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 0.36, 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
CCEP vs. QQQ - Performance Comparison
Key characteristics
CCEP:
1.13
QQQ:
1.85
CCEP:
1.75
QQQ:
2.43
CCEP:
1.20
QQQ:
1.33
CCEP:
2.38
QQQ:
2.45
CCEP:
5.34
QQQ:
8.74
CCEP:
3.54%
QQQ:
3.79%
CCEP:
16.75%
QQQ:
18.00%
CCEP:
-79.39%
QQQ:
-82.98%
CCEP:
-5.96%
QQQ:
-2.38%
Returns By Period
In the year-to-date period, CCEP achieves a -1.46% return, which is significantly lower than QQQ's 2.60% return. Over the past 10 years, CCEP has underperformed QQQ with an annualized return of 13.81%, while QQQ has yielded a comparatively higher 18.71% annualized return.
CCEP
-1.46%
-2.56%
4.86%
20.47%
11.48%
13.81%
QQQ
2.60%
-0.21%
5.79%
32.99%
20.13%
18.71%
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Risk-Adjusted Performance
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 2.81%, more than QQQ's 0.54% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CCEP Coca-Cola European Partners plc | 2.81% | 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 | 0.54% | 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 -79.39%, 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 4.55%, while Invesco QQQ (QQQ) has a volatility of 5.93%. 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.