PAC vs. QQQ
Compare and contrast key facts about Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (PAC) 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: PAC or QQQ.
Correlation
The correlation between PAC and QQQ is 0.38, 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
PAC vs. QQQ - Performance Comparison
Key characteristics
PAC:
0.88
QQQ:
1.30
PAC:
1.41
QQQ:
1.78
PAC:
1.18
QQQ:
1.24
PAC:
1.28
QQQ:
1.76
PAC:
3.10
QQQ:
6.08
PAC:
10.23%
QQQ:
3.92%
PAC:
36.00%
QQQ:
18.35%
PAC:
-73.13%
QQQ:
-82.98%
PAC:
-4.29%
QQQ:
-2.49%
Returns By Period
In the year-to-date period, PAC achieves a 11.47% return, which is significantly higher than QQQ's 2.90% return. Over the past 10 years, PAC has underperformed QQQ with an annualized return of 16.39%, while QQQ has yielded a comparatively higher 18.10% annualized return.
PAC
11.47%
3.00%
19.54%
32.95%
14.22%
16.39%
QQQ
2.90%
-1.23%
9.93%
21.16%
19.73%
18.10%
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Risk-Adjusted Performance
PAC vs. QQQ — Risk-Adjusted Performance Rank
PAC
QQQ
PAC vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (PAC) 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
PAC vs. QQQ - Dividend Comparison
PAC's dividend yield for the trailing twelve months is around 3.71%, more than QQQ's 0.54% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PAC Grupo Aeroportuario del Pacífico, S.A.B. de C.V. | 3.71% | 4.13% | 4.88% | 5.01% | 4.15% | 0.00% | 4.98% | 6.27% | 4.73% | 4.86% | 4.28% | 7.16% |
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
PAC vs. QQQ - Drawdown Comparison
The maximum PAC drawdown since its inception was -73.13%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for PAC and QQQ. For additional features, visit the drawdowns tool.
Volatility
PAC vs. QQQ - Volatility Comparison
Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (PAC) has a higher volatility of 10.16% compared to Invesco QQQ (QQQ) at 5.02%. This indicates that PAC'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.