PCN vs. QQQ
Compare and contrast key facts about PIMCO Corporate & Income Strategy Fund (PCN) and Invesco QQQ (QQQ).
PCN is managed by PIMCO. It was launched on Dec 20, 2001. 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: PCN or QQQ.
Correlation
The correlation between PCN and QQQ is 0.28, 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
PCN vs. QQQ - Performance Comparison
Key characteristics
PCN:
0.70
QQQ:
0.45
PCN:
0.82
QQQ:
0.81
PCN:
1.19
QQQ:
1.11
PCN:
0.68
QQQ:
0.51
PCN:
3.16
QQQ:
1.65
PCN:
3.04%
QQQ:
6.96%
PCN:
15.21%
QQQ:
25.14%
PCN:
-61.13%
QQQ:
-82.98%
PCN:
-5.89%
QQQ:
-9.42%
Returns By Period
In the year-to-date period, PCN achieves a -1.67% return, which is significantly higher than QQQ's -4.41% return. Over the past 10 years, PCN has underperformed QQQ with an annualized return of 7.95%, while QQQ has yielded a comparatively higher 17.26% annualized return.
PCN
-1.67%
0.61%
-4.14%
10.64%
6.05%
7.95%
QQQ
-4.41%
4.71%
-4.80%
11.32%
17.54%
17.26%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
PCN vs. QQQ - Expense Ratio Comparison
PCN has a 0.85% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
PCN vs. QQQ — Risk-Adjusted Performance Rank
PCN
QQQ
PCN vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO Corporate & Income Strategy Fund (PCN) 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
PCN vs. QQQ - Dividend Comparison
PCN's dividend yield for the trailing twelve months is around 10.64%, more than QQQ's 0.61% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PCN PIMCO Corporate & Income Strategy Fund | 10.64% | 10.10% | 10.93% | 12.71% | 7.93% | 7.87% | 7.41% | 9.64% | 7.88% | 12.02% | 10.27% | 11.31% |
QQQ Invesco QQQ | 0.61% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
PCN vs. QQQ - Drawdown Comparison
The maximum PCN drawdown since its inception was -61.13%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for PCN and QQQ. For additional features, visit the drawdowns tool.
Volatility
PCN vs. QQQ - Volatility Comparison
The current volatility for PIMCO Corporate & Income Strategy Fund (PCN) is 5.52%, while Invesco QQQ (QQQ) has a volatility of 8.24%. This indicates that PCN 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.