has yielded a comparatively higher 16.13% annualized return.
BANC
-13.91%
-6.58%
-11.80%
-1.54%
10.41%
2.83%
QQQ
-13.00%
-7.51%
-9.91%
5.53%
16.35%
16.13%
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.
Dividends
BANC vs. QQQ - Dividend Comparison
BANC's dividend yield for the trailing twelve months is around 3.03%, more than QQQ's 0.67% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BANC Banc of California, Inc. | 3.03% | 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 | 0.67% | 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.
Volatility
BANC vs. QQQ - Volatility Comparison
Banc of California, Inc. (BANC) and Invesco QQQ (QQQ) have volatilities of 16.64% and 16.19%, 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.