PGIIX vs. QQQ
Compare and contrast key facts about Polen Global Growth Fund (PGIIX) and Invesco QQQ (QQQ).
PGIIX is managed by Polen Capital. It was launched on Dec 29, 2014. 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: PGIIX or QQQ.
Correlation
The correlation between PGIIX and QQQ is 0.89, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
PGIIX vs. QQQ - Performance Comparison
Key characteristics
PGIIX:
0.61
QQQ:
1.44
PGIIX:
0.88
QQQ:
1.95
PGIIX:
1.11
QQQ:
1.26
PGIIX:
0.60
QQQ:
1.94
PGIIX:
2.57
QQQ:
6.71
PGIIX:
3.17%
QQQ:
3.92%
PGIIX:
13.36%
QQQ:
18.27%
PGIIX:
-38.63%
QQQ:
-82.98%
PGIIX:
-3.05%
QQQ:
0.00%
Returns By Period
In the year-to-date period, PGIIX achieves a 4.33% return, which is significantly lower than QQQ's 5.27% return. Over the past 10 years, PGIIX has underperformed QQQ with an annualized return of 10.88%, while QQQ has yielded a comparatively higher 18.50% annualized return.
PGIIX
4.33%
4.22%
5.65%
6.71%
6.18%
10.88%
QQQ
5.27%
4.15%
13.63%
24.59%
18.87%
18.50%
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PGIIX vs. QQQ - Expense Ratio Comparison
PGIIX has a 0.99% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
PGIIX vs. QQQ — Risk-Adjusted Performance Rank
PGIIX
QQQ
PGIIX vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Polen Global Growth Fund (PGIIX) 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
PGIIX vs. QQQ - Dividend Comparison
PGIIX has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.53%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PGIIX Polen Global Growth Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.91% | 0.00% | 0.00% | 0.00% | 0.09% | 0.00% |
QQQ Invesco QQQ | 0.53% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
PGIIX vs. QQQ - Drawdown Comparison
The maximum PGIIX drawdown since its inception was -38.63%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for PGIIX and QQQ. For additional features, visit the drawdowns tool.
Volatility
PGIIX vs. QQQ - Volatility Comparison
The current volatility for Polen Global Growth Fund (PGIIX) is 2.92%, while Invesco QQQ (QQQ) has a volatility of 5.01%. This indicates that PGIIX 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.