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 0.38, 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
BEPC vs. QQQ - Performance Comparison
Key characteristics
BEPC:
0.54
QQQ:
0.14
BEPC:
1.03
QQQ:
0.31
BEPC:
1.12
QQQ:
1.04
BEPC:
0.32
QQQ:
0.17
BEPC:
1.49
QQQ:
0.53
BEPC:
13.02%
QQQ:
5.24%
BEPC:
36.28%
QQQ:
20.34%
BEPC:
-61.04%
QQQ:
-82.98%
BEPC:
-46.05%
QQQ:
-16.35%
Returns By Period
In the year-to-date period, BEPC achieves a 3.63% return, which is significantly higher than QQQ's -11.72% return.
BEPC
3.63%
5.96%
-8.32%
22.59%
N/A
N/A
QQQ
-11.72%
-8.92%
-6.13%
2.56%
20.53%
16.52%
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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 5.08%, more than QQQ's 0.66% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BEPC Brookfield Renewable Corporation | 5.08% | 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 | 0.66% | 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
The current volatility for Brookfield Renewable Corporation (BEPC) is 7.47%, while Invesco QQQ (QQQ) has a volatility of 9.26%. This indicates that BEPC experiences smaller price fluctuations and is considered to be less risky than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.