BEPC vs. QQQ
Compare and contrast key facts about Brookfield Renewable Corporation (BEPC) 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: BEPC or QQQ.
Correlation
The correlation between BEPC and QQQ is 0.39, 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
BEPC vs. QQQ - Performance Comparison
Key characteristics
BEPC:
-0.20
QQQ:
1.34
BEPC:
-0.04
QQQ:
1.83
BEPC:
1.00
QQQ:
1.24
BEPC:
-0.12
QQQ:
1.78
BEPC:
-0.60
QQQ:
6.25
BEPC:
11.60%
QQQ:
3.86%
BEPC:
35.69%
QQQ:
18.07%
BEPC:
-61.04%
QQQ:
-82.98%
BEPC:
-51.11%
QQQ:
-6.00%
Returns By Period
In the year-to-date period, BEPC achieves a -6.07% return, which is significantly lower than QQQ's -1.20% return.
BEPC
-6.07%
-12.67%
-12.40%
-5.28%
N/A
N/A
QQQ
-1.20%
-4.64%
2.07%
24.06%
18.68%
18.47%
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Risk-Adjusted Performance
BEPC vs. QQQ — Risk-Adjusted Performance Rank
BEPC
QQQ
BEPC vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Brookfield Renewable Corporation (BEPC) 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
BEPC vs. QQQ - Dividend Comparison
BEPC's dividend yield for the trailing twelve months is around 5.47%, more than QQQ's 0.56% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BEPC Brookfield Renewable Corporation | 5.47% | 5.13% | 4.69% | 4.65% | 3.30% | 0.99% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQ Invesco QQQ | 0.56% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
BEPC vs. QQQ - Drawdown Comparison
The maximum BEPC drawdown since its inception was -61.04%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for BEPC and QQQ. For additional features, visit the drawdowns tool.
Volatility
BEPC vs. QQQ - Volatility Comparison
Brookfield Renewable Corporation (BEPC) has a higher volatility of 8.84% compared to Invesco QQQ (QQQ) at 5.94%. This indicates that BEPC'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.