CPA vs. QQQ
Compare and contrast key facts about Copa Holdings, S.A. (CPA) 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: CPA or QQQ.
Correlation
The correlation between CPA and QQQ is 0.40, 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
CPA vs. QQQ - Performance Comparison
Key characteristics
CPA:
0.19
QQQ:
0.56
CPA:
0.46
QQQ:
0.86
CPA:
1.06
QQQ:
1.11
CPA:
0.17
QQQ:
0.78
CPA:
0.49
QQQ:
2.57
CPA:
11.98%
QQQ:
4.12%
CPA:
30.26%
QQQ:
18.72%
CPA:
-78.99%
QQQ:
-82.98%
CPA:
-17.28%
QQQ:
-9.51%
Returns By Period
In the year-to-date period, CPA achieves a 11.74% return, which is significantly higher than QQQ's -4.50% return. Over the past 10 years, CPA has underperformed QQQ with an annualized return of 1.94%, while QQQ has yielded a comparatively higher 17.28% annualized return.
CPA
11.74%
7.99%
11.63%
4.98%
6.96%
1.94%
QQQ
-4.50%
-6.92%
6.21%
11.92%
19.43%
17.28%
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Risk-Adjusted Performance
CPA vs. QQQ — Risk-Adjusted Performance Rank
CPA
QQQ
CPA vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Copa Holdings, S.A. (CPA) 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
CPA vs. QQQ - Dividend Comparison
CPA's dividend yield for the trailing twelve months is around 6.67%, more than QQQ's 0.58% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CPA Copa Holdings, S.A. | 6.96% | 7.33% | 3.09% | 0.00% | 0.00% | 1.04% | 2.41% | 4.42% | 1.88% | 2.25% | 6.96% | 3.71% |
QQQ Invesco QQQ | 0.60% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
CPA vs. QQQ - Drawdown Comparison
The maximum CPA drawdown since its inception was -78.99%, roughly equal to the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for CPA and QQQ. For additional features, visit the drawdowns tool.
Volatility
CPA vs. QQQ - Volatility Comparison
Copa Holdings, S.A. (CPA) has a higher volatility of 9.42% compared to Invesco QQQ (QQQ) at 7.03%. This indicates that CPA's price experiences larger fluctuations and is considered to be riskier than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.