CCK vs. TQQQ
Compare and contrast key facts about Crown Holdings, Inc. (CCK) and ProShares UltraPro QQQ (TQQQ).
TQQQ is a passively managed fund by ProShares that tracks the performance of the NASDAQ-100 Index (300%). It was launched on Feb 9, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CCK or TQQQ.
Key characteristics
| CCK | TQQQ | |
|---|---|---|
| YTD Return | -9.52% | 2.14% |
| 1Y Return | -0.28% | 90.96% |
| 3Y Return (Ann) | -8.01% | -0.56% |
| 5Y Return (Ann) | 7.27% | 25.74% |
| 10Y Return (Ann) | 6.25% | 35.70% |
| Sharpe Ratio | -0.06 | 1.77 |
| Daily Std Dev | 27.83% | 48.54% |
| Max Drawdown | -98.20% | -81.66% |
| Current Drawdown | -34.53% | -40.23% |
Correlation
The correlation between CCK and TQQQ is 0.47, 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
CCK vs. TQQQ - Performance Comparison
In the year-to-date period, CCK achieves a -9.52% return, which is significantly lower than TQQQ's 2.14% return. Over the past 10 years, CCK has underperformed TQQQ with an annualized return of 6.25%, while TQQQ has yielded a comparatively higher 35.70% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
CCK vs. TQQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Crown Holdings, Inc. (CCK) and ProShares UltraPro QQQ (TQQQ). 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
CCK vs. TQQQ - Dividend Comparison
CCK's dividend yield for the trailing twelve months is around 1.17%, less than TQQQ's 1.37% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
CCK Crown Holdings, Inc. | 1.17% | 1.04% | 1.07% | 0.73% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TQQQ ProShares UltraPro QQQ | 1.37% | 1.26% | 0.57% | 0.00% | 0.00% | 0.06% | 0.11% | 0.00% | 0.00% | 0.01% | 0.03% |
Drawdowns
CCK vs. TQQQ - Drawdown Comparison
The maximum CCK drawdown since its inception was -98.20%, which is greater than TQQQ's maximum drawdown of -81.66%. Use the drawdown chart below to compare losses from any high point for CCK and TQQQ. For additional features, visit the drawdowns tool.
Volatility
CCK vs. TQQQ - Volatility Comparison
The current volatility for Crown Holdings, Inc. (CCK) is 6.98%, while ProShares UltraPro QQQ (TQQQ) has a volatility of 16.36%. This indicates that CCK experiences smaller price fluctuations and is considered to be less risky than TQQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.