PGNY vs. QQQ
Compare and contrast key facts about Progyny, Inc. (PGNY) 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: PGNY or QQQ.
Correlation
The correlation between PGNY and QQQ is 0.43, 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
PGNY vs. QQQ - Performance Comparison
Key characteristics
PGNY:
-0.52
QQQ:
0.49
PGNY:
-0.34
QQQ:
0.85
PGNY:
0.94
QQQ:
1.12
PGNY:
-0.39
QQQ:
0.54
PGNY:
-0.83
QQQ:
1.86
PGNY:
36.82%
QQQ:
6.59%
PGNY:
59.45%
QQQ:
25.26%
PGNY:
-79.49%
QQQ:
-82.98%
PGNY:
-65.65%
QQQ:
-13.25%
Returns By Period
In the year-to-date period, PGNY achieves a 32.75% return, which is significantly higher than QQQ's -8.45% return.
PGNY
32.75%
6.56%
47.27%
-29.75%
2.02%
N/A
QQQ
-8.45%
-5.29%
-4.78%
10.24%
17.72%
16.49%
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Risk-Adjusted Performance
PGNY vs. QQQ — Risk-Adjusted Performance Rank
PGNY
QQQ
PGNY vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Progyny, Inc. (PGNY) 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
PGNY vs. QQQ - Dividend Comparison
PGNY has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.64%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PGNY Progyny, 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 | 0.64% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
PGNY vs. QQQ - Drawdown Comparison
The maximum PGNY drawdown since its inception was -79.49%, roughly equal to the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for PGNY and QQQ. For additional features, visit the drawdowns tool.
Volatility
PGNY vs. QQQ - Volatility Comparison
The current volatility for Progyny, Inc. (PGNY) is 10.54%, while Invesco QQQ (QQQ) has a volatility of 16.89%. This indicates that PGNY 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.