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 0.37, 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:
1.02
TQQQ:
1.37
BAP:
1.55
TQQQ:
1.84
BAP:
1.18
TQQQ:
1.25
BAP:
0.72
TQQQ:
1.55
BAP:
4.83
TQQQ:
5.79
BAP:
4.76%
TQQQ:
12.58%
BAP:
22.63%
TQQQ:
53.25%
BAP:
-73.50%
TQQQ:
-81.66%
BAP:
-12.96%
TQQQ:
-11.00%
Returns By Period
In the year-to-date period, BAP achieves a 24.15% return, which is significantly lower than TQQQ's 65.52% return. Over the past 10 years, BAP has underperformed TQQQ with an annualized return of 3.91%, while TQQQ has yielded a comparatively higher 35.36% annualized return.
BAP
24.15%
-5.55%
16.86%
21.98%
-0.37%
3.91%
TQQQ
65.52%
6.50%
12.39%
66.67%
32.06%
35.36%
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
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 2.11%, more than TQQQ's 0.88% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BAP Credicorp Ltd. | 2.11% | 0.45% | 0.29% | 4.10% | 5.37% | 3.94% | 0.20% | 4.32% | 1.47% | 2.25% | 1.19% | 1.96% |
TQQQ ProShares UltraPro QQQ | 0.88% | 1.26% | 0.57% | 0.00% | 0.00% | 0.06% | 0.11% | 0.00% | 0.00% | 0.01% | 0.03% | 0.00% |
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 7.94%, while ProShares UltraPro QQQ (TQQQ) has a volatility of 16.08%. 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.