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 0.35, 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:
1.37
QQQ:
-0.18
CCEP:
1.90
QQQ:
-0.10
CCEP:
1.25
QQQ:
0.99
CCEP:
2.99
QQQ:
-0.18
CCEP:
7.04
QQQ:
-0.70
CCEP:
3.58%
QQQ:
5.41%
CCEP:
18.41%
QQQ:
21.28%
CCEP:
-79.40%
QQQ:
-82.98%
CCEP:
-6.56%
QQQ:
-21.54%
Returns By Period
In the year-to-date period, CCEP achieves a 9.27% return, which is significantly higher than QQQ's -17.20% return. Over the past 10 years, CCEP has underperformed QQQ with an annualized return of 14.31%, while QQQ has yielded a comparatively higher 15.64% annualized return.
CCEP
9.27%
1.86%
9.45%
24.58%
17.45%
14.31%
QQQ
-17.20%
-13.93%
-13.00%
-3.45%
17.38%
15.64%
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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 2.54%, more than QQQ's 0.71% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CCEP Coca-Cola European Partners plc | 2.54% | 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 | 0.71% | 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 9.39%, while Invesco QQQ (QQQ) has a volatility of 10.78%. 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.