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 0.24, 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:
1.52
QQQ:
1.58
PCN:
1.76
QQQ:
2.13
PCN:
1.37
QQQ:
1.28
PCN:
1.04
QQQ:
2.13
PCN:
4.08
QQQ:
7.44
PCN:
4.03%
QQQ:
3.88%
PCN:
10.83%
QQQ:
18.24%
PCN:
-61.13%
QQQ:
-82.98%
PCN:
-2.73%
QQQ:
-2.90%
Returns By Period
In the year-to-date period, PCN achieves a 1.52% return, which is significantly lower than QQQ's 2.06% return. Over the past 10 years, PCN has underperformed QQQ with an annualized return of 8.36%, while QQQ has yielded a comparatively higher 18.75% annualized return.
PCN
1.52%
0.25%
5.52%
16.47%
1.93%
8.36%
QQQ
2.06%
1.18%
10.12%
27.08%
19.30%
18.75%
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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 10.04%, more than QQQ's 0.55% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PCN PIMCO Corporate & Income Strategy Fund | 10.04% | 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 | 0.55% | 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 3.18%, while Invesco QQQ (QQQ) has a volatility of 6.45%. 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.