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CCK vs. TQQQ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between CCK and TQQQ 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.


-0.50.00.51.00.5

Performance

CCK vs. TQQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Crown Holdings, Inc. (CCK) and ProShares UltraPro QQQ (TQQQ). The values are adjusted to include any dividend payments, if applicable.

0.00%5,000.00%10,000.00%15,000.00%20,000.00%JulyAugustSeptemberOctoberNovemberDecember
233.06%
19,782.66%
CCK
TQQQ

Key characteristics

Sharpe Ratio

CCK:

-0.32

TQQQ:

1.37

Sortino Ratio

CCK:

-0.27

TQQQ:

1.84

Omega Ratio

CCK:

0.96

TQQQ:

1.25

Calmar Ratio

CCK:

-0.18

TQQQ:

1.55

Martin Ratio

CCK:

-0.69

TQQQ:

5.79

Ulcer Index

CCK:

11.53%

TQQQ:

12.58%

Daily Std Dev

CCK:

24.73%

TQQQ:

53.25%

Max Drawdown

CCK:

-98.20%

TQQQ:

-81.66%

Current Drawdown

CCK:

-33.96%

TQQQ:

-11.00%

Returns By Period

In the year-to-date period, CCK achieves a -8.73% return, which is significantly lower than TQQQ's 65.52% return. Over the past 10 years, CCK has underperformed TQQQ with an annualized return of 5.16%, while TQQQ has yielded a comparatively higher 35.36% annualized return.


CCK

YTD

-8.73%

1M

-8.01%

6M

7.71%

1Y

-8.71%

5Y*

3.76%

10Y*

5.16%

TQQQ

YTD

65.52%

1M

6.50%

6M

12.39%

1Y

66.67%

5Y*

32.06%

10Y*

35.36%

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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.


Sharpe ratio
The chart of Sharpe ratio for CCK, currently valued at -0.32, compared to the broader market-4.00-2.000.002.00-0.321.37
The chart of Sortino ratio for CCK, currently valued at -0.27, compared to the broader market-4.00-2.000.002.004.00-0.271.84
The chart of Omega ratio for CCK, currently valued at 0.96, compared to the broader market0.501.001.502.000.961.25
The chart of Calmar ratio for CCK, currently valued at -0.18, compared to the broader market0.002.004.006.00-0.181.55
The chart of Martin ratio for CCK, currently valued at -0.69, compared to the broader market-5.000.005.0010.0015.0020.0025.00-0.695.79
CCK
TQQQ

The current CCK Sharpe Ratio is -0.32, which is lower than the TQQQ Sharpe Ratio of 1.37. The chart below compares the historical Sharpe Ratios of CCK and TQQQ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00JulyAugustSeptemberOctoberNovemberDecember
-0.32
1.37
CCK
TQQQ

Dividends

CCK vs. TQQQ - Dividend Comparison

CCK's dividend yield for the trailing twelve months is around 1.20%, more than TQQQ's 0.88% yield.


TTM2023202220212020201920182017201620152014
CCK
Crown Holdings, Inc.
1.20%1.04%1.07%0.72%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
TQQQ
ProShares UltraPro QQQ
0.88%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.


-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-33.96%
-11.00%
CCK
TQQQ

Volatility

CCK vs. TQQQ - Volatility Comparison

The current volatility for Crown Holdings, Inc. (CCK) is 5.42%, while ProShares UltraPro QQQ (TQQQ) has a volatility of 16.08%. 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.


5.00%10.00%15.00%20.00%25.00%JulyAugustSeptemberOctoberNovemberDecember
5.42%
16.08%
CCK
TQQQ
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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