BAP vs. TQQQ
Compare and contrast key facts about Credicorp Ltd. (BAP) and ProShares UltraPro QQQ (TQQQ).
TQQQ is a passively managed fund by ProShares that tracks the performance of the NASDAQ-100 Index (300%). It was launched on Feb 9, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BAP or TQQQ.
Correlation
The correlation between BAP and TQQQ is 0.38, 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
BAP vs. TQQQ - Performance Comparison
Key characteristics
BAP:
0.73
TQQQ:
-0.24
BAP:
1.16
TQQQ:
0.14
BAP:
1.14
TQQQ:
1.02
BAP:
0.68
TQQQ:
-0.31
BAP:
3.19
TQQQ:
-0.93
BAP:
5.65%
TQQQ:
19.03%
BAP:
24.82%
TQQQ:
73.79%
BAP:
-73.50%
TQQQ:
-81.66%
BAP:
-11.49%
TQQQ:
-51.15%
Returns By Period
In the year-to-date period, BAP achieves a 1.02% return, which is significantly higher than TQQQ's -42.60% return. Over the past 10 years, BAP has underperformed TQQQ with an annualized return of 4.77%, while TQQQ has yielded a comparatively higher 27.06% annualized return.
BAP
1.02%
-2.95%
-0.23%
18.56%
6.82%
4.77%
TQQQ
-42.60%
-28.00%
-37.67%
-17.72%
23.14%
27.06%
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Risk-Adjusted Performance
BAP vs. TQQQ — Risk-Adjusted Performance Rank
BAP
TQQQ
BAP vs. TQQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Credicorp Ltd. (BAP) and ProShares UltraPro QQQ (TQQQ). 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
BAP vs. TQQQ - Dividend Comparison
BAP's dividend yield for the trailing twelve months is around 2.07%, less than TQQQ's 2.18% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BAP Credicorp Ltd. | 2.07% | 2.10% | 0.45% | 0.29% | 4.10% | 5.37% | 3.94% | 0.20% | 4.32% | 1.47% | 2.25% | 1.19% |
TQQQ ProShares UltraPro QQQ | 2.18% | 1.27% | 1.26% | 0.57% | 0.00% | 0.00% | 0.06% | 0.11% | 0.00% | 0.00% | 0.01% | 0.03% |
Drawdowns
BAP vs. TQQQ - Drawdown Comparison
The maximum BAP drawdown since its inception was -73.50%, smaller than the maximum TQQQ drawdown of -81.66%. Use the drawdown chart below to compare losses from any high point for BAP and TQQQ. For additional features, visit the drawdowns tool.
Volatility
BAP vs. TQQQ - Volatility Comparison
The current volatility for Credicorp Ltd. (BAP) is 12.43%, while ProShares UltraPro QQQ (TQQQ) has a volatility of 46.85%. This indicates that BAP experiences smaller price fluctuations and is considered to be less risky than TQQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.