CCEP vs. QQQ
Compare and contrast key facts about Coca-Cola European Partners plc (CCEP) 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: CCEP or QQQ.
Correlation
The correlation between CCEP and QQQ is 0.46, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
CCEP vs. QQQ - Performance Comparison
Key characteristics
CCEP:
1.35
QQQ:
0.47
CCEP:
2.13
QQQ:
0.81
CCEP:
1.28
QQQ:
1.11
CCEP:
3.31
QQQ:
0.51
CCEP:
8.00
QQQ:
1.67
CCEP:
3.67%
QQQ:
6.93%
CCEP:
19.06%
QQQ:
25.14%
CCEP:
-79.40%
QQQ:
-82.98%
CCEP:
-1.39%
QQQ:
-9.36%
Returns By Period
In the year-to-date period, CCEP achieves a 16.89% return, which is significantly higher than QQQ's -4.34% return. Over the past 10 years, CCEP has underperformed QQQ with an annualized return of 15.21%, while QQQ has yielded a comparatively higher 17.21% annualized return.
CCEP
16.89%
9.70%
18.22%
25.59%
21.54%
15.21%
QQQ
-4.34%
17.36%
-4.62%
11.64%
17.57%
17.21%
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Risk-Adjusted Performance
CCEP vs. QQQ — Risk-Adjusted Performance Rank
CCEP
QQQ
CCEP vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Coca-Cola European Partners plc (CCEP) 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
CCEP vs. QQQ - Dividend Comparison
CCEP's dividend yield for the trailing twelve months is around 2.37%, more than QQQ's 0.61% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CCEP Coca-Cola European Partners plc | 2.37% | 2.77% | 2.95% | 3.07% | 2.90% | 2.01% | 2.71% | 2.73% | 2.38% | 49.27% | 2.27% | 2.26% |
QQQ Invesco QQQ | 0.61% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
CCEP vs. QQQ - Drawdown Comparison
The maximum CCEP drawdown since its inception was -79.40%, roughly equal to the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for CCEP and QQQ. For additional features, visit the drawdowns tool.
Volatility
CCEP vs. QQQ - Volatility Comparison
The current volatility for Coca-Cola European Partners plc (CCEP) is 6.64%, while Invesco QQQ (QQQ) has a volatility of 13.83%. This indicates that CCEP 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.