PEN vs. QQQ
Compare and contrast key facts about Penumbra, Inc. (PEN) 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: PEN or QQQ.
Correlation
The correlation between PEN and QQQ is 0.41, 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.
Performance
PEN vs. QQQ - Performance Comparison
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Key characteristics
PEN:
1.00
QQQ:
0.64
PEN:
1.52
QQQ:
1.12
PEN:
1.18
QQQ:
1.16
PEN:
0.66
QQQ:
0.78
PEN:
4.54
QQQ:
2.53
PEN:
7.59%
QQQ:
6.98%
PEN:
39.71%
QQQ:
25.46%
PEN:
-62.64%
QQQ:
-82.98%
PEN:
-18.42%
QQQ:
-3.19%
Returns By Period
In the year-to-date period, PEN achieves a 18.19% return, which is significantly higher than QQQ's 2.16% return.
PEN
18.19%
1.20%
18.01%
37.91%
10.16%
N/A
QQQ
2.16%
17.43%
5.35%
16.14%
18.86%
17.81%
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Risk-Adjusted Performance
PEN vs. QQQ — Risk-Adjusted Performance Rank
PEN
QQQ
PEN vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Penumbra, Inc. (PEN) 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.
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Dividends
PEN vs. QQQ - Dividend Comparison
PEN has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.57%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PEN Penumbra, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQ Invesco QQQ | 0.57% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
PEN vs. QQQ - Drawdown Comparison
The maximum PEN drawdown since its inception was -62.64%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for PEN and QQQ. For additional features, visit the drawdowns tool.
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Volatility
PEN vs. QQQ - Volatility Comparison
Penumbra, Inc. (PEN) has a higher volatility of 10.58% compared to Invesco QQQ (QQQ) at 6.50%. This indicates that PEN'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.
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