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 0.40, 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
PEN vs. QQQ - Performance Comparison
Key characteristics
PEN:
0.75
QQQ:
-0.18
PEN:
1.35
QQQ:
-0.10
PEN:
1.16
QQQ:
0.99
PEN:
0.56
QQQ:
-0.18
PEN:
2.57
QQQ:
-0.70
PEN:
11.34%
QQQ:
5.41%
PEN:
38.68%
QQQ:
21.28%
PEN:
-62.64%
QQQ:
-82.98%
PEN:
-20.58%
QQQ:
-21.54%
Returns By Period
In the year-to-date period, PEN achieves a 15.06% return, which is significantly higher than QQQ's -17.20% return.
PEN
15.06%
-3.66%
40.13%
27.09%
11.59%
N/A
QQQ
-17.20%
-15.68%
-13.00%
-2.32%
18.97%
15.79%
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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.
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 0.71%.
| 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 | 0.71% | 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.
Volatility
PEN vs. QQQ - Volatility Comparison
Penumbra, Inc. (PEN) and Invesco QQQ (QQQ) have volatilities of 10.77% and 10.78%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.